Share Price

     
JSE 59.19 0.00%
NYSE %
RAND/US$ 10.0083 -0.4799%
RAND/STERLING 15.6376 0.0977%
GOLD 1369.65 0.19%
PLATINUM 1437.00 -0.07%
 
15 min delayed feed: more
Gold Fields (following the unbundling of Sibanye Gold) is a large unhedged producer of gold with attributable annual production of approximately 2 million gold ounces from six operating mines in Australia, Ghana, Peru and South Africa. The new Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility. The new Gold Fields has total attributable gold Mineral Reserves of 54.9 million ounces and Mineral Resources of 125.5 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). In February 2013, Gold Fields unbundled its KDC and Beatrix mines in South Africa into a separately listed company, Sibanye Gold.
IN THIS SECTION
     
  Arrow Media releases
  Arrow Announcements
  Arrow Publications
  Arrow Media contacts
     

Media Releases

KDC Tragedy: Update

Monday, 2 July 2012

Johannesburg, 1 July 2012: Further to the initial press release issued today at 11.35am, Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to confirm that five employees lost their lives at the 4 Shaft (Ya-Rona) KDC West mine, near Merafong in South Africa, after a fire broke out last night.

Gold Fields' Chief Executive Officer, Nick Holland, said: "The tragic loss of five of our colleagues at the KDC WestYa-Rona shaft is deeply shocking to all of us at Gold Fields. We extend our deepest condolences and heartfelt sympathy to their families, friends and colleagues. We are in the process of contacting their next of kin and will do all in our power to assist them through this difficult time. We will thoroughly investigate the causes of this accident."

Executive Vice President and Head of Gold Fields' South Africa Region, Peter Turner, added: "On this particular shaft -Ya Rona - we've had 655 fatality free working days (2 years and 9 months) before this tragedy. This incident is highly regrettable in view of the significant safety improvements we've experienced on this mine. This shaft, together with the remaining 12 shafts on the KDC operation, has been closed and we will be cooperating fully with all stakeholders to investigate the cause of the accident."

Of the fourteen employees who were hospitalised on Sunday 1 July 2012 for routine observation, 3 have been discharged. The remaining 11 are in a stable condition.

Fire fighters from the Mine Rescue Services have been working around the clock to bring the fire at Ya-Rona shaft under control.

Investor enquiries: Willie Jacobsz: +44 742 934 4994
Media enquiries: Sharda Naidoo: +27 83 560 1769



Previous page