Gold Fields Analysis (December) 2025 | Price, Valuation & Outlook

Gold Fields

JSE:GFI

R 735,00

+ R43,73 (6,33%)

735,00 R

+R43,73 (6,33%)

End-of-day quote: 12/05/2025

Gold Fields Stock Value

According to analysts, the current valuation of JSE:GFI is Hold.

Hold

Gold Fields Company Info

EPS Growth 5Y

52,86%

Market Cap

R657,84 B

Long-Term Debt

R33,54 B

Annual earnings

02/18/2026

Dividend

R10,66

Dividend Yield

1,45%

Founded

1887

Industry

Materials

Country

South Africa

Website

Gold Fields

ISIN Number

ZAE000018123

Website

http://www.goldfields.com

Analyst Price Target

R763,89

3.93%

Last Update: 12/06/2025

Analysts: 8

Highest Price Target R1.140,00

Average Price Target R763,89

Lowest Price Target R630,00

In the last five quarters, Gold Fields’s Price Target has risen from R113,23 to R317,93 - a 180,78% increase. Nine analysts predict that Gold Fields’s share price will increase in the coming year, reaching R763,89. This would represent an increase of 3,93%.

Top growth stocks in the materials sector (5Y.)

What does Gold Fields do?

Gold Fields Limited operates as a gold producer with reserves and resources in Australia, South Africa, Ghana, Peru, Chile, and Canada. Australia The company's First Nations engagement approach in Australia is built on three strategic pillars: Building and maintaining strong and respectful relationships with the traditional custodians of the lands where the company's operations are located. Empowering First Nations Peoples by providing meaningful and sustainable opportunities. Championing...

Gold Fields Limited operates as a gold producer with reserves and resources in Australia, South Africa, Ghana, Peru, Chile, and Canada.

Australia

The company's First Nations engagement approach in Australia is built on three strategic pillars:

Building and maintaining strong and respectful relationships with the traditional custodians of the lands where the company's operations are located.

Empowering First Nations Peoples by providing meaningful and sustainable opportunities.

Championing the preservation and celebration of First Nations land, culture, and heritage.

All of the company's Australian mines are located on lands that are subject to Native Title claims and determinations. Native Title refers to the traditional rights and interests held by a group of Aboriginal or Torres Strait Islander people who are formally recognized.

Ghana

The Tarkwa-Nsuaem and Prestea-Huni Valley municipalities, which host the company’s Damang and Tarkwa mines, are major centres for legal ASM, as well as smallscale mining activities carried out by illegal miners, also known as galamsey.

Chile

The company held six workshops during the year, attended by about 120 employees and contractors.

Canada

The Windfall project’s host communities include Lebel-sur-Quévillon and the Cree First Nation of Waswanipi. The project is on lands designated to the Cree community, with claims by two other Nations. Collaboration with the Cree community and tallymen, who oversee parts of the property, has been ongoing since inception

Australia Material Operations

St. Ives

St. Ives is a production stage property comprising several open pits, two operating underground mines and Mineral Reserves stockpiles. It holds exploration licences, prospecting licences, miscellaneous licences and mining leases covering a total area of 160,990 hectares including 54 non-managed leases totalling 13,224 hectares and 10 joint venture tenements of 25,423 hectares, where it has a 49% interest.

South Africa Material Operations

South Deep Mine

South Deep is a production stage property, deep-level underground gold mine. It is situated 70 kilometres southwest of Johannesburg, in the Gauteng Province of South Africa, accessible via the N12 provincial road between Johannesburg and Potchefstroom. All personnel and material conveyance enters the mine via the main Twin Shaft. South Deep converted its old order mining right to new order mining rights in July 2010, which is valid until 2040, as required by the MPRDA. Under the new order mining rights, South Deep operates under a mining lease with a total area of 4,268 hectares. South Deep’s total Mineral Reserve estimate comprises 2% located in the Current Mine, 24% in North of Wrench and 74% in South of Wrench areas.

Ghana Material Operations

Tarkwa Mine

The Tarkwa mine is a production-stage property gold mine located in southwestern Ghana, about 300 kilometres west of Accra, the capital, and 4 kilometres west of the town of Tarkwa with good access roads and established infrastructure. The Tarkwa mine consists of several open pit operations on the original Tarkwa property and the adjacent southern portion of the property, which was formerly referred to as the Teberebie property and was acquired by Gold Fields in August 2000. Gold Fields operates the mine with aconventional carbon in leach plant, with two gyratory crushers feeding a SAG mill and ball mill. The Tarkwa mine operates under mining leases with a total area of 20,825 hectares, the entirety of which are for surface operations and excluding the overlapping area between Damang and Tarkwa.

Material Chile Operations

Salares Norte gold and silver mine

Salares Norte is a high grade, open pit, gold-silver production stage property located in the Atacama region of northern Chile. The project is at with elevations between 4,200 metres and 4,900 metres above sea level. The nearest town is Diego de Almagro, about 183 kilometres by road to the west of the project. Minera Gold Fields Salares Norte SpA (MGFSN) holds 22,800 hectares of exploitation concessions (mining rights) with definitive title granted, including 1,800 hectares covering the property area. MGFSN holds 69,100 hectares of additional exploration concessions and an option agreement with Pan Pacific Copper Exploration Chile Ltda. covering 2,200 hectares (comprising 300 hectares of mining concessions and 1,900 hectares of exploration concessions) to the northwest of Salares Norte. This is a total of 94,100 hectares.

Australia

Gruyere Mine JV

Gruyere is a production stage property JV comprising four open pits (one active and three planned) and Mineral Reserve stockpiles. The Gruyere deposit is located within the Yamarna Terrane of the eastern Yilgarn, Western Australia. Gruyere is located by road 200 kilometres east of Laverton and 1,100 kilometres north-east of Perth and is accessible by road and by air, with a sealed airstrip near the camp. The mine operates on a fly-in fly-out basis with variable rosters.

The project holds licences for mining, exploration, prospecting and miscellaneous use of a total area of 141,674 hectares. The Gruyere mine utilises mining contractors to mine the open pit using conventional drill, blast, load and haul activities.

Granny Smith

The Granny Smith Mine (GSM) is a production stage property, underground gold mine owned by GSM Mining Company (Pty) Ltd., a wholly owned subsidiary of Gold Fields. The mine is located 23 kilometres southwest of the town of Laverton in the Northern Goldfields of Western Australia and is accessible via the Mt. Weld Road. Laverton has a sealed road to Perth, 952 kilometres to the southwest, and Kalgoorlie, 360 kilometres to the south. Mining methods at Granny Smith include room and pillar, bulk stopes and long-hole open stoping with paste-filled backfill. The Granny Smith operation obtains electricity from both a gas fired power station and a solar farm and has access to water, air and road infrastructure.

Granny Smith holds 71 exploration licences, prospecting licences and mining leases covering a total area of 66,974 hectares, including 21 miscellaneous and 50 non-managed tenements.

Agnew

Agnew is a production stage property owned by Agnew Gold Mining Company Pty Ltd (AGMC), and comprises the amalgamated Agnew and (former) Lawlers mines. It is located 23 kilometres west of Leinster, approximately 390 kilometres north of Kalgoorlie and 850 kilometres northeast of Perth, Western Australia and is accessible by road and air. Agnew currently operates three underground mines, namely Waroonga, New Holland, and Barren Lands. Extensional and near mine exploration continues to generate new Mineral Reserves and extend the LOM Mineral Reserve which is currently to 2029. Agnew holds exploration licences, prospecting licences and mining leases covering a total area of 71,944 hectares.

Ghana

Damang Mine

Damang is a production stage gold mine located in the Wassa West District in southwestern Ghana approximately 270 kilometres by road west of Accra and approximately 30 kilometres by road northeast of the Tarkwa mine. Damang holds mining and prospecting leases with a total area of 24,265 hectares.

Peru

Cerro Corona

Cerro Corona is a production-stage gold and copper mine operating one open pit and one copper-gold plant. Contract mining is deployed in the open pit applying conventional drill, blast, load and haul methods. The total property area owned by Cerro Corona covers 6,208 hectares, comprising 4,805 hectares mining concessions, with the surface rights covering 1,403 hectares.

Canada

Windfall Project

In 2023, Gold Fields announced that it had entered into a 50/50 joint venture with Osisko for the joint ownership and development of the Windfall project. On 25 October 2024, Gold Fields completed its acquisition of Osisko, and consolidated 100% ownership of the Windfall project. The Windfall project is located in the Eeyou Istchee James Bay territory of Québec, Canada.

Windfall is a development stage property with existing underground infrastructure based on current exploration activities and with further development planned and budgeted into 2025.

The Windfall project contains three lease agreements, including one industrial lease agreement for the ramp area, another industrial lease agreement for the camp area and a mine waste storage lease. Windfall comprises 325 individual claims covering an aggregate area of 14,299 hectares. The entire property, which includes Windfall, Urban Barry, Phoenix and Quévillon, covers 342,531 hectares. The EIA is expected to provide Gold Fields with a mining licence.

Strategy

The company's business strategy is to deliver safe, reliable and cost-effective operations; and deliver positive social and environmental impact.

Environmental and Regulatory Matters

Gold Fields is subject to the Environmental Protection Act 1986 (WA) (EP Act), under which it is obliged to prevent and abate pollution and environmental harm.

The environmental impacts of mining activities are also regulated by conditions imposed on Gold Fields’ mining tenements under the Western Australia Mining Act.

Gold Fields also undertakes activities which are regulated by the National Nuclear Regulator Act, No. 47 of 1999 (NNR Act). The NNR Act requires Gold Fields to obtain authorisation from the National Nuclear Regulator (NNR) and undertake activities in accordance with the conditions of such authorisation.

History

Gold Fields Limited was founded in 1887. The company was incorporated in 1968.

Gold Fields Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Industry Turnover: Gold production: approx. 90% Copper production: approx. 10% TOP 3 Markets: South Africa: approx. 35% Australia: approx. 30% Ghana: approx. 25% Gold Fields Limited generates the majority of its turnover from gold production, with a smaller portion coming from copper production....

At which locations are the company’s products manufactured?

Production sites of Gold Fields Limited: South Africa: South Deep Mine Ghana: Tarkwa and Damang Mines Australia: St Ives, Agnew, Granny Smith, and Gruyere Mines Peru: Cerro Corona Mine Chile: Salares Norte Project (under development) Gold Fields Limited is a leading gold mining company with a glob...

What strategy does Gold Fields pursue for future growth?

Focus on Sustainable Mining and Renewable Energy Expansion of Production Capacities in Existing Mines Investments in New Projects and Explorations Gold Fields Limited pursues a strategy aimed at sustainable growth and the use of renewable energies. The company is committed to reducing CO2 emissions...

Which raw materials are imported and from which countries?

Main raw material: Gold Imported materials: Machinery, equipment, chemicals Countries of origin: USA, Germany, China Gold Fields Limited, a leading mining company, focuses mainly on the production of gold. While the company produces gold itself, it imports various materials and equipment necessary f...

How strong is the company’s competitive advantage?

Market share in the gold sector: Approximately 7% (2024) Production capacity: 2.3 million ounces of gold per year (2024) AISC (All-in Sustaining Costs): $1,050 per ounce (2024) Gold Fields Limited has a significant competitive advantage in the gold sector, which is manifested by several factors. The...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: approx. 70% (estimated for 2025 based on historical data) Insider Buys/Sells: No significant changes reported (as of 2025) Gold Fields Limited has traditionally had a high institutional investor share, around 70%. These investors include large investment funds and pensi...

What percentage market share does Gold Fields have?

Market share of Gold Fields Limited: Estimated around 5% (2025) Main competitors and their market shares: Newmont Corporation: around 15% Barrick Gold Corporation: around 12% AngloGold Ashanti Limited: around 8% Kinross Gold Corporation: around 6% Gold Fields Limited: around 5% Newcrest Mining Limi...

Is Gold Fields stock currently a good investment?

Revenue growth: 8% (2024) Production increase: 5% (2024) Cash flow improvement: 10% (2024) Gold Fields Limited recorded a revenue growth of 8% in 2024, attributed to increased gold production and higher gold prices. Production was increased by 5%, reflecting the efficiency and capacity of the mines....

Does Gold Fields pay a dividend – and how reliable is the payout?

Dividend yield: 3.2% (estimated for 2025) Dividend history: Continuous distribution in the last 5 years Gold Fields Limited has regularly distributed dividends to its shareholders in recent years. The company's dividend policy is aimed at returning a portion of the profit to the shareholders, with t...

Gold Fields Stock Value

Gold Fields Company Info

Analyst Price Target

Top growth stocks in the materials sector (5Y.)

What does Gold Fields do?

Gold Fields Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal