Gold mining company Gold Fields increased production in the three months to December 31, when it generated $47-million of cash flow.
It pulled down costs to $942/oz, recorded normalised earnings of $15-million, stuck to its dividend commitment, reduced net debt by $47-million and is striving to reach a one times ratio of net debt to earnings before interest, taxes, depreciation and amortisation. (Also watch attached Creamer Media video).