Gold Fields predicts a 25-33% drop in first-half earnings due to severe weather disrupting production.

Gold Fields, a major gold producer, predicts a 25-33% decrease in first-half earnings due to severe weather disrupting production, resulting in a 20% fall in gold production. However, they anticipate improvements in the second half of the year with the Salares Norte project ramp-up and production enhancements. The full financial results will be released on August 23.

August 08, 2024
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