GFIOF - Gold Fields Limited (GFI) Q4 2023 Earnings Call Transcript
2024-02-22 13:58:05 ET
Gold Fields Limited (GFI)
Q4 2023 Earnings Conference Call
February 22, 2024 08:00 ET
Company Participants
Mike Fraser - Chief Executive Officer
Paul Schmidt - Chief Financial Officer
Conference Call Participants
Cameron Needham - Bank of America Securities
Adrian Hammond - SBG
Leroy Mnguni - HSBC
Presentation
Mike Fraser
Good day, everybody and welcome to Gold Fields’ 2023 Financial Results Presentation. For those of you that I haven’t yet met, my name is Mike Fraser and I have been CEO of Gold Fields since the January 1, 2024. I took over from Martin Preece, who was Interim CEO during the course of 2023 and I want to thank Martin again for his contribution over the past 12 months.
We distributed our results book earlier today. And if you haven’t seen it, it is on our website at goldfields.com. On the first slide of this presentation is a photo of the Brecha Principal pit at Salares Norte. And it indicates a significant amount of activity that has taken place over the past 2 years in mining the ore body. And that’s enabled us to have 520,000 ounces of contained gold in our stockpiles ahead of processing at our processing plant in construction.
If we go to the next slide, please take note of our forward-looking statement, which you can peruse on our website. Just moving on to the next slide, which is our agenda. Our agenda for today, we are going to go through the 2023 overview. I’ll talk about safety and sustainability in the business, an operation overview and update on Salares Norte. Paul will take us through the financials and then we will end with guidance for 2024.
Just moving on to the next slide. I believe Gold Fields offers a very strong value proposition. We have a very clearly defined and well-executed strategy consisting of our three pillars that have been clearly communicated previously. We have a geographically diverse portfolio in attractive mining jurisdictions. The addition of Windfall last year was a significant improvement in the portfolio. And we have a track record of meeting cost and production guidance....
Gold Fields Limited (GFI) Q4 2023 Earnings Call Transcript