- Gold Fields (NYSE:GFI) +2.3% premarket after saying it expects H1 earnings to surge, citing the recovery in the gold price and lower operating costs helped by a weaker rand.
- GFI says it expects to report on Aug. 18 that its basic EPS for the period was US$0.14, up from zero in its prior interim period, with headline EPS of US$0.16 vs. US$0.01 in the prior-year period.
- GFI expects H1 attributable gold equivalent production of 1.04M oz., +0.7% Y/Y, with all-in sustaining costs of production at $992/oz., -8.4% Y/Y; for Q2, GFI sees attributable equivalent production of 529K oz., +2.7% Y/Y, with AISC of $1,023/oz., +6.4% Y/Y.