Gold Fields Profit Increases 15% as Global Economic Concerns Boost Prices

Precious Metals

Bloomberg reported that Gold Fields (NYSE:GFI) is enjoying higher profits on increased production and rising gold prices.

Bloomberg reported that Gold Fields (NYSE:GFI) is enjoying higher profits on increased production and rising gold prices.

The market news is quoted as saying:

The shares advanced as much as 3.8 percent to the highest levels since May 3. Profit excluding one-time items rose to 1.33 billion rand ($183 million), or 1.84 rand a share, from 1.15 billion rand in the first quarter, or 1.60 rand, the company said in a statement today.

To read the full market news, click here.

nyse:gfi Gold Investing

Featured

MARKETS

Markets
TSX	20762.00	-359.06
TSXV	814.43	-4.00
DOW	32977.21	-939.18
S&P 500	4131.93	-155.57
NASD	12334.64	-536.89
ASX	7435.00	+78.10

COMMODITIES

Commodities
Gold	1897.63	+0.87
Silver	22.77	+0.02
Copper	4.40	-0.01
Palladium	2324.00	+16.00
Platinum	940.50	+4.00
Oil	104.67	-0.02
Heating Oil	4.01	-0.01
Natural Gas	7.44	+0.20

DOWNLOAD FREE REPORTS

Browse more resource reports ≫

Browse more technology reports ≫

Browse more life science reports ≫

BROWSE COMPANIES BY SECTOR