Business Context and Reporting Period
Company: Gold Fields Limited
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: November 10, 2014
Reporting Period: This filing announces the upcoming release of results for the quarter ended September 30, 2014. The actual financial results are scheduled for release on November 20, 2014.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity for the quarter ended September 30, 2014, as this document serves as an advance notice of the results release.
Operational Context (as of filing date):
- Production: Attributable annual gold production of approximately 2.02 million ounces.
- Reserves: Attributable Mineral Reserves of around 49 million ounces of gold and 708 million pounds of copper.
- Resources: Mineral Resources of about 113 million ounces of gold and 7,120 million pounds of copper.
- Operations: Eight operating mines located in Australia, Ghana, Peru, and South Africa.
Material Changes
The filing does not report material changes for the quarter ended September 30, 2014. It references historical structural changes:
- February 2013: Unbundled mature underground KDC and Beatrix mines in South Africa into Sibanye Gold.
- October 2013: Acquired the Yilgarn South Assets (Granny Smith, Lawlers, and Darlot mines) from Barrick Gold in Western Australia.
Guidance, Outlook, and Management Commentary
Upcoming Events: Management has scheduled a telephone conference call and webcast for November 20, 2014, to discuss the Q3 2014 results. No specific financial guidance or outlook for future periods is provided in this text.
Risks and Contingencies: The filing does not explicitly detail new risks or contingencies beyond the standard operational profile of a global gold producer.
Important Facts for Investor Verification
- Verify the actual Q3 2014 financial results (revenue, profit, cash flow) once released on November 20, 2014, as they are not included in this filing.
- Confirm the impact of the October 2013 Yilgarn South Assets acquisition on Q3 2014 production and cost metrics.
- Review the conference call transcript for management commentary on gold price sensitivity and operational performance at the eight active mines.
- Check for any updates on the unbundling of Sibanye Gold and its ongoing relationship with Gold Fields.