Gold Fields has seen its profit rise by over 200% in the first half of 2025 as the group benefits from a sky-high gold price. <\/p>\n\n\n\n
Speaking in the group\u2019s interim results for the first half of 2025, CEO Mike Fraser said that the group delivered a strong performance, with momentum from the second half of 2024 continuing. <\/p>\n\n\n\n
The group\u2019s attributable production rose 24% to 1,136koz and is on track to meet guidance for the year. <\/p>\n\n\n\n
Notably, throughput at Salares Norte in Chile has increased, supported by winterisation measures that enabled the processing plant to operate through the early winter period. <\/p>\n\n\n\n
The mine is also on track to achieve commercial production levels during Q3 2025 and steady state throughput in Q4 2025 as planned.<\/p>\n\n\n\n
The improved operational performance, coupled with the higher gold price, resulted in a strong financial performance in H1 2025.<\/p>\n\n\n\n
Gold prices have reached record highs recently amid increased investor uncertainty, with many drawn to the safe-haven asset amid global tariff chaos.<\/p>\n\n\n\n
The group generated adjusted free cash flow of US$952 million compared to an outflow of US$58 million in H1 2024. <\/p>\n\n\n\n
Profit attributable to owners of the parent, also known as net income, increased by 220% from US$320.7 million to US$1,027.3 million. At current exchange rates, profit stands at around R18 billion. <\/p>\n\n\n\n
As per its dividend policy of paying a base dividend of between 30% to 45% of normalised earnings, the group has upped its interim dividend by 133% to 700 cents. <\/p>\n\n\n\n Gold Fields has been bouyed by a rise in the gold price, with the group’s profit rising over 200%.<\/p>\n","protected":false},"author":10,"featured_media":814077,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6698],"class_list":["post-835748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-gold-fields"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/835748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=835748"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/835748\/revisions"}],"predecessor-version":[{"id":835756,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/835748\/revisions\/835756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/814077"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=835748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=835748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=835748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Gold Fields Financials<\/th> Six months ended June 2025<\/th> Six months ended June 2024<\/th><\/tr><\/thead> Revenue (US$m)<\/td> 3,089<\/td> 2,211<\/td><\/tr> Adjusted free cash flow (US$m)<\/td> 951.7<\/td> (57.8)<\/td><\/tr> Profit attributable to owners of the parent (US$m)<\/td> 1,026.7<\/td> 389.0<\/td><\/tr> Profit per share attributable to owners of the parent (US c.p.s.)<\/td> 115<\/td> 43<\/td><\/tr> Headline earnings attributable to owners of the parent (US$m)<\/td> 1,027.3<\/td> 320.7<\/td><\/tr> Headline earnings per share attributable to owners of the parent (US c.p.s.)<\/td> 115<\/td> 36<\/td><\/tr> Normalised profit attributable to owners of the parent (US$m)<\/td> 998.2<\/td> 355.2<\/td><\/tr> Normalised profit per share attributable to owners of the parent (US c.p.s.)<\/td> 112<\/td> 40<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"