Gold Fields output up

JOHANNESBURG — Despite facing various global challenges, JSE-listed gold miner Gold Fields achieved a 7% year-on-year increase in attributable equivalent gold production for the quarter ended March 31. While the 580 000 oz of gold produced in the quarter was 8% lower quarter-on-quarter, Gold Fields said it remained on track to achieve its full-year production guidance. The South Deep mine, in South Africa, produced 78 000 oz of gold in the rst quarter — a 31% year-on-year increase. Production at Gold Fields’ Ghana mines, however, decreased by 5% year-on-year to 210 000 oz.