Strong gold price benefiting Gold Fields amid advances in Chile, Canada, Australia
The benefit of the strong gold price is playing out for Gold Fields, which is generating sturdy cash and deleveraging the balance sheet, the first-quarter’s $335-million dividend payout notwithstanding. The Johannesburg Stock Exchange-listed gold mining company is focused on the ramping up of the Salares Norte gold project in the Atacama region of northern Chile.
The benefit of the strong gold price is playing out for Gold Fields, which is generating sturdy cash and deleveraging the balance sheet, the first-quarter’s $335-million dividend payout notwithstanding. The Johannesburg Stock Exchange-listed gold mining company is focused on the ramping up of the Salares Norte gold project in the Atacama region of northern Chile.
