Gold Fields expects H1 earnings to more than double year-on-year

(Reuters) - Gold Fields' expects first-half earnings to more than double from the same period of last year, as a higher gold price boosts the gold miner's revenue.

Headline earnings per share are expected to be 43-47 U.S. cents per share, between 115% and 135% up from the 20 U.S. cents per share reported for the first half of 2020, it said on Friday.

Gold production was only marginally higher year-on-year, at 1.104 million ounces from 1.087 million ounces.

The Johannesburg-listed miner, which has operations in Australia, Chile, Ghana, Peru and South Africa, said all-in costs were up by a fifth year-on-year due to spending on its Salares Norte project in Chile ramping up.

(Reporting by Helen Reid; Editing by Kirsten Donovan)