Gold Fields Limited: Results for the year ended 31 December 2021

Rhea-AI Summary

Gold Fields Limited (NYSE: GFI) reported a significant increase in normalised profit for the year ended December 31, 2020, amounting to US$879 million or US$1.00 per share, up from US$343 million or US$0.42 per share in 2019. A final dividend of 320 SA cents per share will be paid on March 15, 2021, contributing to a total annual dividend of 480 SA cents per share. Gold Fields operates nine mines across Australia, Peru, South Africa, and West Africa, with a total annual gold-equivalent production of 2.2 million ounces.

Positive

• Normalised profit increased to US$879 million for 2020, up from US$343 million in 2019.
• Total dividend for 2020 stands at 480 SA cents per share, indicating strong cash flow.
• Gold Fields maintains a diversified operational base with nine mines across multiple regions.

Negative

• None.

JOHANNESBURG, Feb. 18, 2021 /PRNewswire/ -- Gold Fields Limited (NYSE: GFI) (JSE: GFI) announced normalised profit for year ended 31 December 2020 of US$879m (US$1.00 per share). This compared with normalised profit of US$343m (US$0.42 per share) for the year ended 31 December 2019.

A final dividend number 93 of 320 SA cents per share (gross) is payable on 15 March 2021, giving a total dividend for the year ended 31 December 2020 of 480 SA cents per share (gross).

Full results are available on the company website:

www.goldfields.com

Enquiries

Investors

Avishkar Nagaser
Tel:  +27 11 562-9775
Mobile:  +27 82 312 8692
Email : Avishkar.Nagaser@goldfields.com

Thomas Mengel
Tel:  +27 11 562 9849
Mobile:  +27 72 493 5170
Email:  Thomas.Mengel@goldfields.com

Media

Sven Lunsche
Tel:  +27 11 562-9763
Mobile:  +27 83 260 9279
Email :  Sven.Lunsche@goldfields.com

About Gold Fields

Gold Fields is a globally diversified gold producer with nine operating mines in Australia, Peru, South Africa and West Africa (including the Asanko JV), as well as one project in Chile. We have total attributable annual gold-equivalent production of 2.2Moz, attributable gold-equivalent Mineral Reserves of 51.3Moz and Mineral Resources of 115.7Moz. Our shares are listed on the Johannesburg Stock Exchange (JSE) and our American depositary shares trade on the New York Stock Exchange (NYSE).

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

View original content:http://www.prnewswire.com/news-releases/gold-fields-limited-results-for-the-year-ended-31-december-2021-301230618.html

SOURCE Gold Fields Limited

FAQ

What was Gold Fields' normalised profit for 2020?

Gold Fields reported a normalised profit of US$879 million for the year ended December 31, 2020.

What is the total dividend per share announced by Gold Fields for 2020?

Gold Fields declared a total dividend of 480 SA cents per share for the year ended December 31, 2020.

When is the final dividend for Gold Fields payable?

The final dividend is payable on March 15, 2021.

How many mines does Gold Fields operate?

Gold Fields operates nine mines across Australia, Peru, South Africa, and West Africa.

What is the gold-equivalent production of Gold Fields?

Gold Fields has an annual gold-equivalent production of 2.2 million ounces.