GFI Stock Recent News

South Africa's Gold Fields posted a 19% jump in annual profit on Thursday, after a $202 million break fee payment from its failed bid to acquire Canada's Yamana helped offset cost pressures.

(Kitco News) - Gold Fields (NYSE: GFI), one of the world's largest gold producers, announced Wednesday that its attributable gold equivalent production for FY 2022 is expected to be 2,399koz, up 3% from FY 2021 (2,340koz), exceeding the guidance range of 2,310koz - 2,360koz.

SKM, GFI and AU made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 23, 2022.

GFI vs. RGLD: Which Stock Is the Better Value Option?

(Kitco News) - “We thank Chris for the commitment and dedication he showed as CEO of Gold Fields, especially during the Yamana Gold transaction."

(Kitco News) - Gold Fields said it did not want to be drawn into a bidding war. Some major shareholders were also critical of the deal.

(Kitco News) - Gold Fields (NYSE: GFI), one of the world's largest gold producers, said Thursday it had a stable September 2022 quarter, with attributable gold equivalent production for Q3 2022 of 597koz, down 1% y-o-y (down 4% q-o-q).

As we start to think about wrapping up 2022, looking to next year and thinking about what the market will provide is exciting. Indeed, this year has been one in which simplifying and de-risking portfolios has been a profitable task.

An independent evaluation has put Yamana Gold's mineral assets at between $6 billion and $8 billion, in line with South Africa's Gold Fields' initial offer price for the Canadian miner, circulars issued late Friday showed.

These investments seem pretty vulnerable right now.