Gold Fields, Anglo American set aside millions for possible silicosis settlement

Media stories about Gold Fields Limited (NYSE:GFI) have trended positive recently, Accern Sentiment reports. Share performance for the month is now at 8.59%. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tightening the gaze, stock performance for the last 5 trading days is 2.89%. Finally, Karp Capital Management Corp bought a new position in shares of Gold Fields Limited during the first quarter valued at $2,138,000.

GFI has been the subject of a number of recent analyst reports.

Institutional investors now hold around $1.01 billion or 37.6% in GFI stock.

Several analysts have released their opinion on Gold Fields Limited (NYSE:GFI), with 1 analysts believing it is a strong buy. If you are accessing this news story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark law. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Gold Fields Limited (NYSE:GFI) is on recovery track with 50.77% gain from a 1-year low price of $2.6. The original version of this article can be viewed at https://www.themarketsdaily.com/2017/07/27/gold-fields-limited-nysegfi-earns-media-sentiment-rating-of-0-31-updated-updated.html.

Gold Fields has made a provision of $30.2m or R390m for its share of a possible settlement of current and former mineworkers' class action suit against a group of mining companies.

Gold Fields said the mining companies meant to defend the suits, but would continue to work with the government, labour and claimants "to seek a solution to this South African mining industry legacy issue". The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.

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