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.
