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Gold Fields Q1 production up 10%

With a recovery in production at its South Deep mine after a six-week strike.

Gold Fields said on Thursday its quarterly bullion production increased by 10% with a recovery in production at its South Deep mine after a six-week strike.

Gold production for the quarter ended March 31 rose to 542 000 from 490 000 ounces a year earlier.

“Gold Fields is now well placed to maintain a production profile of approximately 2 million ounces a year at our international operations in Australia, Ghana and the Americas over the medium to long term,” chief executive officer Nick Holland said in a statement. 

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