Outgoing Gold Fields CEO: Worker fatalities are my biggest regret moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
Gold Fields enters a year of big spending CEO Nick Holland bids farewell to the company, with a strong annual dividend and profits to see him off BL PREMIUM 18 February 2021 - 10:20 Allan Seccombe
As Gold Fields CEO Nick Holland leaves the company, sounding warnings about the mining investment climate in SA, the global gold miner is entering a year of large capital expenditure to build a new gold mine in Chile.
Holland is retiring, making way for former Anglo American veteran Chris Griffith, the CEO of its platinum division for seven years. Gold Fields has nine mines in Africa, Australia and South America and it is building Salares Norte, its tenth.
Sibanye was, in part, the product of Nick Holland’s vision. The company was spun out of Gold Fields almost a decade ago, taking over the latter’s deep-level, labour-intensive operations in South Africa.
“When I got into this job in 2008, I always thought that the direction Gold Fields was going to go in terms of its long-term future was a bit of a dichotomy to the legacy of deep-level South African gold mines. And I had a very particular, strong view that we needed to globalise the company and that we needed to move to modern and mechanised mining methods,” Holland, who is retiring on 1 April, told
South African miner Gold Fields Ltd posted a more than four-fold jump in annual earnings on Thursday on the back of higher bullion prices and said it is preparing for substantial capital expenditure in 2021.
South Africa s Gold Fields earnings surge on strong gold prices msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.