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
4 Articles