By: Creamer media

The company reported HEPS of $0.36 apiece in the six months ended June 30, 2024.

Basic earnings per share will likely be between $1.09 and $1.21, which would be between 153% and 181% higher year-on-year.

Gold Fields says its normalised earnings, which are profits excluding gains and losses on foreign exchange, financial instruments and non-recurring items after taxation and non-controlling interest, will be between $1.06 and $1.18 apiece, which would mark an increase of between 165% and 195% in the six months under review.

The company says it benefitted from higher gold prices and higher gold volumes sold in the reporting period, compared with the prior comparable period.

The group expects its attributable gold-equivalent production for the reporting period to be 1.13-million ounces, which would mark a 24% year-on-year increase. The company, therefore, remains on track to meet its attributable gold-equivalent production for the year at between 2.25-million and 2.45-million ounces.

Gold Fields will release its interim results on or about August 22.