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home / news releases / GFI - Gold Fields Lowers Production Guidance Due to Adverse Weather in Chile

GFI - Gold Fields Lowers Production Guidance Due to Adverse Weather in Chile

Gold Fields Limited American Depositary Shares

2024-06-14 12:30:00 ET

Major miner Gold Fields (NYSE: GFI ) revised its 2024 gold production downward on Thursday (June 13), saying that severe winter weather conditions have affected its Salares Norte asset in Chile.

Salares Norte, located in Northern Chile, has encountered challenges due to early and prolonged winter weather. This has led to the freezing of materials in the piping of the process plant, causing temporary shutdowns.

The unforeseen weather conditions have disrupted the ramp-up phase, forcing the company to revise its output targets.

For further details see:

Gold Fields Lowers Production Guidance Due to Adverse Weather in Chile
Stock Information
Company Name: Gold Fields Limited American Depositary Shares
Stock Symbol: GFI
Market: NYSE
Website: goldfields.com
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