GOLD FIELDS LTD (GFI)

Gold Fields Limited is a South African public limited company, incorporated in 1968 and headquartered in Sandton, Johannesburg, that acts as the ultimate holding company of the Gold Fields group. The group is a gold miner with operating mines on several continents. Its subsidiaries are mostly wholly owned, though not all. In 2025 its attributable production was 2,342 thousand ounces of gold, alongside copper and silver production. As at 31 December 2025 it reported attributable Proven and Probable Mineral Reserves of about 48.3 million ounces of gold, 193.1 million pounds of copper and 43.2 million ounces of silver.

Gold Fields has nine operating mines in Australia, South Africa, Ghana, Chile and Peru, plus the Windfall development project in Québec, Canada. In Australia it owns 100% of Gruyere (open pit), Granny Smith (underground), St. Ives (underground and open pit) and Agnew (underground). Gruyere was fully acquired from Gold Road Resources on 25 September 2025. South Deep in South Africa is an underground mine in which it holds 90.181%. In Ghana it holds 90% of Tarkwa (open pit) and 90% of Damang (open pit), which is to be handed back to the Government of Ghana in April 2026 under a 2025 agreement, reducing its ownership to 0%. Salares Norte in Chile (100%) is an open pit gold and silver mine. Cerro Corona in Peru (99.53%) is a gold and copper mine that is currently processing surface stockpiles only and sells concentrate. Windfall is a gold and silver underground project in the Abitibi greenstone belt, wholly owned after the October 2024 acquisition of Osisko, and it still needs environmental approval and a mining licence. Most sites process ore through mill, leach, CIL or CIP plants. Gold Fields also holds minority stakes in smaller listed mining and exploration companies, including Lunnon Metals, Founders Metals, Tesoro Gold and Mineral Resources Limited, with a combined market value of US$157.3 million at 31 December 2025.

The text does not describe customers in detail beyond Cerro Corona's concentrate sales. The markets are the mining jurisdictions in which it operates. Its operations are subject to local mineral rights regimes. Western Australian mining leases carry a 2.5% state royalty on revenue. South African mineral resources belong to the state under the MPRDA, and South Deep's mining rights run for 30 years. Ghana's royalty is moving to a sliding scale of 5–12%, though this does not yet apply to Damang or Tarkwa. Peru charges annual concession fees and monthly royalties on concentrates. Chile's Salares Norte has to meet an environmental compliance programme covering the relocation of the endangered short-tailed chinchilla.

Gold Fields operates its mines itself and leases its corporate headquarters at 150 Helen Road, Sandown, Sandton. It holds freehold title to almost all of the South Deep mining right area. The text does not name suppliers or competitors.