{"id":90969,"date":"2015-02-12T10:38:56","date_gmt":"2015-02-12T10:38:56","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=90969"},"modified":"2015-02-12T10:38:56","modified_gmt":"2015-02-12T10:38:56","slug":"gold-fields-earnings-fall-gold-price-dip","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=90969","title":{"rendered":"Gold Fields earnings fall on gold price dip"},"content":{"rendered":"<p>Bullion producer Gold Fields reported a decline in fourth quarter earnings of 2014 on the back of softer global gold prices.<\/p>\n<p>Normalized earnings per share dropped to 2 US cents per share in the three months to end-December, 2014 compared to 3 US cents in the previous quarter.<\/p>\n<p>[contextly_sidebar id=&#8221;Fku6jcGFAWWUFddSBdSH632o7zUr6mMQ&#8221;]The price of gold has fallen about 6 percent since February 2014 as the dollar hit record highs over a stronger-than-expected U.S. economy.<\/p>\n<p>&#8220;At today&#8217;s gold price we are still in a good shape to withstand even lower prices and we have done what we can to ensure that we can be a long term player in the industry,&#8221; chief executive Nick Holland told Reuters.<\/p>\n<p>Normalized earnings per share dropped to 2 U.S cents per share in the three months to end-December, compared to 3 U.S cents in the previous quarter.<\/p>\n<p>Gold Fields produced 556,000 ounces of gold in the period, down from 559,000 ounces in the quarter ended September.<\/p>\n<p>Holland said costs during the whole of 2014 down 30 percent from the previous year due to the company&#8217;s money saving initiatives.<\/p>\n<p>Source: News 24\/ Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bullion producer Gold Fields reported a decline in fourth quarter earnings of 2014 on the back of softer global gold prices. Normalized earnings per share dropped to 2 US cents per share in the three months to end-December, 2014 compared to 3 US cents in the previous quarter. [contextly_sidebar id=&#8221;Fku6jcGFAWWUFddSBdSH632o7zUr6mMQ&#8221;]The price of gold has fallen [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[44,4],"class_list":["post-90969","post","type-post","status-publish","format-standard","hentry","tag-optometrist","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/90969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90969"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/90969\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}