Quartalsabschluß zum 30.Juni 2005 - 500 Beiträge pro Seite

[mickefett]

Man fragt sich vielleicht, warum Goldfields trotz Streikdrohung in SA steigt. Könnte dies zur Begründung reichen?

Record gold production at both Ghana and Australia for the quarter
04 August 2005
JOHANNESBURG. Gold Fields Limited (NYSE & JSE: GFI) today announced June 2005 quarter headline earnings of R135 million compared with R9 million in the March 2005 quarter and R129 million for the June quarter of 2004. In US dollar terms headline earnings for the June 2005 quarter equated to US$21 million compared with US$2 million in the March 2005 quarter and US$20 million for the June quarter of 2004. Net earnings excluding gains and losses on financial instruments and foreign debt net of cash and exceptional items were R230 million (US$37 million) for the June 2005 quarter compared to R128 million (US$21 million) in the March quarter.

June 2005 quarter salient features:

Attributable gold production maintained at 1.08 million ounces;
Total cash costs R67,773 per kilogram (US$330 per ounce);
Operating profit up 22 per cent to R656 million (US$103 million), inclusive of a 35 per cent increase at the South African operations;
Mvela interest rate swap closed-out, resulting in a net cash inflow of R264 million.

Year ended June 2005 salient features:

Attributable gold production increased 2 per cent to 4.22 million ounces;
Total cash costs R66,041 per kilogram (US$331 per ounce), a 2 per cent improvement on the previous year;
Harmony hostile bid successfully defended;
Earnings decreased from R768 million (US$111 million) to R180 million (US$29 million) year on year;
Group cash R3.4 billion, providing a strong financial platform for growth;
Offshore organic growth projects successfully completed and delivering results;
Samrec/IASA award for best reporting of Mineral Reserves for the third year in succession.

Final dividend of 40 SA cents per share, giving a total dividend of 70 SA cents per share for the year.


Ian Cockerill,
Chief Executive Officer of Gold Fields said:

“Gold Fields has delivered another solid operating performance for the June quarter 2005.

At the South African operations Driefontein and Beatrix posted good performances with gold production increasing by 2 per cent and 6 per cent respectively. Kloof had a disappointing quarter due to lower grades mined. Costs have remained well controlled and this, together with higher prices achieved, has contributed to a pleasing 35 per cent improvement in operating profit from the South African operations.

The international operations have had another excellent quarter increasing production by 4 per cent, as the benefits of the completed expansion projects were realised. Tarkwa has increased production by a further 8 per cent quarter on quarter. The completion of the new mill and the closure of the old mill at St Ives in the June quarter means that it is now well positioned to produce at lower costs. Damang and Agnew continue to deliver on the upside with Agnew increasing production by 23 per cent and Damang increasing production by 8 per cent.

While financial 2005 has been a particularly challenging one for Gold Fields given the Harmony hostile bid and the strength of the rand, I am pleased to note that Gold Fields has remained focused on delivering against its stated objectives. Group production for the year has increased by 2 per cent and costs have been well controlled with an improvement of 2 per cent year on year. At the South Africa operations production was marginally higher at 2.82 million ounces and costs were marginally lower despite wage increases at the commencement of the year that were above inflation. Cost performance has been excellent with Project 100 delivering 40 per cent above targeted savings and Project Beyond delivering R103 million of contractual savings on historic baseline expenditure in its first year. The latter savings will be realised in costs in the next financial year. Our offshore organic growth projects have been well executed on time and on budget and are now delivering results. The group cash balance remains strong at R3.4 billion, providing us with an excellent platform for future growth.

These results underpin our focus on delivering value to shareholders. Our growth strategy of adding 1.5 million ounces of offshore production to our portfolio by 2009 remains unchanged, and we continue to focus on building a strong internationally diversified portfolio of high quality, long life assets.”

Gruß Mickefett

[mogelkomm]

megatrend gold

[mickefett]

Da gibt`s auch ne neue Präsentation, die man sich als interessierter schon ansehen sollte:
http://www.goldfields.co.za/investor/presentations/2005/Denv…
Gruß Mickefett

[mickefett]

Man sollte schon öfter hinschauen: Die machen schon eine ganze Menge. Hier lassen sie die anderen schaffen, wo sie selbst schon am aufgeben waren.

Media releases
<< MEDIA RELEASES

North American Palladium and Gold Fields Announce Option/Joint Venture on the Arctic Platinum Project
18 October 2005
Toronto, Ontario — North American Palladium Ltd. (“NAP”) and Gold Fields Limited (“Gold Fields”) are pleased to announce the companies have entered into a letter of intent to form a joint venture to further explore mining properties and develop a mine at the Arctic Platinum Project (“APP”) located in Finland. APP’s location and geology are quite similar to that of NAP’s Lac des Iles mine in Northwestern Ontario and will permit NAP to utilize its operating and development experience in the design and construction of a mine at APP.

NAP will be granted an option to acquire up to a 60% undivided interest in APP including the Suhanko, SJ Reef and SK Reef mining properties and claims located south of Rovaniemi, Finland (collectively the “Project”). NAP’s option to acquire its interest in APP will vest upon NAP satisfying the following conditions on or before June 30, 2008: (i) completing a US$7.5 million re-scoping study and exploration program and US$5.0 million feasibility study; (ii) making a decision to develop a mine at the Project; and (iii) paying Gold Fields up to US$45 million through the issuance of NAP common shares. The price per share will be the weighted average trading price on the American Stock Exchange for 11 trading days commencing October 11, 2005.

During the next stage of work, NAP will manage the exploration, engineering and evaluation activity on APP. This work will be divided into two phases, Phase I: a re-scoping study and Phase II: a feasibility study. The proposed exploration program will focus on APP’s SK Reef and SJ Reef projects. The feasibility study will generate a report with sufficient engineering detail and cost estimates in order for the Project to be considered for project financing or other suitable financing alternatives.

The re-scoping study on the Project will address the following objectives:

define a combined mineable resource of 5 million ounces of 2PGE + Au at grades greater than 3.0 grams per tonne.
exploration on the SK Reef and SJ Reef mining projects to drill and examine mining claims that have the potential to satisfy the target grades, obtain sufficient data to create a new geological model that supports a combined mine plan for the Project and identify other high potential geological zones along the Archaean-Proterozoic contact.
examine various mine design options to efficiently exploit all identified APP resources and produce a marketable product in a cost-effective manner.
evaluate the metallurgy of various ore types contained within the Project and categorize as to possible processing options.

The re-scoping and feasibility studies are expected to commence in the first quarter of 2006 and take approximately 30 months to complete.

Upon NAP’s acquisition of an interest in APP, a joint venture of APP will be formed with NAP holding a 60% interest and Gold Fields holding a 40% interest. Gold Fields will have a back-in right to acquire an additional 10% interest in APP and consideration for such interest will be paid by reducing the number of NAP common shares issued to Gold Fields by 20%. NAP will remain operator of the joint venture which will be managed under a Joint Venture arrangement.

Completion of the transaction is subject to a number of conditions including among other things, negotiating and executing a formal option and joint venture agreement and receipt of all required regulatory and third party approvals and consents, including the approvals of the Toronto and American Stock Exchanges and the South African Reserve Bank.

Gold Fields is one of the world’s largest gold producers, with annual unhedged gold production of approximately 4.2 million ounces, reserves of 64.8 million ounces and mineral resources of 174.5 million ounces. Gold Fields is listed on the JSE (primary listing), NYSE, LSE, Euronext in Paris and Brussels, and on the Swiss Exchange.

--------------------------------------------------------------------------------

North American Palladium’s Lac des Iles Mine is Canada’s only primary producer of platinum group metals and is one of the largest open pit bulk mineable palladium reserves in the world. The Company also earns substantial revenue from by-product nickel, platinum, gold and copper. In addition to operating Lac des Iles, the Company’s mandate is to expand its production profile through an aggressive exploration campaign, designed to increase its exposure to base and precious metals. Palladium use in the auto industry continues to be an important component in controlling exhaust emissions as mandated by more stringent hydrocarbon emissions standards for cars, particularly in the United States, Europe and Japan. Palladium is also used in the dental, electronics, jewellery and chemical sectors.

For further information, please contact:
North American Palladium Ltd.

André J. Douchane
President & CEO
Tel: [phone]
Douglas H. Bache – Treasurer
Tel: [phone]

Krista Muhr - Manager
Investor Relations
Tel: [phone]
Gold Fields Limited

South Africa
Willie Jacobsz
Tel: [phone]
Nerina Bodasing
Tel: [phone]

North America
Cheryl A. Martin
Tel: [phone]

Forward-Looking Statements – Certain statements included in this news release are forward-looking statements which are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. They include estimates and statements that describe the NAP’s or Gold Fields’ future plans, objectives and goals, including words to the effect that the respective company or its management expects a stated condition or result to occur. When used herein, words such as “expect”, “estimate”, “will”, “objectives” and other similar expressions are intended to identify forward-looking statements. In particular statements relating to the development and construction of a mine and the exploration programs and objectives are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond control of the respective company that may cause actual results or performance to differ materially from those currently anticipated in such statements. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include among others fluctuations in grade, and geological or technical problems. For a more comprehensive review of risk factors, please refer to NAP’s most recent Annual Report under “Management’s Discussion and Analysis of Financial Results” and Annual Information Form under “Risk Factors” on file with the U.S. Securities and Exchange Commission (the “SEC”) and Canadian provincial securities regulatory authorities and Goldfields’ Annual Report on Form 20-F on file with the SEC. Each of NAP and Gold Fields disclaims any obligation to update or revise any forward-looking statements whether as a result of new information, events or otherwise. Readers are cautioned not to put undue reliance on these forward-looking statements.

Gruß Mickefett

[mickefett]

Von der folgenden Websitehttp://www.theglobeandmail.com/servlet/ArticleNews/TPStory/L… habe ich den folgenden Artikel über den Neuerwerb einer Goldmine in Venezuela durch Gold Fields. Bisher arbeiteten Gold Fields und Bolivar schon in der Exploration im Umfeld der seit August produzierenden Mine zusammen:

Gold Fields bids for BolivarMiner offers 18.6% above Friday`s closeBy DAVID PADDON

Tuesday, November 22, 2005 Page B7

Canadian Press

TORONTO -- South African mining giant Gold Fields Ltd. is offering $330-million (U.S.) cash to buy Bolivar Gold Corp., saying it`s willing to pay a premium to gain control of the Toronto company`s new Choco 10 mine in Venezuela.

Under the friendly takeover offer, which has the support of the boards of both companies, Bolivar shareholders would receive $3 (Canadian) for each common share -- an 18.6-per-cent premium above Friday`s closing price.

The news sent Bolivar`s shares up 33 cents to close at $2.86, a 13-per-cent gain from Friday`s close, as more than 31 million shares changed hands on the Toronto Stock Exchange.

Shares of Gold Fields, which already owns 11 per cent of Bolivar, also gained ground after the announcement. They closed at $15.97 (U.S.) on the New York Stock Exchange, up 48 cents from Friday`s close with 1.92 million shares exchanged.

Gold Fields chief executive officer Ian Cockerill told analysts on a conference call yesterday that he`s not concerned about recent public statements by Venezuelan President Hugo Chavez, who has suggested his government could seize some foreign-owned mining assets.

"Unfortunately, we`ve not been able to have access to the President . . . But we have spoken to a variety of people at the ministerial level in Venezuela, not to one particular ministry but to a broad range of ministries, and in effect the response we have got is support for an investment by Gold Fields."

Mr. Cockerill said he personally believes that the fact Gold Fields is based in South Africa, rather than in a northern country, is in line with Mr. Chavez`s public rhetoric.

In addition, Mr. Cockerill said the fact that Bolivar Gold developed Choco 10 into a working mine in a relatively short time fits with the Venezuelan government`s policy.

Mr. Chavez`s threats of government seizures has been directed "more to those properties that are not being exploited," Mr. Cockerill said.

"In other words, use it or lose it. And if you`re not exploiting your properties, then you will lose it."

Commercial production at the Choco 10 open-pit gold mine, in the El Callao gold district in Venezuela`s Bolivar State, began in August.

Total production for the final five months of 2005 is expected to be approximately 48,000 ounces, increasing to 90,000 ounces during 2006.

"This transaction validates Venezuela as a favourable place to do business and we are confident that Gold Fields` involvement will contribute positively to the development of its mining industry," said Bolivar CEO Serafino Iacono.

Gold Fields and Bolivar also have an existing exploration joint venture deal covering approximately 25,000 hectares in the El Callao district surrounding the Choco 10 mine.


Gruß Mickefett

[HSM]

Servus allerseits


Aus "Börse Online" - mehr aus der aktuellen Ausgabe siehe Thread: ■■■ Empfehlungen ● Der Aktionär, Börse-Online & Euro am Sonntag ■`

Gold Fields - Goldmine mit Kaufphase

Gold glänzt, und wie: Mit 492 Dollar je Feinunze stieg das Edelmetall zuletzt auf den höchsten Stand seit 18 Jahren. Gold dient zum einen als Inflationsschutz und wird zum anderen auch zunehmend zur Diversifizierung von Anlageportfolios entdeckt.

Davon wird Gold Fields aus Südafrika stark profitieren. Die solide geführte Minengesellschaft verfügt mit 64,8 Millionen Unzen über enorme Reserven. Zwar drückt der feste Rand derzeit auf die Margen - mit 396 Dollar pro Unze sind deshalb auch die Förderkosten relativ hoch.

Gold Fields ist aber einer der heißesten Übernahmekandidaten. Denn nach der jüngsten Attacke von Barrick Gold auf Placer Dome sind Konkurrenten wie Newmont Mining deutlich unter Zugzwang geraten. Ohnehin startete Harmony schon zu Beginn 2005 einen dann gescheiterten Versuch der Übernahme von Gold Fields.

[mickefett]

Gold Fields will sich wohl die gesamte Bolivar Inc. einverleiben:
http://business.iafrica.com/company/648005.htm:

COMPANIES
G`Fields to buy all Bolivar shares

Fri, 02 Dec 2005
Gold Fields will buy out all of the outstanding securities from the Canadian Bolivar Gold Corp. for R2.2-billion, the companies said on Friday.

The companies said they had executed a definitive agreement by which Gold Fields would combine all of the outstanding securities of Bolivar with its international asset portfolio.

The proposed transaction has been approved by the South African Reserve Bank and the board of directors of Bolivar.

Gold Fields is one of the world`s largest unhedged gold producers, with annual gold production of approximately 4.2 million ounces from mines in South Africa, Ghana and Australia and a developing mine at Cerro Corona in Peru.

The Company has reserves of 64.8 million ounces and mineral resources of 174.5 million ounces.

Bolivar Gold Corp. is a gold exploration, development and production company. At its 95 percent-owned Choco 10 property in Venezuela, drilling has confirmed near-surface proven and probable ore reserves of 1.3 million ounces.

The 5400 ton per day Choco 10 operation commenced commercial production in August 2005.

Bolivar Gold intends to exploit this reserve while continuing to pursue the exploration potential of the Choco 10 property, and throughout the El Callao district with Gold Fields.

Sapa

Gruß Mickefett