Gold Fields Sees FF24 Gold Equivalent Production (Excluding Asanko) 2.33Moz To 2.43Moz; AISC $1,410/Oz To $1,460/Oz; AIC $1,600/Oz To $1,650/Oz
Portfolio Pulse from Benzinga Newsdesk
Gold Fields forecasts its FY24 gold equivalent production (excluding Asanko) to be between 2.33Moz and 2.43Moz. The anticipated All-in Sustaining Cost (AISC) is projected to range from $1,410 to $1,460 per ounce, and the All-in Cost (AIC) is expected to be between $1,600 and $1,650 per ounce.
February 22, 2024 | 1:40 pm
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Gold Fields forecasts an increase in FY24 gold equivalent production to 2.33-2.43Moz, with AISC between $1,410 and $1,460 per ounce and AIC from $1,600 to $1,650 per ounce.
The forecasted increase in gold equivalent production and the detailed cost projections provide a positive outlook for Gold Fields. The specific figures for AISC and AIC are crucial for investors to assess the company's profitability and efficiency in gold production. Given the detailed projections, this news is highly relevant and important for investors in GFI, suggesting a positive short-term impact on the stock price.
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