Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited, dated October 26, 2011, serves as a notice regarding the upcoming release of financial results. The company is a major unhedged gold producer with operations in Australia, Ghana, Peru, and South Africa. The filing specifically announces the publication date for results covering the quarter ended September 30, 2011.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity for the period ended September 30, 2011, as these results are scheduled for future release. However, the document provides the following operational metrics:
- Annualized Production: 3.6 million gold equivalent ounces.
- Operating Mines: 8 mines across four countries.
- Mineral Reserves: 76.7 million gold equivalent ounces.
- Mineral Resources: 225.4 million gold equivalent ounces.
Material Changes
The filing does not contain comparative financial data or details on material changes versus prior periods. It functions solely as a forward-looking announcement of the results release schedule.
Guidance, Outlook, and Management Commentary
Results Release: Gold Fields will publish its Q3 2011 results on November 10, 2011, at 08:00 am South African time on its website.
Conference Call: A conference call and webcast are scheduled for November 10, 2011, with dial-in numbers provided for South Africa, the USA, Australia, the UK, and Canada.
Growth Pipeline: Management notes an extensive global growth pipeline with four major projects in resource development and feasibility. Construction decisions for these projects are expected within the next 18 to 24 months.
Investor Verification Checklist
- Verify the actual Q3 2011 financial results when released on November 10, 2011.
- Confirm the status of the four major growth projects and their feasibility timelines.
- Review the company's hedging strategy, as it is described as an "unhedged" producer.
- Monitor gold price volatility impacts on the unhedged production profile.