(Reuters) -South Africa’s Gold Fields posted a 19% jump in annual profit on Thursday, after a $202 million break fee payment from its failed bid to acquire Canada’s Yamana helped offset cost pressures.
Gold Fields’ headline earnings per share (HEPS) – the profit measure commonly used in South Africa – was $1.19 in the year ended December 2022, compared with $1.00 the previous year.
The miner, which has operations in South Africa, Australia, Ghana, Peru and Chile, said it produced 2.4 million ounces of gold in 2022, up 3% from 2.34 million ounces the previous year and topping its revised guidance of 2.31 million to 2.36 million ounces.
Gold Fields declared a final dividend of 4.45 rand ($0.2443) per share, bringing the total payout for 2022 to 7.45 rand.
($1 = 18.2117 rand)
(Reporting by Nelson Banya; Editing by Jacqueline Wong)
