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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. |
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Media Releases
Mining operations to resume at South Deep on Thursday
Monday, 5 May 2008
Gold Fields Limited (“Gold Fields”) (NYSE, JSE, DIFX: GFI) reports today that normal mining operations will only resume in mining areas at 95 level and above at the South Deep Gold Mine near Westonaria on Thursday morning, May 8, 2008 after a Day of Mourning and a Memorial Service which is to be held at the Twin Shaft Complex on Wednesday, May 7.
At a meeting at the Department of Minerals and Energy (DME) in Johannesburg today with mine management and trade unions, the Chief Inspector of Mines agreed that the conditions of a Section 54 order had been met and the mine could now recommence mining operations.
Underground working at South Deep had been suspended, except for essential services for emergency purposes, since 17h40 on May 1 when the Section 54 was issued following the shaft accident that tragically claimed nine lives.
The Section 54 required that all winding operations at South Deep, Kloof and Driefontein Gold Mines be suspended pending assessment of the integrity of the winding ropes. This order was fully complied with, and subsequent to the issue thereof, only essential services for emergency purposes were conducted at South Deep.
Normal winding operations have resumed at Kloof and Driefontein Gold Mines.
Gold Fields is committed to assisting the DME in its investigation into the accident at South Deep on May 1, 2008.
Enquiries Andrew Davidson Office 011-644-2638 Mobile 0826677203
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