$GFI

Gold Fields said its Salares Norte mine in Chile is outperforming and could lift 2026 output to up to 2.6 million ounces, offsetting issues in Ghana and Australia. The company flagged production risks at Gruyere and potential risk at Tarkwa. It also warned Windfall Canada capex may be at the high end of $1.7bn-$1.9bn and permitting is incomplete. Interim FCF before discretionary expenses is forecast $2.39bn-$2.64bn and headline interim EPS $1.98-$2.18.

Shoprite Holdings said it expects HEPS from continuing operations to rise up to 14.7% for the 12 months to end-June. It reported Sixty60 revenue up 35% to R25.5bn and Checkers/Hyper sales up 10%. Impala Platinum forecast profit up to 3,300%, with HEps between R21.8bn and R23.8bn. Gold Fields forecast 1H HEPS up 72% to 90% to $1.98-$2.18.

Gold Fields (GFI) said it expects first-half headline earnings to rise 72% to 90% year over year to $1.98 to $2.18 per share. The company attributed the increase to higher sales volumes and stronger realized gold prices, partly offset by other factors. Shares rose 1.9% on Wednesday.

Gold Fields (GFI) said its Salares Norte mine in Chile is expected to exceed full-year guidance and help lift group production toward the upper end of 2.4 million to 2.6 million oz for 2026. It cited weaker expected output at Gruyere (Australia) and Tarkwa (Ghana), plus regional winter disruptions. Net debt fell 34% to $1.3B at March 31.

Gold Fields said first-half earnings (HEPS) are expected to rise 72% to 90% year-on-year to $1.98bn-$2.18bn, helped by higher gold production and a stronger realised gold price. Adjusted free cash flow before discretionary investments is forecast at $2.39bn-$2.64bn. It kept 2026 production guidance, though Gruyere and Tarkwa face risks. Capex guidance cut to $1.6bn-$1.8bn.

Gold Fields said its Salares Norte mine in Chile continues to outperform and could lift 2026 output to 2.6 million ounces. It flagged production risks at Gruyere in Australia and potential issues at Tarkwa in Ghana. For Canada’s Windrush project, capex may be at the high end of $1.7bn to $1.9bn, with permitting incomplete. Interim free cash flow is $2.39bn to $2.64bn and headline EPS $1.98 to $2.18.

Gold Fields (GFI) issued a trading statement for the six months ended 30 June 2026. It expects H1 2026 HEPS of US$1.98 to US$2.18 (up 72% to 90% y/y) and adjusted free cash flow before discretionary investments of US$2,385m to US$2,636m. Q2 AIC is forecast at US$2,200/oz and AISC at US$1,960/oz. The company reiterated 2026 production and cost guidance and updated Windfall project EIA timing to H2 2026.

Gold stocks led gains on South Africa’s JSE as bullion hit a seven-week high. Gold rose 2.4% to $4,341.94/oz on Friday and was up 7.4% for the week. AngloGold Ashanti (+9.7%), Gold Fields (+8.8%), Harmony Gold (+7.3%) and Sibanye-Stillwater (+6.9%) climbed. The move was driven by central bank demand and expectations of lower US rates after weaker US nonfarm payrolls.

Investing.com reports gold futures rebounded to $4,320.42 (+0.35% intraday, +3.84% this week) after a floor near $4,000, lifting gold miners 7% to 10% on Wednesday. It cites technical levels for gold and highlights Q2 cash flow and balance-sheet updates for Newmont (record Q2 FCF $2.2B), Agnico Eagle (record Q2 FCF $1.3B), and Kinross (record cash $2.7B).

Gold mining shares fell as spot gold eased 0.5% to $4,007.61/oz, pressured by a stronger U.S. dollar and higher Treasury yields. Investors awaited the Federal Reserve’s rate decision and Chair Kevin Warsh’s comments. Newmont fell 1.5% and Barrick 2.7%, while Gold Fields, AngloGold Ashanti, Harmony Gold, Agnico Eagle, and Kinross also declined.