JOHANNESBURG, Sept. 25, 2012 /CNW/ - 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
SOURCE Gold Fields Limited