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Gold Fields (GFI) - 2024 Q2 - Earnings Call Transcript
2024-08-24 05:05
财务数据和关键指标变化 - 集团层面生产下降约20%,导致单位成本大幅上升 [6][12] - 集团调整后自由现金流为3.2亿美元 [12] - 2024年全年产量指引下调至205-215万盎司,主要受南非深井和秘鲁塞罗科罗纳影响 [13] - 2024年下半年预计产量将超过120万盎司,单位成本将大幅下降 [41] 各条业务线数据和关键指标变化 - 澳大利亚资产表现稳定,占集团产量和现金流的一半左右 [8] - 格鲁耶矿受到暴雨影响,导致产量下降和成本上升 [14] - 格兰妮史密斯矿表现稳定,自由现金流大幅增加 [15] - 圣艾夫斯矿受到地下矿山产量和品位下降影响,但下半年有望大幅改善 [16] - 阿格尼矿表现稳定,资本支出有所增加 [17] - 南非深井矿受到开拓和贫化影响,2024年产量指引大幅下调 [18][19][20][21] - 塔科瓦矿下半年有望通过开采高品位矿石来提升产量 [23] - 塞罗科罗纳矿受到天气和边坡滑坡影响,产量大幅下降 [24] 各个市场数据和关键指标变化 - 加纳塔科瓦和伊杜阿普里姆矿山合资项目仍在等待加纳政府批准 [7][33] - 智利萨拉雷斯北部矿山受到严冬天气影响,导致2024年产量大幅下调 [25][26][27][28] 公司战略和发展方向及行业竞争 - 公司正在实施新的两层级职能运营模式,并进行高管和董事会调整 [35] - 公司收购了Osisko Mining,全面控制了温德法尔项目,这是一个战略性和有吸引力的收购 [36][38] - 公司调整了资本配置框架,将安全可靠生产、维持投资级信用评级和派息作为首要目标 [39][40] - 公司未来将通过内部优化、勘探和适度的并购来实现现金流增长 [32][39] 管理层对经营环境和未来前景的评论 - 公司对2024年下半年和未来的恢复充满信心,特别是南非深井、塔科瓦和萨拉雷斯北部 [6][12][41] - 公司将继续推进安全改善、萨拉雷斯北部投产、塔科瓦/伊杜阿普里姆合资以及温德法尔项目整合等关键工作 [42] 其他重要信息 - 公司在加纳塔科瓦完成了一个价值1600万美元的体育场升级项目,造福当地社区 [43]
Gold Fields (GFI) - 2024 Q2 - Earnings Call Presentation
2024-08-23 23:10
1 Gold Fields H1 2024 Results Mike Fraser CEO Granny Smith, Wallaby pit Important information Forward Looking Statements This announcement contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this announcement may be forward-looking statements. Forward-looking statements may be identified by the use of words such as "aim", "anticipate", "will", "woul ...
Gold Fields (GFI) to Boost Portfolio With Osisko Mining Deal
ZACKS· 2024-08-16 00:06
Gold Fields Limited (GFI) announced that it signed a deal to acquire Osisko Mining. This move is in sync with GFI’s goal to strengthen its portfolio through investments in high-quality and long-life assets.The transaction is expected to close in the fourth quarter of 2024, subject to approvals by Osisko shareholders and others.Once the shareholders of Osisko Mining approve the deal, Gold Fields will gain complete ownership of the Windfall Project in Québec, Canada. Gold Fields and Osisko Mining  have owned ...
Trade of the Day: Gold Fields (GFI) Stock Offers a Contrarian Opportunity
Investor Place· 2024-08-14 02:44
While the precious metals complex largely enjoyed a positive session on Monday thanks to gold’s spot price rising, South African gold miner Gold Fields (NYSE:GFI) suffered the opposite trajectory: GFI stock stumbled and quite badly, losing roughly 5% of market value. Driving the sentiment downward was the company’s announced acquisition of Canada’s Osisko Mining (OTCMKTS:OBNNF) in a deal valued at $2.16 billion.Investors seem to believe that the deal is too rich for Gold Fields, which will use cash to acqui ...
Gold Fields to acquire Osisko Mining for $1.57 billion
KITCO· 2024-08-13 01:32
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc ...
Gold Fields seals multibillion-dollar deal for Osisko Mining
Proactiveinvestors NA· 2024-08-13 00:50
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
4 Under $20 Stocks to Bet on as Inflation Subsides
zacks.com· 2024-05-21 21:06
Warren Buffet once said, “You pay a very high price in the stock market for a cheery consensus.” Yet, the higher the price one pays for a stock, the lower the return one can expect. Successful investing is about buying stocks cheap and then have others agree with you. True to form, investors have always looked to buy shares at a low price and sell them high, which is the very definition of making money in the stock market. Over the past year and a half, the markets have been rebounding from the vagaries of ...
Gold Fields: Shares Surge Amid Record-High Gold Prices, Still A Value
Seeking Alpha· 2024-04-09 10:01
黄金市场 - 黄金和黄金矿业公司自2月底以来出现惊人的涨势,主要是由于全球各国央行大量购买贵金属以及对不断增长的全球债务负担的担忧,吸引投资者进入这种常常被视为避险商品的市场[1] - 黄金矿业公司参与度较高,VanEck Vectors Gold Miners ETF (GDX)自2023年4月初至2月底下跌了24%,但现在已经比去年同期高[2] Gold Fields Limited (NYSE:GFI) - 对Gold Fields Limited (NYSE:GFI)重新确认买入评级,但其估值看起来更接近合理价值。尽管对该股票的技术面越来越谨慎,但由于强劲的动能和股价仍然合理,我认为该股票今年仍将是赢家[3]
Gold Fields (GFI) - 2023 Q4 - Annual Report
2024-03-28 23:07
As filed with the Securities and Exchange Commission on 28 March 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ Form 20-F _______________________ (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURIT ...
Gold Fields (GFI) Sells Its Interest in Asanko JV to Galiano
Zacks Investment Research· 2024-03-08 23:00
Gold Fields Limited (GFI) announced the completion of the previously announced sale of its interest in the Asanko joint venture in Ghana to its joint venture partner Galiano Gold Inc. (GAU) and its subsidiaries. This move aligns with Gold Fields' broader strategy to optimize its portfolio and focus on core assets. On Dec 22, 2023, the company announced that GAU would pay another Gold Fields subsidiary, Gold Fields Orogen Holding Limited ("GF Orogen") and an affiliate an aggregate cash purchase price of $150 ...