Gold Fields Says Remains On Track To Achieve 2013 Production Guidance

(RTTNews) - Gold Fields Limited (GFI) announced that attributable Group production for the second-quarter of 2013 is expected to be 451,000 gold-equivalent ounces, with cash costs and notional cash expenditure or NCE of approximately US$860/oz and US$1,250/oz respectively. The main cause of the approximately 25,000 ounce decline in production during the second-quarter was the illegal strike at the Tarkwa and Damang mines in Ghana which was previously reported and subsequently resolved.

Despite the 5% decline in production to the second-quarter of 2013 from first-quarter of 2013, Gold Fields said it remains on track to achieve its production guidance for 2013 of between 1.83 million and 1.90 million ounces and cash cost and NCE of US$860/oz and US$1,360/oz respectively.

The company said it will release its results for the second-quarter of 2013 on Thursday, 22 August 2013.