CAPITAL MARKETS

Gold Fields profit down but beats forecasts

GOLD Fields reported lower earnings overnight but then watched its share price rise sharply.

Tim Treadgold
Gold Fields profit down but beats forecasts

Third-quarter profit at South Africa’s second-biggest gold producer slipped from the US$1.51 a share reported in the December quarter to US$1.36 in the March quarter. The result, while down, beat market...

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