Gold Fields announces more than doubled dividend amid rising gold prices

GOLD Fields, the globally diversified gold producer, reported sharply higher profit of $1.03 billion in the six months to June 30, from $389 million at the same time a year before, after an improved operational performance was boosted by the higher gold price.

- EDWARD WEST

The dividend for the group with nine operating mines in Australia, Chile, Ghana, Peru, Canada and South Africa was more than doubled to 700 SA cents per share from 300 SA cents a year before.

Attributable profit came to $1.15 per share compared with $0.43 per share the previous year. Attributable gold produced came to 1 136,000 ounces for the six-month period compared with 918 000 the previous year at the same time. Managed gold produced came to 1 171 000 ounces versus 958 000 ounces. Gold sold came to 1 126 000 ounces versus 961 000 ounces in 2024. All-in-sustaining-costs (AISC) came to $1 682 per ounce versus $1 745 at the same time last year.