Gold Fields reported an 81% rise in H1 2026 attributable profit on 25 August 2026, more than doubling its interim dividend to R16.25 a share and expanding its share buyback programme to $1.25bn.
Gold Fields' South Deep mine produced 151,000oz in the first half of 2026, down 1%, while the group resumed surface exploration drilling and said it expects production at the mine to rise at least 20% over five years.
Gold's steepest monthly fall since 2008 in June 2026 cut nearly 25% off the JSE's precious metals and mining index in the second quarter, with AngloGold Ashanti, Gold Fields and Sibanye-Stillwater all sharply lower.
Gold broke through $5,000/oz in January, sending the rand to its strongest level since 2022 and boosting profitability across Harmony, Sibanye-Stillwater, Gold Fields and Pan African.
JSE: GFIGoldGold FieldsJohannesburg-headquartered gold producer whose history goes back to Cecil Rhodes's Gold Fields of South Africa, founded in 1887; the current company took shape in 1998. It is among the world's larger gold miners and is listed in Johannesburg and New York. Its Ghanaian operations face uncertainty over the renewal of the Tarkwa mining lease.
JSE: SSWPGMsSibanye-StillwaterJohannesburg-based precious metals group built through a run of acquisitions after Gold Fields spun off its older South African gold mines in the early 2010s. It is one of the world's largest primary producers of platinum, palladium and rhodium and a major gold producer. Richard Stewart, who succeeded founding CEO Neal Froneman, has put further dealmaking on hold in favour of cost cuts and organic projects.
