JOHANNESBURG, February 27, 2012 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI)
has announced its Mineral Resource and Mineral Reserve statement as
at 31 December 2011.
Gold Fields has total attributable precious metal and gold
equivalent Mineral Resources of 217.0 million ounces (31 December 2010: 225.4 million ounces) and
Mineral Reserves of 80.6 million ounces (76.7 million ounces). This
represents a 5% increase in Mineral Reserves after taking into
account the inventory mined during 2011 ("post depletion") and a 4%
decrease in Mineral Resources when compared to the December 2010 position.
"The improved Mineral Reserve position bodes well for our growth
ambition in line with our long-term target of 5 million
gold-equivalent ounces either in production or in development by
2015," says Nick Holland, CEO of
Gold Fields.
The full release and detailed tables are available on the
Gold Fields
website: http://www.goldfields.co.za
Notes to editors
About Gold Fields
Gold Fields is one of the world's largest unhedged producers of
gold with attributable annualised production of 3.5 million gold
equivalent ounces from eight operating mines in Australia, Ghana, Peru
and South Africa. Gold Fields also
has an extensive and diverse global growth pipeline with four major
projects in resource development and feasibility, with construction
decisions expected in the next 18 to 24 months. Gold Fields
has total attributable gold equivalent Mineral Reserves of 80.6
million ounces and Mineral Resources of 217 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).
Sponsor: J.P. Morgan Equities
Limited
Enquiries
Investor Enquiries
Zakira Amra
Tel +27-11-562-9775
Mobile +27-79-694-0267
email Zakira.Amra@goldfields.co.za
Willie Jacobsz
Tel +1-508-839-1188
Mobile +1-857-241-7127
email
Willie.Jacobsz@gfexpl.com
Media Enquiries
Sven Lunsche
Tel +27-11-562-9763
Mobile +27-83-260-9279
email Sven.Lunsche@goldfields.co.za
SOURCE Gold Fields Limited