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Major Group Investments - Direct and Indirect (Tables)
12 Months Ended
Dec. 31, 2022
Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]  
Schedule of major group investments - direct and indirect
Shares heldGroup beneficial interest
Notes2022202120222021
Subsidiaries
Unlisted
Abosso Goldfields Ltd7
– Class "A" shares149,734,000 49,734,000 90.0 %90.0 %
– Class "B" shares14,266,000 4,266,000 90.0 %90.0 %
Agnew Gold Mining Company Pty Ltd254,924,757 54,924,757 100.0 %100.0 %
Darlot Mining Company Pty Ltd21 100.0 %100.0 %
GFI Joint Venture Holdings (Pty) Ltd3311,668,564 311,668,564 100.0 %100.0 %
GFL Mining Services Ltd3235,676,387 235,676,387 100.0 %100.0 %
Gold Fields Ghana Ltd8
1900 900 90.0 %90.0 %
Gold Fields Group Services (Pty) Ltd31 100.0 %100.0 %
Gold Fields Holdings Company Ltd54,084 4,084 100.0 %100.0 %
Gold Fields La Cima S.A.9
41,426,050,205 1,426,050,205 99.5 %99.5 %
Gold Fields Operations Ltd3156,279,947 156,279,947 100.0 %100.0 %
Gold Fields Orogen Holding (BVI) Ltd51,705 1,224 100.0 %100.0 %
Gruyere Mining Company Pty Ltd21 100.0 %100.0 %
GSM Mining Company Pty Ltd21 100.0 %100.0 %
Minera Gold Fields Salares Norte SpA6338,276,530 218,264,716 100.0 %100.0 %
Newshelf 899 (Pty) Ltd3
– Class “A” shares10
90,000,000 90,000,000 100.0 %100.0 %
– Class “B” shares11
10,000,000 10,000,000  %— %
St Ives Gold Mining Company Pty Ltd2281,051,329 281,051,329 100.0 %100.0 %
1    Incorporated in Ghana.
2    Incorporated in Australia.
3    Incorporated in the Republic of South Africa.
4    Incorporated in Peru.
5    Incorporated in the British Virgin Islands.
6    Incorporated in Chile.
7    Abosso Goldfields Ltd (“Abosso”) owns the Damang operation in Ghana. The accumulated non-controlling interest of Abosso at 31 December 2022 amounts to US$22.2 million (2021: US$21.3 million). A dividend of US$4.1 million was declared to non-controlling interest during 2022 (2021: US$4.9 million). Refer to the segment reporting, note 41, for summarised financial information of Damang.
8    Gold Fields Ghana Ltd (“GFG”) owns the Tarkwa operation in Ghana. The accumulated non-controlling interest of GFG at 31 December 2022 amounts to US$84.4 million (2021: US$116.5 million). A dividend of US$29.9 million was advanced to non-controlling interest during 2022 (2021: US$45.9 million). Refer to the segment reporting, note 41, for summarised financial information of Tarkwa.
9    Gold Fields La Cima S.A. (“La Cima”) owns the Cerro Corona operation in Peru. The accumulated non-controlling interest of La Cima at 31 December 2022 amounts to US$1.8 million (2021: US$2.1 million). A dividend of US$0.4 million was paid to non-controlling interest during 2022 (2021: US$0.0 million). Refer to the segment reporting, note 41, financial information of Cerro Corona.
10    The South Deep Joint Venture (“SDJV”) owns and operates the South Deep Gold Mine. The SDJV is an unincorporated joint venture between Gold Fields Operations Limited (“GFO”) and GFI Joint Venture Holdings Proprietary Limited (“GFIJVH”). GFO and GFIJVH are wholly owned subsidiaries of Newshelf 899 Proprietary Limited (“Newshelf”). The share capital of Newshelf comprises of:
90,000,000 “A” shares, representing 90% of Newshelf’s equity. Gold Fields Limited is the holder of the “A” shares; and
10,000,000 “B” shares, representing 10% of Newshelf’s equity. South Deep’s BEE shareholders are the holders of the “B” shares.
11    The “B” shares entitle the BEE shareholders to a cumulative preferential dividend of R20.0 million per annum for the first 10 years (expired in December 2020), R13.3 million per annum for the next five years and R6.7 million for the five years thereafter. After 20 years, this preferential dividend will cease. The “B” shares’ rights to participate in the profits of Newshelf over and above the cumulative preferred dividend were initially suspended. The suspension will be lifted over a 20 years period on a phased-in basis as follows:
after 10 years, in respect of one-third of the “B” shares;
after 15 years, in respect of another one-third of the “B” shares; and
after 20 years, in respect of the remaining one-third of the “B” shares.
After 20 years, all of the “B” shares will substantially have the same rights as the “A” shares. The BEE shareholders must retain ownership of the “B” shares for 30 years.
Summary of share held in investments in associates joint ventures other equity investments and percentage of beneficial interest
Shares heldGroup beneficial interest
2022202120222021
Other1
Listed associates
Rusoro Mining Limited140,000,001 140,000,001 24.8 %25.7 %
Lunnon Metals Limited66,216,438 44,711,062 34.0 %31.7 %
Joint ventures
Far Southeast Gold Resources Incorporated1,737,699 1,737,699 40.0 %40.0 %
Asanko Gold Ghana Limited450,000,000 450,000,000 45.0 %45.0 %
Adansi Gold Company Limited100,000 100,000 50.0 %50.0 %
Shika Group Finance Limited10,000 10,000 50.0 %50.0 %
Listed equity investments
Galiano Gold Inc. (formerly Asanko Gold Inc.)21,971,657 21,971,657 9.8 %9.8 %
Torq Resources Inc.2
15,000,000 — 15.0 %— %
Tesoro Gold Limited2
163,227,850 — 14.9 %— %
Hamelin Gold Limited11,000,000 11,000,000 10.0 %10.0 %
RareX Limited710,592 710,592 0.1 %0.2 %
Consolidated Woodjam Copper Corporation 16,115,740  %13.3 %
Vizsla Copper Corporation4,950,853 — 7.3 %— %
Lefroy Exploration Limited2
21,613,910 21,613,910 13.6 %15.0 %
Magmatic Resources Limited19,200,000 19,200,000 6.5 %7.5 %
Orsu Metals Corp2,613,491 2,613,491 6.0 %6.0 %
Chakana Copper Corp2
30,411,700 22,270,791 17.9 %19.9 %
Amarc Resources Limited5,000,000 5,000,000 2.7 %2.8 %
1    Only major investments are listed individually.
2    An assessment has been performed and the Group does not have significant influence.