Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated May 6, 2011, serves as a media release announcing the upcoming publication of financial results for the first quarter of calendar year 2011 (Q1C2011). The company is a major unhedged gold producer with operations in Australia, Ghana, Peru, and South Africa.
Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. This document is a notice of intent to release results rather than the results themselves.
Material Changes
No material changes or comparative financial data versus prior periods are disclosed in this filing, as the actual performance metrics are scheduled for release on May 19, 2011.
Guidance, Outlook, and Management Commentary
- Results Release: Q1C2011 results will be published on the company website on May 19, 2011, at 08:00 am (SA time).
- Conference Call: A conference call and webcast are scheduled for May 19, 2011, with dial-in numbers provided for South Africa, the USA, Australia, the UK, and Canada.
- Operational Overview: The company reports attributable annualized production of 3.6 million gold equivalent ounces from eight operating mines.
- Reserves and Resources: Total attributable gold equivalent Mineral Reserves stand at 76.7 million ounces, with Mineral Resources of 225.4 million ounces.
- Growth Pipeline: Four major projects are in resource development and feasibility stages, with construction decisions expected within the next 18 to 24 months.
Key Facts for Investor Verification
- Verify the actual Q1C2011 financial performance metrics on the company website after the May 19, 2011 release date.
- Confirm the status of the four major growth projects and the timeline for construction decisions.
- Review the full conference call transcript for management commentary on gold prices, production costs, and operational challenges.
- Check for any updates on the company's hedging strategy, as the filing notes the company is an "unhedged producer."