Gold Fields faces restructuring after losses and impairment charge
Gold Fields (NYSE: GFI) has posted an impairment charge of US$359 million in the first half of the year at its troubled South Deep mine in South Africa, which has…
Gold Fields
Gold Fields bets big on South America
Since finding Salares Norte in the Atacama region of northern Chile in 2011, Gold Fields (NYSE: GFI) has carved out a resource from the project’s two orebodies of 3.66 million…
US markets fall, March 19-23
Gold rose 2.5% to close at US$1,346.8 during a poor week for U.S. markets. The Philadelphia Gold and Silver Index rose 3.5% to 81.5, the Dow Jones Industrial Average fell…
US equity indexes move higher, Jan. 22-26
The Dow Jones Industrial Average advanced 2.09% to 26,616.71 and the S&P 500 Index gained 2.23% to 2,872.87. The Philadelphia Gold & Silver Index jumped 2.66% to 90.31 on the…
Paulson & Co. aim to stop ‘serial value destruction’
An analysis of 13 of the largest publicly listed gold companies shows that total shareholder returns have been “dreadful” since 2010 and management must be made accountable, Marcelo Kim, a…