Gold Fields reduces output guidance for its Chile mine, Salares Norte, due to winter weather impact.

Gold Fields cuts output guidance due to icy weather impacting its key Chile mine, Salares Norte. The early onset of winter caused freezing of material in the process plant's piping, leading to a temporary shutdown. Commissioning and ramp-up during winter months remain challenging, with production levels uncertain. The company has lowered its full-year output guidance from 2.33-2.43 million ounces to 2.2-2.3 million ounces.