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flag Gold Fields reports 12% rise in gold production but considers selling smaller mines to focus on larger operations.

flag Gold Fields, a South African gold mining company, reported a 12% increase in gold production to 510,000 ounces in the third quarter of 2024, despite higher operational costs. flag The company is considering selling smaller mines in Ghana and Peru to focus on larger operations and recently acquired Canadian assets. flag CEO Mike Fraser's strategy is easing pressure on the company, which saw a 25% improvement in gold prices this year.

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