Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated March 30, 2012, announces the release of the Integrated Annual Report for the financial year ended December 31, 2011. Gold Fields is a major global gold producer with operations in South Africa, West Africa, Australasia, and South America. The company operates eight mines and maintains a global growth pipeline with four major projects in development.
Key Financial and Operational Metrics
The filing confirms that the audited results for the 2011 financial year contain no modifications from the preliminary results published on February 17, 2012. KPMG has issued an unqualified audit report. Specific financial figures for revenue, profit, cash flow, margins, debt, and liquidity are not provided in this text; they are contained within the full Integrated Annual Report available on the company website.
- Production: Attributable annualized production of 3.5 million gold equivalent ounces.
- Reserves: Total attributable gold equivalent Mineral Reserves of 80.6 million ounces.
- Resources: Total attributable gold equivalent Mineral Resources of 217 million ounces.
- Operations: Eight operating mines across Australia, Ghana, Peru, and South Africa.
Material Changes
The filing explicitly states there are no material changes to the financial results compared to the preliminary condensed consolidated results released in February 2012. The text does not provide comparative data against the prior fiscal year (2010) within this specific document.
Guidance, Outlook, and Corporate Events
Outlook: The company expects construction decisions for its four major growth projects within the next 12 to 36 months. Corporate Events: An Annual General Meeting (AGM) is scheduled for Monday, May 14, 2012, at 09:00 at the company's principal executive offices in Sandton, South Africa. Risks and Contingencies: This specific filing does not detail specific risks or contingencies beyond the standard reference to the full annual report for detailed operational and sustainable development information.
Investor Verification Checklist
- Verify the full audited financial statements (revenue, net income, cash flow) in the Integrated Annual Report on www.goldfields.co.za, as this filing only confirms the release.
- Confirm the status and timeline of the four major projects in the growth pipeline mentioned for construction decisions.
- Review the detailed Mineral Reserves and Resources section in the annual report to validate the 80.6 million ounce reserve figure.
- Check the notice of the AGM for specific agenda items and voting matters scheduled for May 14, 2012.