Gold Fields Limited (GFI) Q2 2026 Earnings Call Transcript

SA Transcripts 162K Followers Follow Gold Fields Limited ( GFI ) Q2 2026 Earnings Call August 25, 2026 9:00 AM EDT Company Participants Michael Fraser - CEO & Executive Director Alex Dall - CFO & Executive Director Jongisa Magagula - Executive Vice-President of Investor Relations & Corporate Affairs Conference Call Participants Ephrem Ravi - Citigroup Inc., Research Division Raj Ray - BMO Capital Markets Equity Research Tanya Jakusconek - Scotiabank Global Banking and Markets, Research Division Presentation Michael Fraser CEO & Executive Director Good day, everybody, and thank you for joining us for the presentation of Gold Fields results for the 6 months to 30th of June 2026. My name is Mike Fraser, and joined today in our Johannesburg office is Alex Dall, our Chief Financial Officer; and Jongisa Magagula, EVP of External Affairs. So today, our message is very simple. Our operations delivered a solid first half performance. We converted this in conjunction with a higher and supportive gold market into very strong cash flows. And that, in turn, it allowed us to deliver higher returns to our shareholders. I wanted to just bring your attention to the forward-looking statements, which include some non-IFRS measures, and I ask you to take note of the slide on Page 2. So in terms of the agenda for today, I will cover the highlights and the operational performance. Alex will cover the financials and capital allocation, and we'll also touch on some of the transformation initiatives underway to create a more reliable and agile organization. And finally, I'll close on growth strategy and the outlook before we open for questions. So turning to the highlights of the first half. So firstly, we had a strong half. And most importantly, we had no fatalities and no serious injuries across the group. This is a real manifestation of the fact that our safety improvement program that we launched in