Gold Fields Ltd 2016 IR
The report highlights Gold Fields' performance in 2016, during which the company maintained attributable gold production at 2.15 million ounces and achieved cash breakeven at its South Deep mine for the first time. Gold Fields reduced its net debt by US$214 million to US$1.166 billion, achieving a net debt to adjusted EBITDA ratio of 0.95x. The company also expanded its portfolio by investing in the Damang life-of-mine extension in Ghana and acquiring a 50% interest in the Gruyere gold project in Western Australia. Additionally, Gold Fields improved its safety performance, reducing its Total Recordable Injury Frequency Rate by 33% to 2.27.
Company: Gold Fields Ltd
Sector: Materials
Country: South Africa
Year: 2016
Type: IR
Pages: 132
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Gold Fields Ltd
Integrated Annual Report
The report highlights Gold Fields' performance in 2016, during which the company maintained attributable gold production at 2.15 million ounces and achieved cash breakeven at its South Deep mine for the first time. Gold Fields reduced its net debt by US$214 million to US$1.166 billion, achieving a net debt to adjusted EBITDA ratio of 0.95x. The company also expanded its portfolio by investing in the Damang life-of-mine extension in Ghana and acquiring a 50% interest in the Gruyere gold project in Western Australia. Additionally, Gold Fields improved its safety performance, reducing its Total Recordable Injury Frequency Rate by 33% to 2.27.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees