Gold Fields: No Longer A Spectator In The Gold Rush

(17min)

Summary

  • Gold Fields is a geographically diversified gold producer with operations in South Africa, Australia, Chile, Peru, Ghana, and Canada.
  • Despite a challenging first half of 2024, GFI improved in H2, with production up 26% and costs down 12%.
  • Management's guidance suggests a 13.45% production increase in 2025 at a 3.31% lower All-In-Sustaining-Cost, supporting a conditional "Buy" rating.
Single gold bar

J Studios

Summary of Operations

Gold Fields (NYSE:GFI) (OTCPK:GFIOF) is a diversified gold producer. GFI was historically a South African mining giant, but nearly half of its production now comes from Australia. In 2013, Gold Fields spun off three of its older South

This article was written by

I work on the buy-side in Fixed Income. In my spare time, I'm out here seeking alpha. When it comes to my investment outlook...I'm here to remind you to "Always Protect Your Nuts!" I have a special interest in the Mining and Real Estate sectors.

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