Gold Fields Q1 production up, acquires Gold Road

Gold Fields Limited (JSE:GFI) announced solid Q1 2025 results with attributable gold production reaching 551koz, a 19% increase compared to Q1 2024. The company's All-in Sustaining Costs (AISC) decreased by 7% year-over-year to US$1,625/oz. Post-quarter, Gold Fields entered a binding agreement to acquire 100% of Gold Road Resources. The deal, valued at approximately A$3.7 billion, is expected to close in 2H 2025 and will be funded through bridge financing.