JOHANNESBURG, September 10, 2012 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI)
regrets to announce that employees of the West Section of the KDC
Gold Mine (KDC West, formerly Driefontein) on the West Rand in
South Africa have been engaging in
an unlawful and unprotected strike since the start of the night
shift last night, Sunday, 9 September
2012. The strike continued into the morning shift today.
Approximately 15,000 employees are participating in the strike
and all production at KDC West has been suspended as a result.
The senior leadership of Gold Fields' South Africa Region and
KDC are on the mine engaging with the striking employees, the
various Unions and other structures, with a view to finding a
speedy and peaceful resolution to the unlawful strike.
Peter Turner, Executive Vice
President and Head of Gold Fields' South Africa Region, said: "At
this stage the reason for the strike remains unclear but we hope to
gain clarity as soon as possible. The situation on the mine has
been calm and peaceful since the start of the strike and we appeal
to all stakeholders to continue to act with restraint and to engage
in good faith. It is important that we restore normality in a
peaceful manner and as soon as possible."
The company will today apply for an urgent interdict to bring
the unlawful and unprotected strike to an end.
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
Investor Enquiries:
Willie Jacobsz
Senior Vice President
Head of Investor Relations and Corporate Affairs
USA Cell: +1-857-241-7127
RSA Cell: +27-82-971-9238
Email: willie.jacobsz@goldfields.co.za
Media Enquiries
Sven Lunsche
Vice President: Corporate Affairs
Cell: +27-83-260-9279
Email: sven.lunsche@goldfields.co.za
SOURCE Gold Fields Limited