Gold Fields LTD

Marc Faber Likes Ivanhoe (NYSE:IVN), Barrick (NYSE:ABx), Novagold (NYSE:NG), Gold Fields (NYSE: GFI), Newmont (NYSE:NEM)

Marc Faber, the contrarian investor and the real Dr. Doom of the marketplace, has been pushing the value of investing in gold for a number of years. He recently named the gold miners he likes at this time, which are Ivanhoe Mines (NYSE:IVN), Barrick Gold (NYSE:ABx), Novagold (NYSE:NG), Gold Fields (NYSE:GFI), Newmont Mining(NYSE:NEM), Gabriel Resources (TSE:GBU), Centamin Egypt (TSE:CEE) and

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Gold Fields’ (NYSE:GFI) Nick Holland Says Company Not Relying On Gold Price

The CEO of Gold Fields (NYSE:GFI), Nick Holland, said in an interview that the company isn’t going to rely on gold prices to “bail us out.” Holland added that the company is actually going to budget a lower price than the spot price is today.This isn’t to say he believes gold prices are going to fall, but that the company needs to focus on streamlining their operations, and that’s going to be the

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Gold Fields (NYSE:GFI) Gold Production at Upper End of Guidance

Although Gold Fields (NYSE:GFI) struggled some in New York today, with prices dropping $0.28, or 2.03%, the good news is their guidance for gold production for the fourth quarter is on the upper end of the estimate. Production levels should come in a 895,000 ounces, as production was 13 percent higher than it was in the third quarter. The company added that all their projects and regions were

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AngloGold Ashanti (NYSE:AU), Randgold (Nasdaq:GOLD), Gold Fields (NYSE:GFI), Harmony Gold (NYSE:HMY) Rise on Gold Prices

Like their American counterparts, gold ADRs like AngloGold Ashanti (NYSE:AU), Gold Fields (NYSE:GFI), Randgold Resources (Nasdaq:GOLD), and Harmony Gold Mining (NYSE:HMY) have performed strongly today, as gold recovers from its recent plunge and price and continues its upward climb.AngloGold continues with its nice recent run, as it was up $1.22, or 2.89 percent, as of 2:45 PM EDT, reaching

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US Gold (AMEX:UXG), Eldorado Gold (NYSE:EGO), Compania de Minas Buenaventura (NYSE:BVN), New Gold (AMEX:NGD) Continue to Surge

Since the S&P 500 hit its high on April 23, gold mining stocks have been hot, and several have soared by double-digits during that time, including US Gold (AMEX:UXG), Eldorado Gold (NYSE:EGO), Compania de Minas Buenaventura (NYSE:BVN), and New Gold (AMEX: NGD), all of which are continuing to soar today, as gold resumes its upward price movement. Using the high on April 23 and the low on June 7

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Morgan Stanley (NYSE:MS) Covering Gold Fields (NYSE:GFI) and AngloGold Ashanti (NYSE:AU)

South African-based gold miners Gold Fields (NYSE:GFI) and AngloGold Ashanti (NYSE:AU) are now being covered by Morgan Stanley (NYSE:MS), and they opened their ratings with an “Equal Weight” on Gold Fields and an “Underweight” on Anglogold Ashanti. Both gold companies were down in New York today as a slight correction took place after another recent session breaking all-time highs. Gold Fields

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Gold Fields (NYSE:GFI), AngloGold Ashanti (NYSE:AU) Continue Plunge

South African miners Gold Fields (NYSE:GFI) and AngloGold Ashanti (NYSE:AU) continued their plunge, along with the prices of gold today, as the gold correction continues, and investors put their money into what they consider safer investments.Many investors have also been taking profits from the recent soaring gold prices, as well as the shorts have been betting against it, pushing down prices

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Barrick (TSE:ABX), Gold Fields (NYSE:GFI), Newmont (NYSE:NEM.N) Increasing Brownfield Exploration

At a gold mining summit in Peru this week, heads of Barrick (NYSE:ABX) (TSE:ABX), Gold Fields (NYSE:GFI), Newmont (NYSE:NEM.N) said they’re looking to increase exploration close to their existing mines (brownfield exploration) as a way increase gold production at lower costs. There is also much less risk, as they’re in a proven find area. The reason for this, while for the reasons above, is

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Barrick (TSE:ABX), Newmont (NYSE:NEM), Gold Fields (NYSE:GFI) Expanding Mining Operations in Peru

Barrick (TSE:ABX) (NYSE:ABX), Newmont (NYSE:NEM) and Gold Fields (NYSE:GFI) all reiterated their commitment to plans to continue expanding existing projects in Peru, or to launch new mines in the South American country.Barrick Gold is looking to expand the life of their Lagunas Norte mine, by going under the oxide ore to tap into the sulphide deposits. Barrick also continues to actively explore

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Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), Harmony Gold (NYSE:HMY) and Gold Fields (NYSE:GFI) Rise with Gold Futures Prices

Gold futures continue to rise into uncharted territory, and gold mining companies are finally starting to rise with them as Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), Harmony Gold (NYSE:HMY) and Gold Fields (NYSE:GFI) all ended the session with gains.Newmont was up 51 cent, an increase of .88 percent; Gold Fields moved up 13 cents, or .95 percent; Harmony Gold rose .19 cents, or 1.86

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Barrick Gold (NYSE:ABX) Newmont Mining (NYSE:NEM) Agnico-Eagle Mines (NYSE:AEM), Gold Fields (NYSE:GFI) Jump on China, Sovereign Debt Fears

Concerns over the sovereign debt crisis and China austerity measures have gold mining companies like Barrick Gold (NYSE:ABX) Newmont Mining (NYSE:NEM) Agnico-Eagle Mines (NYSE:AEM) and Gold Fields (NYSE:GFI) jumping today, as they have been up from 4 to 5 percent today, while gold prices today are closing in on all-time records. After the euphoria over the almost $1 trillion being provided to

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Gold Fields Output Falls 12% on Maintenance, Safety

Filed in Gold, Gold Fields LTD, Gold Holdings, Gold Investing by on May 7, 2010 0 Comments

May 7 — Gold Fields Ltd. , Africa’s second- largest producer of the metal, said fiscal third-quarter output fell 12 percent because of safety stoppages and maintenance. Gold Fields Output Falls 12% on Maintenance, Safety

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