Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Gold Fields Limited logo

Gold Fields Limited

GFILarge CapGold

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About Gold Fields Limited

Gold Fields Limited (GFI) is a gold mining company. Our project database tracks 17 projects for Gold Fields Limited with technical and economic data extracted from company filings. Its flagship Salares Norte (Pre-Feasibility) carries an after-tax NPV of $1.47B over a 11-year mine life.

Overview

Gold Fields Limited is one of the world's largest gold producers with operating mines in South Africa, Ghana, Australia, and Peru. With a 135-year history, the company is listed on the Johannesburg Stock Exchange and has a proven track record of operational excellence, project development, and value creation. Gold Fields maintains one of the industry's strongest production profiles.

Operations

Gold Fields operates the South Deep mine in South Africa (one of the world's largest gold deposits), Tarkwa and Damang mines in Ghana, St Ives, Agnew, and Granny Smith mines in Australia, and Cerro Corona mine in Peru. The company produces approximately 2.3 million ounces of gold annually. The portfolio provides geographic diversification across established mining jurisdictions.

Strategy

The company's strategy emphasizes safe and responsible operations, improving margins through cost management and productivity improvements, growing production through brownfield expansions and targeted acquisitions, maintaining a strong balance sheet, and delivering sustainable returns to shareholders. Gold Fields focuses on Tier 1 mining jurisdictions with long mine life potential.

Key Projects

Major projects include the Salares Norte gold-silver project in Chile (construction complete, commissioning underway), Asanko gold mine in Ghana (joint venture, evaluating expansion), South Deep optimization programs to unlock the full potential of this world-class orebody, and ongoing exploration across the portfolio including significant potential at Gruyere JV in Australia.

Primary Commodities

GoldCopper

Project Economics

Tarkwa Gold Mine

Gold· South-western Ghana, West Africa (about 300 km by road west of Accra)· Production
Production
Mar 2026
Mine Life17 yrs
Mine TypeOpen-pit
Ownership90%
Contained Metal6,617 koz Au
Mineral Reserves
Total Tarkwa Mineral Reserves: 216,212 kt at 1.0 g/t Au for 6,617 koz Au (cut-off 0.29-0.41 g/t Au, recovery 83.0-93.0%)
Mineral Resources
Total Measured + Indicated Mineral Resources (exclusive of reserves): 60,104 kt at 1.3 g/t Au for 2,426 koz Au; Total Inferred: 14,490 kt at 1.6 g/t Au for 735 koz Au
Royalties / Streams
Statutory royalty under Development Agreement with Government of Ghana; 4% applied based on average gold price for LOM mineral reserve period. Proposed legislation to increase gold royalty from 3-5% to 5-12% (not applicable to Tarkwa until after April 2027). No other third-party royalty or similar interests.

St Ives Gold Mine

Gold· Australia – Western Australia (approx. 80 km south-southeast of Kalgoorlie-Boulder)· Production
Production
Mar 2025
NPV (Pre-Tax)$221M
Mine Life9 yrs
Head Grade3.6 g/t gold (total mineral reserves)
Mine TypeOpen-pit & Underground
Ownership100%
Contained Metal3,347 koz Au
Mineral Reserves
Total St Ives Mineral reserves: 28,964 kt at 3.6 g/t gold for 3,347 koz gold (Proven 5,736 kt at 2.4 g/t for 434 koz; Probable 23,228 kt at 3.9 g/t for 2,913 koz)
Mineral Resources
Total St Ives Mineral resources (exclusive of reserves): Measured + Indicated 11,953 kt at 2.7 g/t for 1,033 koz; Inferred 11,835 kt at 4.5 g/t for 1,703 koz
Royalties / Streams
Western Australian Government ad valorem royalty of 2.5% for gold; third party royalties payable of 0.9%

South Deep Gold Mine

Gold· South Africa, Gauteng Province (Westonaria/Vanderbijlpark district, ~45 km southwest of Johannesburg)· Production
Feasibility
Mar 2025
NPV (After-Tax) @ 10.8%$139M
Mine Life85 yrs
Annual Production11 t Au
Head Grade5.0 g/t Au (total mineral reserves)
Recovery96.5%
Mine TypeUnderground (bulk mechanised, long-hole stoping with paste fill, destress mining)
Ownership90.2%
Contained Metal27,998 koz Au (mineral reserves, P&P)
Mineral Reserves
Total South Deep mineral reserves: 175,173 kt at 5.0 g/t Au for 27,998 koz Au; Proven 9,228 kt at 5.8 g/t Au for 1,714 koz Au; Probable 165,945 kt at 4.9 g/t Au for 26,284 koz Au
Mineral Resources
Total measured + indicated mineral resources (exclusive of reserves): 130,600 kt at 4.5 g/t Au for 19,046 koz Au; Total inferred: 20,363 kt at 9.1 g/t Au for 5,958 koz Au
Royalties / Streams
Governmental royalty under South African Mineral and Petroleum Resources Royalty Act; maximum % royalty for refined product is 5%, unrefined 7%; royalty = gross sales value x formula percentage; operating and capital expenditure deductible for EBIT determination.

Salares Norte

Gold· Atacama Region (Region III), Chile· Production
Pre-Feasibility
Mar 2025
NPV (After-Tax) @ 8.7%$1.47B
Mine Life11 yrs
Mine TypeOpen-pit
Ownership100%
Contained Metal3,415 koz Au
Mineral Reserves
Total Salares Norte Mineral reserves: 19,821 kt at 5.4 g/t Au (3,415 koz Au) and 72.21 g/t Ag (46,013 koz Ag)
Mineral Resources
OP measured + indicated mineral resources: 2,892 kt at 2.3 g/t Au (216 koz Au) and 30.5 g/t Ag (2,832 koz Ag); OP inferred: 210 kt at 1.5 g/t Au (10 koz Au) and 8.3 g/t Ag (56 koz Ag)
Royalties / Streams
2% NSR royalty to Franco-Nevada on Rio Baker 1, 2 and 3 mining concessions (MGFSN may purchase one quarter for $4 million); NSR royalty on Salares Norte with right to purchase one half for $6 million within two years of commercial production

Cerro Corona Copper and Gold Mine

Copper and Gold· Peru (approximately 600 km north-northwest of Lima; ~80 km north of Cajamarca)· Production
Feasibility
Mar 2024
Annual Production6.5 Mt/a (flotation process plant throughput)
Mine TypeOpen-pit
Ownership99.5%

Cerro Corona

Copper and Gold· Peru (Cajamarca department)· Production
Resource Estimate
Dec 2023
Ownership99.5%

Cerro Corona (processing plant)

Copper and Gold· Peru (Cajamarca)· Production
Production
Dec 2023
Mine TypeOpen-pit

Gruyere Gold Mine

Gold· Australia, Western Australia· Production
Production
Dec 2021
Mine TypeOpen-pit
Ownership50%

Salares Norte (Brecha Principal & Agua Amarga)

Gold· Atacama Region, northern Chile· Construction
Feasibility
Dec 2021
AISC560 USD/gold-equivalent oz
Mine Life11 yrs
Annual Production414 koz Au (average annual for first seven years)
Mine TypeOpen-pit
Mineral Reserves
3.5 Moz gold and 39 Moz silver (Feasibility Study completed March 2019)

Agnew Gold Mine

Gold· Western Australia, Australia· Production
Production
Dec 2021
Mine TypeOpen-pit & Underground
Ownership100%

Granny Smith Gold Mine (Wallaby)

Gold· Western Australia, Australia· Production
Production
Dec 2021
Mine TypeUnderground
Ownership100%

Granny Smith Gold Mine

Gold· Western Australia, Australia· Production
Production
Dec 2021
Mine TypeUnderground
Ownership100%

Damang Gold Mine

Gold· Ghana· Production
Resource Estimate
Dec 2021
Ownership90%

Brecha Principal (BP)

Gold· Atacama Region, northern Chile· Construction
Feasibility
Dec 2021

Agua Amarga (AA)

Gold· Atacama Region, northern Chile· Construction
Feasibility
Dec 2021

St Ives - Mineral Reserve

Gold· Australia· Production
Resource Estimate
Dec 2021

St Ives - Mineral Resource

Gold· Australia· Production
Resource Estimate
Dec 2021

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

How the Economics Evolved

St Ives Gold Mine

21 studies on record
Production
Dec 2024
Capex $271M
Production
Dec 2024
$221M
Capex $271M
Production
Mar 2025
$221M
Capex $271M
Feasibility
Mar 2025
$221M
Capex $271M
Production
Mar 2025
$221M
Capex $271M
Production
Mar 2025
Capex $271M
Production
Mar 2025
Capex $271M
Production
Mar 2025
$221M
Capex $271M
Production
Mar 2025
$221M
Production
Mar 2025
$221M
Production
Mar 2025
$221M
Production
Mar 2025
$221M
Capex $271M
Production
Mar 2025
$221M
Capex $271M
Production
Mar 2025
$221M
Feasibility
Mar 2025
$221M
Production
Mar 2025
$221M
Production
Mar 2025
$221M
Production
Mar 2025
$221M
Production
Mar 2025
$221M
Production
Mar 2025
Capex $271M
Production
Mar 2025
$221M
Capex $271M

South Deep Gold Mine

24 studies on record
Feasibility
Dec 2024
$139M
Production
Dec 2024
$139M
Feasibility
Dec 2024
$139M
Feasibility
Dec 2024
$139M
Production
Dec 2024
$139M
Production
Dec 2024
$139M
Feasibility
Mar 2025
$139M
Production
Mar 2025
$139M
Feasibility
Mar 2025
$139M
Capex $121M
Feasibility
Mar 2025
$139M
Capex $121M
Feasibility
Mar 2025
$139M
Production
Mar 2025
$139M
Production
Mar 2025
$139M
Feasibility
Mar 2025
$139M
Production
Mar 2025
$139M
Production
Mar 2025
$139M
Production
Mar 2025
$139M
Production
Mar 2025
$139M
Capex $121M
Feasibility
Mar 2025
$139M
Production
Mar 2025
$139M
Production
Mar 2025
$139M
Production
Mar 2025
$139M
Feasibility
Mar 2025
$139M
Capex $121M
Production
Mar 2025
$139M

Salares Norte Gold Mine

23 studies on record
Pre-Feasibility
Dec 2024
$1.47B
Pre-Feasibility
Dec 2024
$1.47B
Pre-Feasibility
Dec 2024
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Pre-Feasibility
Mar 2025
$1.47B
Feasibility
Mar 2025
$1.47B
Capex $155M
Pre-Feasibility
Mar 2025
$1.47B
Capex $121M

Tarkwa Gold Mine

22 studies on record
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Resource Estimate
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Resource Estimate
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M
Production
Mar 2026
$226M

Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.

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Financial Metrics

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Frequently Asked Questions

What does Gold Fields Limited mine?
Gold Fields Limited is focused on Gold, Copper.
What is the economic value of Gold Fields Limited's Salares Norte?
According to its Pre-Feasibility, Salares Norte has an after-tax NPV of $1.47B.
How many projects does Gold Fields Limited have?
We track 17 projects with extracted technical and economic data for Gold Fields Limited.

Project Analysis

ANALYSISGOLDPFS

Salares Norte Gold Mine PFS: $1.47B NPV Over a 11-Year Mine Life

Gold Fields Limited's Salares Norte Gold Mine in Atacama Region (Region III), Chile has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $1.47B. The proposed mine plan runs 11 years.

Gold Fields LimitedOct 5, 2026
ANALYSISGOLDFEASIBILITY STUDY

South Deep Gold Mine Feasibility Study: $139M NPV Over a 85-Year Mine Life

Gold Fields Limited's South Deep Gold Mine in South Africa, Gauteng Province (Westonaria/Vanderbijlpark district, ~45 km southwest of Johannesburg) has a Feasibility Study outlining an after-tax NPV of $139M. The mine plan runs 85 years at about 11 t Au per year.

Gold Fields LimitedJul 31, 2026
ANALYSISGOLDPRODUCTION UPDATE

St Ives Gold Mine Production Update: $221M NPV Over a 9-Year Mine Life

Gold Fields Limited's St Ives Gold Mine in Australia – Western Australia (approx. 80 km south-southeast of Kalgoorlie-Boulder) has a production guidance outlining a pre-tax NPV of $221M. The proposed mine plan runs 9 years.

Gold Fields LimitedJul 31, 2026
ANALYSISGOLDPFS

Salares Norte PFS: $1.47B NPV Over a 11-Year Mine Life

Gold Fields Limited's Salares Norte in Atacama Region (Region III), Chile has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $1.47B. The proposed mine plan runs 11 years.

Gold Fields LimitedJul 31, 2026
ANALYSISGOLDPRODUCTION UPDATE

Tarkwa Gold Mine Production Update: $226M NPV Over a 17-Year Mine Life

Gold Fields Limited's Tarkwa Gold Mine in South-western Ghana, West Africa (approximately 300 km by road west of Accra) has a production guidance outlining a pre-tax NPV of $226M. The proposed mine plan runs 17 years.

Gold Fields LimitedJul 31, 2026

Press Releases

PRESS RELEASE

Montero Defines Initial First-Pass Drill Program at the Elvira Gold Project, Chile

Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce that it has finalized the initial first-pass drill program at its Elvira Gold Project in Chile (see Figure 1).Figure 1: Elvira Project location and geological setting. Left: regional location map showing Elvira within the Maricunga Belt of northern Chile. Right: Elvira concession boundary and simplified geological map

Yahoo Finance5/26/2026
PRESS RELEASE

Gold Fields (GFI) Is One Of The Best Extremely Profitable Stocks To Buy According To Wall Street

With a net income margin of 41.60% and upside potential of 48.00%, Gold Fields Limited (NYSE:GFI) ranks among the best extremely profitable stocks to buy according to Wall Street analysts. The company reported net income of $3.57 billion for the recently completed fiscal year (FY25). Gold Fields Limited (NYSE:GFI) is currently navigating cost pressures; still, […]

Yahoo Finance5/21/2026
PRESS RELEASE

Bullish Gold Fields Insiders Loaded Up On US$105.6m Of Stock

In the last year, multiple insiders have substantially increased their holdings of Gold Fields Limited ( JSE:GFI...

Yahoo Finance5/19/2026
PRESS RELEASE

Gold Fields Q1 Earnings Call Highlights

Gold Fields (NYSE:GFI) reported a “solid start” to 2026, with Chief Executive Officer Mike Fraser saying the miner remains on track to meet its full-year production and cost guidance despite operational disruptions at several mines and rising input-cost pressures. On the company’s Q1 2026 operating

Yahoo Finance5/10/2026
PRESS RELEASE

Canaccord Upgrades Gold Fields (GFI) to Buy and Raises PT to $57.25

Gold Fields Limited (NYSE:GFI) is one of the 15 Best Precious Metal Stocks to Buy According to Wall Street Analysts. On April 24, 2026, Gold Fields Limited (NYSE:GFI) was upgraded to Buy from Hold by Canaccord, which also raised its price target to $57.25 from $40.25 previously. The firm increased its gold price forecasts by […]

Yahoo Finance4/29/2026
PRESS RELEASE

Morgan Stanley Upgrades Gold Fields (GFI) to Equal Weight

Gold Fields Limited (NYSE:GFI) is one of the 10 Best Gold Stocks to Buy for the Long Term. On April 15, 2026, Morgan Stanley upgraded Gold Fields Limited (NYSE:GFI) to Equal Weight from Underweight and raised its price target to ZAR 77,000 from ZAR 68,000. The firm said it is increasing earnings estimates and price […]

Yahoo Finance4/24/2026
PRESS RELEASE

There May Be Underlying Issues With The Quality Of Gold Fields' (JSE:GFI) Earnings

Gold Fields Limited's ( JSE:GFI ) stock was strong after they recently reported robust earnings. However, our analysis...

Yahoo Finance4/7/2026
PRESS RELEASE

GOLD FIELDS NETHERLANDS SERVICES B.V. ANNOUNCES ACQUISITION OF ADDITIONAL SHARES OF FOUNDERS METALS INC.

Gold Fields Netherlands Services B.V., a wholly owned indirect subsidiary of Gold Fields Ltd ("Gold Fields"), announces that it has acquired 2,441,686 common shares ("Founders Shares") of Founders Metals Inc. ("Founders") on April 6, 2026. A total of 2,441,600 Founders Shares were purchased at a price of C$4.15 per share for a total purchase price of C$10,132,640.00, while an additional 86 Founders Shares were purchased at a price of C$4.00 per share for a total of C$344.00. Following the comple

Yahoo Finance4/6/2026
PRESS RELEASE

Can DRDGOLD Sustain Output Amid Operational Headwinds?

DRDGOLD reports H1 FY26 gold output decline as weather and lower grades weigh on gold production across its key operations.

Yahoo Finance3/30/2026
PRESS RELEASE

DRD or GFI: Which Gold Stock Could Deliver Better Gains Today?

DRD H1 FY'26 output dips 9% as gold price surges 43%, boosting cash, while GFI posts 6% Q4 growth, strong pricing and expansion pipeline.

Yahoo Finance3/30/2026

Quick Facts

Ticker Symbol
GFI
Market Cap
Large Cap
Category
Gold
Commodities
Gold, Copper
Headquarters
Johannesburg, South Africa
Founded
1887
Employees
~17,000

Operating Countries

South AfricaGhanaAustraliaPeruChile

Producing Assets

  • •South Deep (South Africa)
  • •Tarkwa (Ghana)
  • •Damang (Ghana)
  • •St Ives (Australia)
  • •Agnew (Australia)
  • •Granny Smith (Australia)
  • •Cerro Corona (Peru)

Development Assets

  • •Salares Norte (Chile)
  • •Asanko (Ghana)

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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