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Gold Fields ADR Representing 1 Ord Shs GFI

Gold Fields Limited (Gold Fields) is a South Africa-based globally diversified gold producer with approximately eight operating mines in Australia, Peru, South Africa and Ghana and two projects in Canada and Chile. The Company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It has a total attributable annual gold-equivalent production of approximately 2.40 million ounces (Moz), gold mineral reserves of 46.1 Moz and gold mineral resources of 42.3 Moz (excluding mineral resources). In Peru, the Company also produces copper. Its economic interest in the South Deep mine in South Africa is approximately 96.43%. The Company also owns 100% of the St Ives, Agnew, Granny Smith mines and around 50% of the Gruyere gold mine in Australia, and 90.0% of the Tarkwa and Damang mines in Ghana. It owns approximately 99.5% of the Cerro Corona mine in Peru.


NYSE:GFI - Post by User

Post by AlexHorsleyon Mar 23, 2023 5:37pm
133 Views
Post# 35357446

Do you want exposure to gold ? Duhh

Do you want exposure to gold ? DuhhEmperor Metals - AUOZ.CSE is an intriguing oppportunity. Its part of the Metals Group of companies that has a great reputation. Emperor Metals has rougly 48 M shares issued and oustanding and are fully funded to start drilling 10,000 metres into their new Flagship project Duquesne West Gold Project. It has a 2011 NI 43-101 Historical Resource of 727,000 Oz of AU at 5.42 g/t and an average thickness of 5.71 metres, this is high-grade and good thick stopes that can make the economics robust and quick pay backs.  It is only trading at a $7M CAD market cap. The deposithas great exploration growth potential comparing this project to other anologes of deposits along this prolfific Porcupline Destor Fault with 200 m oz Au discovered whichthis project lies on.  With what gold is doing and what this group has done in the past with multiple exits above $500 M CAD, this has all the ingredients to be a winner. Managment , structure, advancing high-grade gold deposit with good stope optmization with bluesky potential in a tier 1 mining jurisdiciton of Rouyn-Noranda, Quebec. I am obviously very biased as I am shareholder and Director but anyone who knows anything about exploration/development mining that reads all my points will understand this definetly worth looking into .  www.emperormetals.com - AUOZ.CSE
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