GFI stock news · Gold Fields Limited
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Energy strength is a hidden value in gold mining stocks, not just production costs.
Bad for GFIGold Fields reported big energy cost hits after the Iran war, saying diesel, freight and LNG rose sharply and could add $40–$50 to the cost of each ounce it produces.
Sell-off in crypto and gold mining stocks follows robust jobs report, reinforcing expectations for a September Fed rate increase.
Bad for GFIGold Fields joined other miners as notable losers after the stronger jobs report and yield spike.