Gold Fields CEO looking at ways to replace depleting mines as peak output draws near
Gold Fields’ new CEO Chris Griffith is looking at ways to replace depleting mines as output is projected to peak in three years time, says Bloomberg.
Gold Fields’ new CEO Chris Griffith is looking at ways to replace depleting mines as output is projected to peak in three years time, says Bloomberg.
Gold miners are widening their investment appeal as near-record bullion prices boost profits and dividends, according to Gold Fields CEO.
As many industries face losses, gold seems to be the exception. Gold Fields has announced its results, more than doubling 2019’s profits.
Automation and tech can help boost SA’s gold production levels, especially as the country still has the third largest reserves in the world, say experts.
Nico Muller will be leaving Gold Fields to take up the position of chief executive officer of Impala Platinum on April 3 2017.
Gold Fields fell the most on record after saying production for 2016 will decline and leave the company relying on its South Deep operation.
Gold producers must revolutionize their mining methods, become more tech-savvy and increase the use of automated machinery, says Gold Fields CEO Nick Holland.
Shares in Gold Fields booked their biggest daily fall in seven years on Thursday after the South African bullion producer swung to a quarterly loss.
Bullion producer Gold Fields is on the prowl for new mines, despite a sinking gold price and delays in its flagship South African mine.
Gold Fields Ltd., a South African miner starting biennial wage talks with workers next month, gave its directors and top executives a 21 percent pay increase in 2014.