
[miningmx.com] – GOLD Fields was on course for achieve production of 2.2 million ounces for its 2014 financial year which it would produce at an all-in cost of $1,150/oz, the gold producer said in a trading update today.
June quarter gold production would be about 547,000 ounces which it would produce at an AIC of $1,095/oz. “With these results Gold Fields remains on track to achieve
its guidance for the full-year 2014,” the company said.
The gold price has traded in a range of $1,330/oz and $1,240/oz during the months of April, May and June.