[miningmx.com] — GOLD Fields expects 900,000 ounces of gold output in the three months to end-December, unchanged from the previous quarter, it said on Monday.
The world’s fourth-largest listed gold miner said total cash costs was expected to be about $730 per ounce and notional cash expenditure at about $1,100/oz.
Gold Fields suspended operations for a few days during the quarter after two workers were killed in separate accidents at its Beatrix No.3 shaft and at its Driefontein No.1 shaft in October and November, respectively.
The company, which is also grappling with unfavourable currency swings, lost a week’s output in November at its South Deep mine after workers there went on strike.
Shares in Gold Fields gained 0.70% to R116.86, compared with 0.21% gain the JSE gold mining index.
