{"id":8080,"date":"2012-02-17T16:30:10","date_gmt":"2012-02-17T14:30:10","guid":{"rendered":"http:\/\/www.myza.co.za\/?p=8080"},"modified":"2012-02-17T16:30:10","modified_gmt":"2012-02-17T14:30:10","slug":"higher-gold-price-contributes-to-improved-earnings","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/higher-gold-price-contributes-to-improved-earnings\/","title":{"rendered":"Higher Gold Price Contributes to Improved Earnings"},"content":{"rendered":"<p>Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced net earnings for the December quarter of R2,605 million compared with R2,055 million in the September quarter and a loss of R777 million in the December 2010 quarter. In US dollar terms net earnings for the December quarter were US$336 million, compared with US$293 million in the September quarter and a loss of US$106 million in the December 2010 quarter. Net earnings of R7,027 million (US$973 million) for the year ended December 2011 compared with R1,139 million (US$153 million) for the year ended December 2010.<\/p>\n<p><strong>December 2011 quarter salient features:<\/strong><\/p>\n<ul>\n<li>Group attributable equivalent gold production of 883,000 ounces;<\/li>\n<li>Total cash cost decreased from US$851 per ounce to US$767 per ounce;<\/li>\n<li>Operating margin of 56 per cent and NCE margin of 28 per cent reflecting good cost control and higher prices;<\/li>\n<li>Project pipeline gaining momentum;<\/li>\n<li>Fourth place ranking in the resources sector of the Dow Jones sustainability index.<\/li>\n<\/ul>\n<p>A final dividend of 230 SA cents per share is payable on 12 March 2012, giving a total dividend for the year ended December 2011 of 330 SA cents per share.<\/p>\n<p>[wpramazon asin=&#8221;B0029LJIFG&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced net earnings for the December quarter of R2,605 million compared with R2,055 million in the September quarter and a loss of R777 million in the December 2010 quarter. In US dollar terms net earnings for the December quarter were US$336 million, compared with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[1133,1161,388],"class_list":{"0":"post-8080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-gold","8":"tag-gold-fields","9":"tag-results","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8080"}],"version-history":[{"count":1,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8080\/revisions"}],"predecessor-version":[{"id":8081,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8080\/revisions\/8081"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}