Nachfrager
31.01.2003, 11:58 |
Gold Fields Ergebnisse bei POG 320,- (E) Thread gesperrt |
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Nachfrager
- Strong improvement in safety performance - Good cost control continues - Net earnings up 51 per cent to R817 million (U.S. $83 million)
- Attributable gold production of 1.09 million ounces
Live Conference Call Audio Webcast on 30 January at 16:30 Johannesburg time
(9:30 a.m., North American EST) See www.goldfields.co.za for more details
JOHANNESBURG, South Africa, Jan. 30 /PRNewswire-FirstCall/ -- Gold Fields Limited today reported earnings for the quarter of R817 million, or 173 cents per share, compared to R542 million, or 115 cents per share, in the September quarter. Translated to US Dollars, the net earnings for the December quarter were US$83 million, or US$0.18 per share, compared to US$52 million, or US$0.11 per share, for the previous quarter. This increase was due to a gain on financial instruments and foreign debt as a result of the appreciation of the Australian Dollar against the United States Dollar, and also due to the sale of St. Helena.
Net earnings excluding gains and losses on financial instruments and foreign debt, net of cash and exceptional items, were R574 million, or 122 cents per share (US$59 million, or US$0.13 per share), compared to R735 million, or 156 cents per share in the September quarter (US$71 million, or US$0.15 per share).
Year-on-year earnings for the six months ended 31 December 2002, excluding gains and losses on financial instruments and foreign debt and exceptional items, were R1,309 million, or 278 cents per share (US$130 million, or US$0.28 per share), compared to R826 million, or 180 cents per share, (US$89 million, or US$0.19 per share), for the same six-month period one year ago.
Revenue for the quarter was R3,607 million (US$370 million), a decrease of R357 million, or 9 per cent (in Rand terms), from the September 2002 quarter of R3,964 million (US$382 million). The Rand gold price received decreased from R104,542 per kilogram to R100,969 per kilogram due to the strengthening of the quarterly average Rand/US Dollar exchange rate from R10.38 during the September quarter to R9.77 in the December quarter. The effects of the stronger Rand were partially offset by the average US Dollar gold price increasing from $313 per ounce to $321 per ounce quarter on quarter. Operating cash flow for the quarter was R1,340 million (US$137 million), an increase of R344 million when compared to operating cash flow in the September quarter of R996 million (US$95 million), contributing to a strong balance sheet with a cash balance at the end of December 2002 of R1,926 million (US$217 million) as compared to R1,439 million (US$136 million) at the end of September. Cash net of both long and short-term debt at the end of the quarter was a positive R504 million (US$57 million) compared to a negative R494 million (US$47 million) last quarter.
As a result of the continued strong financial performance of the company, a dividend of SA150 CENTS per share has been declared.
Attributable gold production for the December 2002 quarter decreased 3 per cent to 1,091,000 ounces from 1,130,000 ounces in the September 2002 quarter, of which 27 per cent was produced from the international operations. The Damang mine in Ghana and Agnew in Australia had a steady quarter with slightly higher production than the previous quarter. Tarkwa, in Ghana, had an expected reduction of
gold output to planned levels due largely to gold in process changes quarter on quarter. St. Ives in Australia had lower production levels duto anticipated lower yields.
At the South African operations, production remained constant at Kloof, Driefontein and Beatrix, while the sale of St. Helena on 30 October
2002 resulted in the inclusion of only one month''s production from this operation in the quarter. Yields were maintained at 3.4 grams per
ton, and total cash costs for the Group, for the quarter, in Rand terms, was R61,853 per kilogram, very similar to that achieved in the
September quarter of R61,222 per kilogram. In US Dollar terms, total cash costs increased by 8 per cent, from US$183 per ounce to US$197 per ounce, mainly as a result of the strengthening of the Rand to the United States Dollar exchange rate during the quarter.
Gold Fields is one of the world''s largest unhedged gold companies, with annual attributable gold production of over 4 million ounces and attributable Minerals Resources of 187 million ounces and Mineral Reserves of 79 million ounces. It has operations in South Africa, Australia and Ghana (West Africa) and gold and platinum group metals exploration projects throughout the world. The principal trading market for the company''s ordinary shares is the Johannesburg Securities Exchange in South Africa (GFI).
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kingsolomon
31.01.2003, 12:23
@ Nachfrager
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Re:sollte jm. bei GSS in Versuchung geraten: Papier gegen Gold |
-->hat nichts mit GFI zu tun, ich weiss, will bloss nicht ständig neue Threads
aufmachen...
Thursday, January 30, 2003 05:04 PM
GSS To Sell 13,400,000 Units in Bought Deal Financing
Denver, Colorado - January 30, 2003
Golden Star Resources Ltd. (GSC:TSX, GSS:AMEX) announced today that it has entered into an agreement with an underwriting group for the purchase by the underwriters of 13,400,000 units at C$3.00 per unit for aggregate proceeds to Golden Star of C$40,200,000. Each unit will consist of one common share and one-half of one warrant to purchase a common share. Each whole warrant shall be exercisable for a period of 48 months from its date of issue and shall entitle the holder to purchase one common share for C$4.60 per share. Golden Star has also granted to the underwriters an option to purchase, at any time up to two days prior to the closing, up to an additional 3,600,000 units for additional aggregate proceeds to Golden Star of C$10,800,000. If this option were fully exercised, the total aggregate proceeds to Golden Star would increase to C$51 million. The closing is expected to take place on February 18, 2003.
A preliminary short form prospectus with respect to the units to be offered in Canada will be filed with the applicable Canadian securities regulatory authorities. A shelf registration statement with respect to the units to be offered in the United States has been declared effective by the U.S. Securities and Exchange Commission (SEC), and a preliminary prospectus supplement with respect to the proposed offering in the United States will be filed with the SEC.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in any jurisdiction. The offering may be made in Canada only by means of a prospectus. The offering may be made in the United States only by means of a prospectus and related prospectus supplement.
Golden Star intends to use the proceeds from the offering for general corporate purposes.
Golden Star holds a 90% equity interest in the Bogoso/Prestea open-pit gold mine in Ghana, a 45% managing equity interest in the currently inactive Prestea underground mine in Ghana, and a 90% equity interest in the Wassa gold project, also in Ghana. In addition, the Company has other gold exploration interests in the Guiana Shield in South America as well as elsewhere in West Africa. Golden Star currently has approximately 87.4 million common shares outstanding and is listed on the Toronto Stock Exchange under the symbol"GSC" and on the American Stock Exchange under the symbol"GSS".
Statements in this press release, other than statements of historical information, are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested due to certain risks and uncertainties including, without limitation, risks and costs associated with exploration and development, acquisition opportunities, the establishment of reserves, the recovery of any reserves, future gold production and production costs, and future permitting dates for additional sources of ore. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested is contained in the Company's shelf registration statement on Form S-3 filed December 27, 2002 with the Securities and Exchange Commission, as amended. There can be no assurance that future developments affecting the Company will be those anticipated by management. The Company disclaims any obligation to update or revise any of the forward- looking statements that are in this news release.
For further information, please contact:
GOLDEN STAR RESOURCES LTD. +1 800 553 8436
Peter Bradford, President and CEO +1 303 894 4613
Allan Marter, Chief Financial Officer +1 303 894 4631
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Heller
31.01.2003, 15:33
@ kingsolomon
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Sorry, verstehe nicht, was du mit der Meldung sagen willst. Interessiert mich. |
-->>hat nichts mit GFI zu tun, ich weiss, will bloss nicht ständig neue Threads
>aufmachen...
>
>Thursday, January 30, 2003 05:04 PM
>GSS To Sell 13,400,000 Units in Bought Deal Financing
>Denver, Colorado - January 30, 2003
>Golden Star Resources Ltd. (GSC:TSX, GSS:AMEX) announced today that it has entered into an agreement with an underwriting group for the purchase by the underwriters of 13,400,000 units at C$3.00 per unit for aggregate proceeds to Golden Star of C$40,200,000. Each unit will consist of one common share and one-half of one warrant to purchase a common share. Each whole warrant shall be exercisable for a period of 48 months from its date of issue and shall entitle the holder to purchase one common share for C$4.60 per share. Golden Star has also granted to the underwriters an option to purchase, at any time up to two days prior to the closing, up to an additional 3,600,000 units for additional aggregate proceeds to Golden Star of C$10,800,000. If this option were fully exercised, the total aggregate proceeds to Golden Star would increase to C$51 million. The closing is expected to take place on February 18, 2003.
>A preliminary short form prospectus with respect to the units to be offered in Canada will be filed with the applicable Canadian securities regulatory authorities. A shelf registration statement with respect to the units to be offered in the United States has been declared effective by the U.S. Securities and Exchange Commission (SEC), and a preliminary prospectus supplement with respect to the proposed offering in the United States will be filed with the SEC.
>This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in any jurisdiction. The offering may be made in Canada only by means of a prospectus. The offering may be made in the United States only by means of a prospectus and related prospectus supplement.
>Golden Star intends to use the proceeds from the offering for general corporate purposes.
>Golden Star holds a 90% equity interest in the Bogoso/Prestea open-pit gold mine in Ghana, a 45% managing equity interest in the currently inactive Prestea underground mine in Ghana, and a 90% equity interest in the Wassa gold project, also in Ghana. In addition, the Company has other gold exploration interests in the Guiana Shield in South America as well as elsewhere in West Africa. Golden Star currently has approximately 87.4 million common shares outstanding and is listed on the Toronto Stock Exchange under the symbol"GSC" and on the American Stock Exchange under the symbol"GSS".
>Statements in this press release, other than statements of historical information, are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested due to certain risks and uncertainties including, without limitation, risks and costs associated with exploration and development, acquisition opportunities, the establishment of reserves, the recovery of any reserves, future gold production and production costs, and future permitting dates for additional sources of ore. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested is contained in the Company's shelf registration statement on Form S-3 filed December 27, 2002 with the Securities and Exchange Commission, as amended. There can be no assurance that future developments affecting the Company will be those anticipated by management. The Company disclaims any obligation to update or revise any of the forward- looking statements that are in this news release.
>For further information, please contact:
>GOLDEN STAR RESOURCES LTD. +1 800 553 8436
>Peter Bradford, President and CEO +1 303 894 4613
>Allan Marter, Chief Financial Officer +1 303 894 4631
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kingsolomon
31.01.2003, 16:33
@ Heller
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Re: dass viele Minengesellschaften den Anleger genauso ausnehmen, wie |
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frĂźher die Techies. Man sollte also wachsam sein.
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