gold mine
Making this announcement in a statement released here, the company revealed that cash costs were expected to be approximately US$780/oz, which was 9% lower than the US$857/oz achieved in Q2. Notional cash expenditure (NCE) was expected to be approximately US$1,080/oz, 13% below the US$1,239/oz achieved in Q2.
The statement went on to confirm that Gold Fields was on track to achieve its full-year production guidance for 2013 of between 1,825,000 and 1,900,000 ounces, as well as its guidance for cash cost and NCE of US$830/oz and US$1,240/oz respectively, as revised on 22 August, 2013. The original cash cost and NCE guidance for 2013 was US$860/oz and US$1,360/oz respectively.
Gold Fields will release its full results for Q3 2013 on Wednesday, 20 November 2013.
Source: Gold Fields Ltd. For more information, click here.