---
title: "Gold Fields flags cost pressures as Iran war drives up input prices"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285515671.md"
description: "Gold Fields anticipates rising costs due to the Iran war affecting input prices, particularly diesel, which has surged by up to 70%. Despite these pressures, the company maintains its cost guidance, citing measures to contain expenses. Gold production increased by 15% in Q1 2026, with expectations of 2.4 to 2.6 million ounces for the year. Gold prices remain volatile, currently around $4,744 an ounce, down from a record high of $5,595 earlier this year."
datetime: "2026-05-07T08:59:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285515671.md)
  - [en](https://longbridge.com/en/news/285515671.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285515671.md)
---

# Gold Fields flags cost pressures as Iran war drives up input prices

May 7 (Reuters) - South Africa's Gold Fields expects its costs to increase as the Iran war has driven the prices of inputs such as fuel and explosives higher, it said on Thursday. "The forecast impact of this, assuming an oil price of $100 per barrel, is between $40 to $50 per ounce on a portfolio level," it said in a quarterly update. Gold Fields did not change its cost guidance for the year,

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