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© Reuters. FILE PHOTO: A mine employee walks underground as South Africa’s Gold Fields bets on photo voltaic to chop prices and carbon, at Gold Fields’ South Deep mine, south-west of Johannesburg, South Africa October 12, 2022. REUTERS/Siphiwe Sibeko2/2
(Reuters) -South Africa’s Gold Fields (NYSE:) posted a 19% bounce in annual revenue on Thursday, after a $202 million break payment cost from its failed bid to amass Canada’s Yamana helped offset price pressures.
Gold Fields’ headline earnings per share (HEPS) – the revenue measure generally utilized in South Africa – was $1.19 within the yr ended December 2022, in contrast with $1.00 the earlier yr.
The miner, which has operations in South Africa, Australia, Ghana, Peru and Chile, mentioned it produced 2.4 million ounces of gold in 2022, up 3% from 2.34 million ounces the earlier yr and topping its revised steerage of two.31 million to 2.36 million ounces.
Gold Fields declared a ultimate dividend of 4.45 rand ($0.2443) per share, bringing the full payout for 2022 to 7.45 rand.
($1 = 18.2117 rand)
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