JOHANNESBURG, Oct. 2, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it has reached a formal agreement with the National Union of Mineworkers ("NUM") to implement a new operating model at its developing South Deep Gold Mine ("South Deep") near Johannesburg in South Africa. Gold Fields CEO Nick Holland praised the national, regional and branch leadership of [...]
JOHANNESBURG, October 2, 2012 /PRNewswire/ --Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it has reached a formal agreement with the National Union of Mineworkers ("NUM") to implement a new operating model at its developing South Deep Gold Mine ("South Deep") near Johannesburg in South Africa. Gold Fields CEO Nick Holland praised the national, regional and [...]
JOHANNESBURG, Sept. 25, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to confirm that, notwithstanding press reports to the contrary, the unlawful and unprotected strike at the West Section of the KDC Gold Mine (KDC West, formerly Driefontein) on the West Rand in South Africa continues. The strike started on 9 September 2012.In addition the employees at the Beatrix Mine in the Free [...]
Gold stocks have been on an impressive run as of late as prices for the precious metals have surged due to the potential of economic stimulus from central banks across the globe. Gold prices reached a 6-month high last Thursday after the Federal Reserve announced stimulus for the U.S. economy. The SPDR Gold Trust ETF (GLD) has gained nearly 10 percent in the last month. Five Star Equities examines the outlook for [...]
Moments ago, TradersInsight.net introduced new coverage of Gold Fields and Newmont Mining. Full outlook, analysis and consensus opinion is available to readers via the links below. The consistent delivery of accurate analyses relies solely on two factors, namely: market awareness and industry insight. Recent market drivers include August's contraction of U.S. manufacturing activity, an upward surprise of 0.4% in [...]
JOHANNESBURG, Sept. 10, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that employees of the West Section of the KDC Gold Mine (KDC West, formerly Driefontein) on the West Rand in South Africa have been engaging in an unlawful and unprotected strike since the start of the night shift last night, Sunday, 9 September 2012. The strike continued into the morning shift [...]
JOHANNESBURG, Sept. 5, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that the unlawful strike by 12,000 employees at the KDC East mine on the West Rand in South Africa has been resolved and that striking employees have agreed to return to work with the commencement of the night shift tonight.The strike was resolved after the national leadership of the National Union [...]
JOHANNESBURG, Sept. 3, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC East) on the West Rand in South Africa continue to engage in an unlawful and unprotected strike.Approximately 12,000 employees are participating in the strike which started with the night shift on August 29. To date three night shifts as well [...]
Unlawful and Unprotected Strike at KDC EastJOHANNESBURG, Aug. 31, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC) on the West Rand in South Africa have been engaging in an unlawful and unprotected strike since the start of the night shift on Wednesday, 29 August 2012.Approximately 12,000 employees are [...]
While the price of gold has faced several headwinds of late, several analysts are optimistic gold could make a run in the second half of 2012 due to the ongoing accommodative monetary policies across the globe. A recent survey from Bloomberg shows that gold could be set for its best year since 2010. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on Gold Fields and [...]
Improved Performance From South Africa RegionJOHANNESBURG, Aug. 23, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced net earnings for the June quarter of R1,606 million compared with R2,082 million in the March quarter and R1,267 million in the June 2011 quarter. In US dollar terms net earnings for the June quarter were US$198 million, compared with US$268 million in the [...]
JOHANNESBURG, Aug. 10, 2012 /CNW/ - Further to our statement on 26 July 2012, Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that the Environmental Protection Agency (EPA) of Ghana on 9 August 2012 lifted the temporary suspension on Tarkwa Gold Mine's (Tarkwa) heap leach facilities.Tarkwa reopened both the North and South Heap Leach facilities on the evening of 9 August 2012 after [...]