JOHANNESBURG, September 25, 2012 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI)
regrets to confirm that, notwithstanding press reports to the
contrary, the unlawful and unprotected strike at the West Section
of the KDC Gold Mine (KDC West, formerly Driefontein) on the West
Rand in South Africa continues.
The strike started on 9 September
2012.
In addition the employees at the Beatrix Mine in the Free State
have also commenced with an unlawful and unprotected strike. The
strike started at the West Section of Beatrix (formerly Oryx Mine)
on Friday, 21 September 2012, and
spread to the rest of the mine on Monday, 24
September 2012.
The large majority of the 15,000 employees at KDC West and 9,000
employees at Beatrix are participating in the unlawful strikes and
production has been halted at both operations.
The Company has received urgent interdicts for KDC West as well
as Beatrix West, and is applying for
an interdict for the remainder of the Beatrix mine. The Company is
evaluating all options to deal with the unlawful strikes.
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
Willie Jacobsz
Tel: +27-11-562-9775 or +1-857-241-7127 (USA)
Mobile: +27-82-971-9238 (SA)
e-mail: Willie.Jacobsz@goldfields.co.za
Media Enquiries
Sven Lunsche
Tel: +27-11-562-9763
Mobile: +27-83-260-9279
e-mail: Sven.Lunsche@goldfields.co.za
SOURCE Gold Fields Limited