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Stock impact report

Gold Miners Crippled by Costs Risk Losing Out on Bullion's Boom [Yahoo! Finance]

Gold Fields Limited American Depositary Shares (GFI) 
US:NYSE Investor Relations: goldfields.com/investors.php
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Booming Cambridge Exposes England's Widening Wealth Gap Robotaxis Are No Friend of Public Transportation Oman Sees an Urban Future Distinct From Dubai and Abu Dhabi Climate Change Is Killing Buildings in Slow Motion Argentina Drug Trafficking Hotspot Sees Murders Plunge Newmont Corp. shares plunged the most in more than 25 years, tumbling 15% after the Denver-based company posted earnings, revenue and profit margins that fell short of analysts' estimates in the third quarter, dragged down by higher costs for labor, diesel and other operating expenses. Top rivals Barrick Gold Corp. and Agnico Eagle Mines Ltd. also saw their shares drop. Analysts had high hopes for the industry, with gold among the best-performing commodities this year, surging more than 30% on the outlook for lower interest rates and geopolitical turmoil. But Newmont's results revealed that big gold producers are still wrestling with inflationary pressures, especially regarding l Show less Read more
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