JOHANNESBURG,
Sept. 10, 2012 /CNW/ - 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
SOURCE Gold Fields Limited