Gold set new records with expectations high the Fed will cut rates on Sept. 17, further fueled by a weak dollar, inflation, and uncertainty from trade disputes. The yellow metal might have more room to run, according to Goldman Sachs analysts, who project gold could rise to $5,000/oz depending on Federal Reserve policy decisions. Booming gold stocks are outperforming bullion as profits rise and margins widen. During Q2, average gold prices rose 15% sequentially to $3,280/oz, while production costs edged up slightly.
Gold Fields Limited (NYSE:GFI ) Q2 2025 Earnings Conference Call August 22, 2025 9:00 AM ET Company Participants Alex T. Dall - CFO & Executive Director Chris Gratias - Executive Vice President of Strategy, Planning & Corporate Development Michael John Fraser - CEO & Executive Director Conference Call Participants Adrian Spencer Hammond - SBG Securities (Proprietary) Limited, Research Division Christopher Nicholson - Morgan Stanley, Research Division Joshua Mark Wolfson - RBC Capital Markets, Research Division Tanya M.
GFI is expected to report improved earnings in Q2 on higher volumes and prices, though costs rise as mines shift focus and ramp-ups continue.
Here is how Gold Fields (GFI) and FUCHS SE - Unsponsored ADR (FUPBY) have performed compared to their sector so far this year.
Gold Fields is well-positioned to benefit from the ongoing gold bull run, supported by macroeconomic uncertainty and de-dollarization trends. Aggressive capex spending and geographical diversification reduce risk and set the stage for future production growth and profitability. The Windfall project in Canada offers low operating costs and a decade of high-margin production, enhancing Gold Fields' competitive edge.
Gold Fields (GFI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Australia's Gold Road Resources agreed to a sweetened $2.4 billion takeover by South Africa's Gold Fields, after rejecting an earlier bid against a backdrop of surging gold prices.
Gold Fields is a geographically diversified gold producer with operations in South Africa, Australia, Chile, Peru, Ghana, and Canada. Despite a challenging first half of 2024, GFI improved in H2, with production up 26% and costs down 12%. Management's guidance suggests a 13.45% production increase in 2025 at a 3.31% lower All-In-Sustaining-Cost, supporting a conditional "Buy" rating.
Its offer is a 28% premium to Gold Road's closing share price on March 21 and gives the miner an equity value of 3.3 billion Australian dollars.
Australian miner Gold Road Resources has rejected a A$3.3 billion ($2.07 billion) buyout offer from larger peer Gold Fields , the South African firm said on Monday.
GFI gains from rising gold and silver prices, and an upbeat outlook for 2025.
Gold Fields, a major gold producer, faced a year of two halves in 2024, marked by production challenges but capped by a strong finish and a record dividend, according to CEO Mike Fraser.