Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated January 23, 2012, serves as a media release announcing the upcoming publication of financial results. The company, a major unhedged gold producer with operations in Australia, Ghana, Peru, and South Africa, will report results for the quarter and full year ended December 31, 2011.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the period ended December 31, 2011. These figures are scheduled to be released on February 17, 2012.
However, the document provides the following operational context:
- Production: Attributable annualized production of 3.5 million gold equivalent ounces.
- Reserves: Total attributable gold equivalent Mineral Reserves of 76.7 million ounces.
- Resources: Total attributable gold equivalent Mineral Resources of 225.4 million ounces.
- Operations: Eight operating mines and four major projects in the growth pipeline.
Material Changes
The filing does not contain comparative financial data or details on material changes versus prior periods, as the actual results for the 2011 period have not yet been disclosed.
Guidance, Outlook, and Management Commentary
Management has scheduled a results presentation and global teleconference for February 17, 2012, to discuss the 2011 performance. The company notes that construction decisions for four major growth projects are expected within the next 18 to 24 months. No specific financial guidance or risk contingencies are detailed in this announcement.
Key Facts for Investor Verification
- Verify the actual financial results (revenue, profit, cash flow) when released on February 17, 2012.
- Confirm the status of the four major growth projects and the timeline for construction decisions.
- Review the full text of the results presentation for details on operational performance across the eight operating mines.
- Check for any updates on the company's hedging strategy, as it is described as an "unhedged producer."