Beiträge von Simona

  • Gold Fields / GFI (NYSE, JNB)

    :!: News:
    03.2009 17:06



    http://www.ONN.tv Reports: Gold Fields (GFI) and Other Mining Stocks See Bullish Activity



    FRAME></INS></INS>
    Today’s ”Options News,” the morning look at market activity from http://www.ONN.tv, dissects some recent economic data, including January’s personal income and consumption numbers. Host Carrie Long and Chief Investment Strategist Jud Pyle also look at this week’s economic calendar, which includes February same-store sales and wraps up with Friday’s highly anticipated employment numbers.


    Long and Pyle also discuss gold, which is bumping against the psychologically significant $1,000 level. Pyle hypothesizes that investors not wanting to invest in the yellow metal itself may be turning to gold-mining stocks such as Gold Fields Limited (News) (GFI). Finally, the pair analyzes the latest move from General Electric (GE), which plans to cut its dividend to a dime per share.


    The complete report can be accessed at http://www.ONN.tv (http://www.ONN.tv), or directly through this link (http://link.brightcove.com/ser…11178001/bctid14509997001).


    About the Options News Network:


    Serving a rapidly growing segment of the investment community, The Options News Network is the first media outlet focused exclusively on providing top quality daily options news and entertainment, options education, options trading ideas, options strategies, and expert commentary on the options market, targeting options traders of all skill and experience levels as well as stock investors thinking about options for the first time.




    Contacts:


    Options News Network
    Carrie Long
    (312) 362-2520
    info@onn.tv

  • Gold Fields / GFI (NYSE, JNB)

    ;)
    Da geht es wohl bald mal wieder aufwärts. -



    23.12.2008 10:01


    Gold Fields on Track to Achieve Guidance of 840koz for Q2 F2009



    JOHANNESBURG, South Africa, December 23 /PRNewswire-FirstCall/ -- Gold Fields Limited (News) (Gold Fields) (NYSE, JSE, DIFX: GFI) today updated its operational guidance for Q2 F2009.
    Group attributable production for Q2 F2009 is expected to be approximately 840,000 ounces, which is in line with the guidance published on 29 October 2008.
    Group cash costs and Notional Cash Expenditure are expected to be lower than the guidance published on 29 October 2008 due to favourable exchange rate movements against the South African Rand and the Australian Dollar relative to those provided in the guidance. If stated at the exchange rates used in the guidance ($/R8.00 and A$/$0.85), Group cash costs and Notional Cash Expenditure would have been broadly in line with the guidance of R149,000/kg ($580/oz) and R229,000/kg ($890/oz), respectively.
    Nick Holland, Chief Executive Officer of Gold Fields, said: "We are pleased with the improved production and good cost control as well as the progress we are making in terms of delivering the various projects, which will make a significant difference to the future profile of Gold Fields. We are well placed to restoring Gold Fields' production closer to historical levels and in particular, to achieving a run rate of 1 million ounces per quarter in the near term. The rehabilitation of the steel infrastructure at the Kloof Main Shaft as well as the expansion of the Tarkwa Carbon In Leach (CIL) plant have been substantially completed and are on track to full production build-up by early January 2009."
    Detailed results for Q2 F2009 will be published on 29 January 2009, at 08:00am, South African time.
    About Gold Fields
    Gold Fields Limited is one of the world's largest unhedged producers of gold with attributable production of 3,64 million ounces per annum from eight operating mines in South Africa, Ghana and Australia. A ninth mine, Cerro Corona Gold/Copper mine in Peru, commenced production in August 2008 at an initial rate of approximately 375,000 gold equivalent ounces per annum. Gold Fields aims to reach a production rate of approximately 4.0 million ounces per annum during the March quarter of 2009. The company has total attributable ore reserves of 83 million ounces and mineral resources of 251 million ounces. Gold Fields is listed on the JSE Limited (primary listing), New York Stock Exchange (NYSE) and Dubai International Financial Exchange (DIFX) New Euronext in Brussels (NYX) and Swiss Exchange (SWX). For more information please visit the Gold Fields website at http://www.goldfields.co.za/.


    [Blockierte Grafik: http://www.finanznachrichten.de/images/news8.gif]




    Gruss und
    frohe Festtage

  • Gold Fields / GFI (NYSE, JNB)

    Hier auch mal wieder Erfreuliches: ;)


    Gold Fields may earn 70% of Orsu prospect in Kyrgyzstan ext By: Liezel Hill


    Published on 3rd December 2008


    TORONTO (miningweekly.com) – TSX- and Aim-listed Orsu Metals (formerly European Minerals) has signed a joint-venture agreement with a subsidiary of Gold Fields, which gives the larger company the right to earn as much as a 70% interest in Orsu's Talas licence area, in north-west Kyrgyzstan.


    Gold Fields take over operation of the project, and will reimburse Orsu for all exploration expenditure incurred by the company since March of this year. This amounts to about $3-million, Orsu said in a statement on Wednesday.


    Under the agreement Gold Fields has the right to earn up to a 60% interest in the joint venture company which owns the Taldybulak, Barkol, Kentash and Korgontash properties in the Talas region, by funding exploration expenditures of C$10-million.


    Gold Fields can then increase its effective interest in the project by a further 10% by funding the lesser of exploration expenditures of up to a further C$10 million; or exploration expenditures required to complete a feasibility study.


    Thereafter, Gold Fields will act as lead arranger to obtain any further project financing for the project development.


    Gold Fields and Orsu will otherwise contribute to the project requirements on a pro-rata basis through to project development.



    Editor: Liezel Hill


    Gruss,

  • Gold Fields / GFI (NYSE, JNB)

    :?: Meinung von Gold Fields-CEO Nick Holland: 8)



    http://africa.reuters.com/business/news/usnJOE493026.html




    Wirtschaftsnews - von heute 10:28


    Gold Fields CEO geht von deutlich sinkendem globalen Goldangebot aus



    Stuttgart (www.rohstoffe-go.de) Der CEO von <A href="http://www.rohstoffe-go.de/rohstoff/erweiterte-suche/archiv/company_id/ZAE000018123.html" Gold Fields Nick Holland, teilte am vergangenen Freitag mit, dass er aufgrund der derzeitigen Rationierung auf denKreditmärkten schwierige Finanzierungsbedingungen für sich in der Entwicklung befindlichen Goldprojekte sieht. Enstehende Goldproduzenten hätten Schwierigkeiten, die nötigen Investitionen zu schultern. Dies dürfte nicht ohne Folgen für den Goldmarkt bleiben: Holland geht von einer Kontraktion in den kommenden Jahren auf der Angebotseite aus, was sich wiederum stützend auf den Goldpreis auswirken und den etablierten Goldproduzenten in die Karten spielen würde.


    Die südafrikanische Minengesellschaft <A href="http://www.rohstoffe-go.de/rohstoff/erweiterte-suche/archiv/company_id/ZAE000018123.html" Gold Fields
    ist der weltweit viertgrösste Goldproduzent. Am vergangenen Freitag eröffnete CEO Holland die Cerro-Corona-Mine in Peru.





    Quelle: (sw)
    Gruss,



  • Golden Star Resources Ltd. / GSS, GSC (NYSE, TOR))

    Ob da nochmal was aufwärts geht? :?: Wenigstens traden könnte man dann.-


    20.08.2008 19:03



    Golden Star Appoints John Labate as Chief Financial Off


    </embed> Golden Star Resources Ltd. (News) (AMEX: GSS) (TSX: GSC) (GSE: GSR) is pleased to announce the appointment of Mr. John Labate as Senior Vice President and Chief Financial Officer effective August 20, 2008.


    Mr. Labate has held numerous positions in the mining finance and accounting field. Most recently, John was Chief Financial Officer for Constellation Copper Corporation. His previous experience includes Vice President and Chief Financial Officer of GeoBiotics, Inc. and Crown Resources Corporation. Mr. Labate also served at Bond International Gold as Controller and in various accounting positions at Anaconda Minerals Company.


    Tom Mair, President and CEO said: ”We are pleased to have John join the Golden Star management team. His extensive experience in international finance and accounting will add strength to our management team at a crucial time in the Company's expansion as a mid-tier gold producer. We welcome John into his new position here at Golden Star.“


    COMPANY PROFILE


    Golden Star holds a 90% equity interest in Golden Star (Bogoso/Prestea) Limited and Golden Star (Wassa) Limited, which respectively own the Bogoso/Prestea and Wassa open-pit gold mines and the Hwini-Butre and Benso properties in Ghana. In addition, Golden Star has an 81% interest in the currently inactive Prestea Underground mine in Ghana, as well as gold exploration interests elsewhere in Ghana, in other parts of West Africa and in the Guiana Shield of South America. Golden Star has approximately 236 million shares outstanding.


    Statements Regarding Forward-Looking Information: Some statements contained in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Such statements include comments regarding the development of Golden Star. There can be no assurance that future developments affecting the Company will be those anticipated by management. Please refer to the discussion of these and other factors in our Form 10-K for 2007.





    [Blockierte Grafik: http://www.finanznachrichten.de/images/news4.gif] 
    Gruss,

  • Gold Fields / GFI (NYSE, JNB)

    Nun, das wird schon wieder...muss ja, wenn man so reich ist...


    http://www.goldfields.co.za/index.asp


    Gold Fields Q4 profit down, output up 5%



    Published on 1st August 2008


    Updated 1 hour 9 minutes ago


    Johannesburg-based Gold Fields, the second-biggest producer in South Africa, on Friday reported a net profit of R950-million for the quarter ended June 30, which was 30% lower than the R1,36-billion figure it reported for the previous quarter.


    For the year ended June 30, the company lifted net profit by 83% to R4,8-billion, on the back of the higher gold price.


    Headline earnings for the three-months ended June 30 came in at R1,35 a share, compared with the preceding quarter’s figure of R1,91 a share.


    Gold production for the June quarter rose by 5% to 865 000 oz, while total cash costs were steady at R125 359/kg, or $502/oz, the company said in a statement posted to its website.


    “Gold Fields staged a welcome recovery with production increasing by 5% from Q3 which was negatively impacted by power interruptions, while maintaining a tight control on costs, despite the continued inflationary pressures world-wide,” CEO Nick Holland said.


    Holland reported that Gold Fields’ second-biggest mine, Kloof, would produce from 25% to 30% less gold from for some six months, while urgent maintenance was carried out at its main shaft.


    This was an outcome of the review that Gold Fields did of the infrastructure across its operations, sparked by safety concerns.


    Operations would continue at this shaft on a one-day-a-week basis to maintain the integrity of faces and ore passes, the company noted.


    Its biggest mine, Driefontein, would also lose 400 kg during the September quarter, while Gold Fields “caught up” safety critical secondary support.


    “Production at Driefontein and South Deep should return to approximately 6 800 kg a quarter and 1 500 kg a quarter, respectively, by the December quarter, and Kloof’s production should be restored to 2 000 kg a month by February 2009,” stated Gold Fields.



    ditor: Mariaan Olivier

  • Gold Fields / GFI (NYSE, JNB)

    8)


    Ja, man muss sich zu helfen wissen in schwierigen Zeiten - aber man hat ja Geld - viel Geld...zum Glück!


    S.Africa's Gold Fields to invest in own power



    Mon 30 Jun 2008, 13:34 GMT





    [-] Text [+]
    By James Macharia


    KLOOF MINE, South Africa (Reuters) - Gold Fields said on Monday it would invest in its own emergency power generation for its South African operations at a cost of 200 million rand.


    The installation would be completed by the year-end to generate 50 megawatts of electricity for its four South African mines in case the country faced a national power blackout.


    "There is a danger of almost complete flooding if we have no power to maintain the mines, in case of a total power blackout," Chief Operating Officer Terence Goodlace told Reuters.


    "What we shall install can help us perform emergency measures such as hoisting workers to the surface, but it will not be enough to enable us to mine," he added.


    The company's third-quarter output took a hit as state-owned utility Eskom failed to provide enough power to South Africa's mines, which led to a five-day countrywide mine shutdown in January, but Goodlace said Gold Fields was "coping well" with the reduced supply.


    Eskom supplies between 90 to 95 percent of electricity requirements to mines in the country.


    Goodlace also said the recent tariff increase granted to Eskom of 27.5 percent would translate into an additional cost of 200 million rand a year for the company.


    The entire mining sector has said the increase could see costs rise by 34.2 percent or 1.6 billion rand.


    Goodlace spoke on the sidelines of a media visit to Kloof mine, a key mine in the group, which lost 70 kg (2,471 ounces) of gold after a mine accident last week.


    Gold Fields shut a shaft at its Kloof operation for two days last week and suspended blasting at the entire mine for a day to allow for an audit after two workers were killed in a tremor.


    The mine, which does not normally operate on Saturday, resumed operations on Sunday evening, officials said.


    "We had to ensure safety of the entire operations," Vishnu Pillay, head of the firm's South African mines, told Reuters.


    "Even more than power shortages, safety is our biggest concern," Pillay added.


    Kloof is expected to produce better than the 175,500 ounces it produced in the quarter to end-March, which was a 24 percent fall from 230,800 ounces in the three months to end-December.


    GOLD PRICE


    Gold Fields Chief Executive Officer, Nick Holland said he saw the price of gold rising to $1,200 by June next year, but said mining sector production costs globally were rising fast.


    "Chances are for an upside on the price, the single biggest factor is the global inflation and the commodities boom," Holland told Reuters.


    "I would see the price at $1,000 in December and at $1,200 by June next year."


    Holland said the global mining sector was facing steep inflation and production costs were rising sharply.


    He said the company was looking to expand its portfolio with explorations in Peru, Chile, Argentina and China.


    Holland said he and and Goodlace would lead a fact finding mission to China in September.


    Holland said the company was in talks with government to try to resolve the issue of small scale miners who had invaded an umined site on its Damang mine in Ghana, which Gold Fields had hoped to start mining by year-end.


    The Gold Fields officials spoke on the sidelines of a tour of worker's houses Kloof mine, which lies some 60 km southwest of Johannesburg. The mine operates at depths of 1 km to 3.5 km, with about 15,000 workers.


    The company said it plans to spend more than 500 million rand on the construction of staff houses.