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Gold Fields: South Deep Restructuring and Trading Statement
Aug. 14, 2018 09:07AM PST
Precious Metals InvestingGold Fields announces a restructuring at its South Deep operation and provides a further trading statement relating to its H1 2018 results, due for release on Thursday, 16 August 2018.
Gold Fields (JSE:GFI) (NYSE:GFI) announces a restructuring at its South Deep operation and provides a further trading statement relating to its H1 2018 results, due for release on Thursday, 16 August 2018.
As quoted in the press release:
South Deep has had a number of operational challenges since Gold Fields acquired it in 2006. The key challenge has been the difficulty in transitioning the mine from one run with a conventional mining mindset and practices to mining with a modern, bulk, mechanized mining approach.
