Gold Fields Profit Jumps on Bullion Boom and Output Recovery

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By William Clowes and Dylan Griffiths

February 20, 2025 at 5:55 AM UTC

Updated on

February 20, 2025 at 7:53 AM UTC

Gold Fields Ltd. said full-year profit surged 77% last year after the price of bullion soared, while the company started to overcome operational challenges at mines in Chile and South Africa.

Earnings climbed to $1.25 billion in 2024, the Johannesburg-based company said in a statement on Thursday. Gold Fields expects production of 2.25 million to 2.45 million ounces this year, an increase of as much as 18%.