Gold Fields

Gold Fields Limited, formerly The Gold Fields of South Africa, is known as one of the largest gold mining companies in the world with its headquarters in Johannesburg, South Africa. Besides gold mining, the company is also involved in gold production and the operation of mines in many countries around the world.

The company was founded in 1887 by Cecil Rhodes as Gold Fields of South Africa Limited. It was later renamed Gold Fields Limited following the merger of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. As of 2019, Gold Field has become the world's eighth-largest gold producer.

The corporation owns and runs mines in Australia, Peru, Ghana, South Africa, and Ghana. The production growth efforts are also mainly focused on the areas in which the company currently operates and are primarily driven through the exploration of brownfields on existing land sites, as well as through mergers and acquisitions within those same regions.

In 2012, Gold Fields decided to shift its operating model from focusing on gold production to cash flow generation. Additionally, the company also decided to specialize in mechanized mining with a portfolio of open-pit and underground mines in Australia, Ghana, and Peru. As of 2014, Gold Fields achieved a notable change in its financial performance during a large-scale restructuring of the past two years. Gold Fields' new Australian portfolio has reached its goal of producing one million ounces of gold.

In 2002, the gold company Gold Fields was first listed on the New York Stock Exchange which reached closer to US investors. Therefore, the business has been listed on both stock exchanges including the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE). After years of active preparation, Gold Fields' South African operations have been awarded the ISO 14001 environmental management certification as the first gold mining company in the world to achieve this award.

Industry: Gold mining
Founded: 1887
Headquarters: Johannesburg, South Africa

Website: https://www.goldfields.com/