Gold Fields Limited reported attributable gold-equivalent production of 605koz in Q3 2026, with AISC of US$1,965/oz and AIC of US$2,266/oz. AISC was 26% higher year over year, reflecting higher royalties, stronger producer-country currencies, higher input costs and lower gold sales. Net debt was US$981 million at September 30, 2026, versus US$437 million at June 30, 2026; net debt to adjusted EBITDA was 0.13x. By November 3, 2026, buybacks totaled US$854 million; programme returns, including a special dividend, were US$1.11 billion of US$1.25 billion allocated.
Gold Fields expects full-year production at the upper end of guidance of 2.4–2.6Moz; AISC and AIC guidance are US$1,800–US$2,000/oz and US$2,075–US$2,300/oz. Windfall received Québec authorisation on October 30, 2026, permitting construction subject to applicable conditions and permits. Output is expected at approximately 300,000 ounces annually once ramped up; Mineral Resources and Mineral Reserves, a construction schedule and a capital estimate are expected by February 2027.
Gold Fields signed October agreements to acquire BHP’s Kambalda concentrator, tenements and mineralisation rights, with completion expected in 2027. Its conditional, non-binding proposal to acquire 100% of Northern Star had not advanced to further discussions, and a transaction was uncertain. Tarkwa’s five leases expire in April 2027, with renewal timing, outcome and terms significantly uncertain.
Gold Fields Limited received Québec’s Certificate of Authorisation for the Windfall Project on October 30, 2026. The principal environmental authorisation provides the approval required to proceed to construction and full project development, subject to applicable conditions, commitments and regulatory requirements. It followed the Uukiimau Agreement, signed in June 2026 with Cree parties.
Gold Fields will progress the project’s Final Investment Decision, subject to Board approval, and expects to publish an updated construction schedule, development capital estimate, and Windfall Mineral Resources and Mineral Reserves by February 2027 with its 2026 provisional results. The company will also progress site remobilisation, including underground activities paused after the bulk-sample exploration permit expired at the end of August 2026; early civil works and camp construction are expected to begin shortly. Windfall is expected to produce approximately 300,000 ounces of gold annually once ramped up.
GOLD FIELDS LTD (symbol: GFI) is the issuer of record for a Form 6-K filing submitted to the SEC.
Gold Fields Limited (GFI) reported a very strong first half of 2026, with profit attributable to owners rising 81% year-on-year to US$1,854.6 million, or US$2.07 per share, for the six months ended 30 June 2026. Revenue grew 79% to US$5,936.9 million, driven by an 18% increase in gold-equivalent ounces sold to 1.269Moz and a 51% higher average realised gold price of US$4,678/oz.
Headline earnings were US$1,855 million (208 US cents per share), also up 81% year-on-year. Adjusted free cash flow jumped 134% to US$2,225.3 million, allowing net debt to fall to US$437 million and the net debt/adjusted EBITDA ratio to 0.06x. The Board declared an interim dividend of 1,625 SA cents per share, up 132% from H1 2025, with payment scheduled for 14 September 2026, and lifted the additional shareholder returns programme to US$1.25 billion, including US$300 million of share buy-backs completed and a further US$500 million allocated.
Group attributable gold-equivalent production rose 12% to 1.267Moz, led by Salares Norte, where gold-equivalent output increased 173% to 337koz as the mine reached steady state. All-in sustaining cost increased 13% to US$1,893/oz and total all-in cost 9% to US$2,125/oz, reflecting higher royalties, currencies and input costs. The company reported zero fatalities or serious injuries and maintained guidance for 2026 production at the upper end of 2.4–2.6Moz, while noting recovery risks at Gruyere and Tarkwa and ongoing uncertainty around renewal of Tarkwa’s mining leases in Ghana.
Gold Fields Limited expects a sharp improvement in H1 2026 results, with headline earnings per share of US$1.98–US$2.18 and basic EPS of US$1.97–US$2.17, up roughly 71–90% from US$1.15 a year earlier. Adjusted free cash flow before discretionary investments is guided at US$2,385m–US$2,636m, an increase of 91–111% from US$1,251m, driven by higher gold-equivalent ounces sold and stronger realised gold prices, partly offset by higher costs.
H1 2026 attributable gold-equivalent production of 1,260koz is about 12% above H1 2025, while AIC rose to US$2,120/oz and AISC to US$1,900/oz. Q2 2026 production was 630koz with AIC of US$2,200/oz and AISC of US$1,960/oz, reflecting higher royalties, costs and capital spend.
The company remains on track to meet 2026 group guidance, expecting production towards the upper end of 2.4–2.6Moz, with AISC of US$1,800–US$2,000/oz and AIC of US$2,075–US$2,300/oz, likely near the lower end. Capital expenditure is now forecast at US$1,600m–US$1,800m, below prior guidance. At the Windfall project, Gold Fields signed an Impact Benefit Agreement with Cree partners, expects EIA approval in H2 2026, and sees project capital at the upper end of US$1.7bn–US$1.9bn.
Gold Fields Ltd director MacKenzie John Fraser reported an open-market purchase of 500 Ordinary Shares. The trade took place on June 23, 2026 at an average price of $33.31 per share, with the price originally denominated at ZAR 549.97. Following this transaction, Fraser directly holds 500 shares.
Gold Fields Limited reported that its non-executive director and Chair, JF MacKenzie, bought additional shares in the company on the open market. On 23 June 2026, he acquired 500 Gold Fields ordinary shares at a price of R549.97 per share, for a total value of R274,985.00. The shares are held with a direct and beneficial interest, and the company confirmed that the required clearance to trade under JSE Listings Requirements was obtained.
Gold Fields Limited is clarifying media reports about the renewal of the Tarkwa mining leases in Ghana. Its 90%-owned subsidiary Gold Fields Ghana Limited submitted an early application in November 2025 to renew five Tarkwa mining leases that are due to expire in April 2027, in line with an April 2025 agreement with the Government of Ghana.
The company has since held several engagements with the Government of Ghana, and discussions are now focused on the terms of the lease renewals. The outcome, timing and terms remain subject to these ongoing engagements. Gold Fields states it remains committed to the Tarkwa mine and to continued operations in Ghana, and believes it is well positioned, subject to the renewal process, to keep operating and growing Tarkwa beyond its current life of mine. The company plans to provide further updates if there are material developments.
Gold Fields Ltd director Jacqueline Elizabeth McGill bought 500 American Depositary Shares in an open-market purchase at $37.70 per share. After this transaction, she directly holds 500 American Depositary Shares. Each American Depositary Share represents one ordinary share of Gold Fields Ltd.
Gold Fields Limited reported that non-executive director JE McGill acquired American Depository Receipts in the company on the open market. On 2 June 2026, McGill bought 500 ADRs at a price of US$37.7000 per security, for a total value of US$18,850.00. The interest is described as direct and beneficial, and the company confirms that the required clearance to deal in these securities was obtained under the JSE Listings Requirements.