BRIEF-Gold Fields says Q4 normalised earnings from continuing ops rise to $14 mln

Thu, 13 Feb - 4:17pm

JOHANNESBURG, Feb 13 (Reuters) - Gold Fields Ltd GFIJ.J :

* Says normalised earnings from continuing operations for the December 2013 quarter of $14 million compared with $12 million

* Normalised earnings for the December 2013 quarter of R145 million compared with R120 million in the September 2013

* Says final dividend of 22 SA cents per share (gross) is payable on 10 March 2014

* Says gold production up 21 per cent to 598,000 equivalent attributable ounces

* Says total cash cost up marginally at US$776 per ounce and nce down 4 pct at $1,026 per ounce

* Says Yilgarn South acquisition provides 114,000 ounces at NCE of US$977 per ounce in Maiden quarter

* Impairments of $672 million (R7.0 billion) as a result of lower gold price and higher discount rates

* Attributable production for FY of 2.02 million ounces is 6 percent higher than upper end of original guidance

* Says from Q1 2014 Gold Fields will exclusively report costs in accordance with new World Gold Council definition

((Johannesburg Newsroom; +27 11 775 3155))

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URN: 
urn:newsml:reuters.com:20140213:nWEB00IAS:12
Topics: 
ZA RES CMPNY COM PREC MINE BLR EMRG METL LEN RTRS PREMTL BACT MIN AFR GDM RESF BMAT AFE GOL MTAL

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