Goldfields earnings dip in Q4 2014

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Bullion producer Gold Fields reported a decline in fourth quarter earnings of 2014 on the back of softer global gold prices.

GoldfieldsNormalized earnings per share dropped to 2 US cents per share in the three months to end-December, 2014 compared to 3 US cents in the previous quarter.
Bullion producer Gold Fields reported a decline in fourth quarter earnings of 2014 on the back of softer global gold prices.

Normalized earnings per share dropped to 2 US cents per share in the three months to end-December, 2014 compared to 3 US cents in the previous quarter.
Normalized earnings per share dropped to 2 U.S cents per share in the three months to end-December, compared to 3 U.S cents in the previous quarter.

Gold Fields produced 556,000 ounces of gold in the period, down from 559,000 ounces in the quarter ended September.

Holland said costs during the whole of 2014 down 30 percent from the previous year due to the company?s money saving initiatives.

source citifmonline

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