Gold Fields Triples First-Half Profit to $1.15 EPS, Boosts Dividend on Record Gold Prices

Gold Fields, a mining company operating in Africa, Australia, and South America, reported a more than threefold increase in first-half profits driven by soaring gold prices and higher production levels. The company’s basic earnings per share rose to $1.15 from $0.43 in the previous comparable period. In response to the improved financial performance, Gold Fields announced a dividend increase. The surge in bullion prices contributed significantly to the company's strong earnings growth during the period.