Gold Fields' H1 earnings overshadowed by job cuts
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Gold Fields announced its interim results today - and while headline earnings per share came in flat, the interim dividend has been halved - its the company's last ditch effort to turn things around its loss making South Deep mine with over 1500 job cuts thats overshadowing the numbers. Mineral Resources Minister, Gwede Mantashe says that Gold Fields' planned action at the mine is a reflection of leadership failure and has called for new management in that regard. Nick Holland the CEO of Gold Fields joined Business Day TV on the line to discuss the numbers in context of the current operating environment and all its moving parts.