CAPITAL MARKETS

Big Gold Fields profit jump

MAJOR South African gold miner Gold Fields has bounced back from a poor September quarter with increased production and a solid gold price resulting in a 73% increase in operating profit.

Ben Sharples
Big Gold Fields profit jump

Output in the December quarter increased by 5% to 1.04 million ounces, compared with 993,000oz achieved in the September quarter. Total cash costs decreased 2% to $US341 per ounce, compared to $US347/oz...

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