JOHANNESBURG, Oct. 18, 2012 /CNW/ - Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) confirms that approximately
11,000 striking employees at KDC West today reported for work
before the deadline of 14h00.
Approximately 1,500 employees who did not report for work before
the deadline are deemed dismissed. The dismissed workers have 24
hours within which to lodge appeals against their dismissals.
KDC West has a workforce of 14,300. The balance of 1,800 people
did not participate in the strike.
Gold Fields, on Monday, 16 October,
2012, issued a final ultimatum to striking employees at KDC
West and Beatrix, to present themselves for work by no later than
14h00 today, Thursday, 18 October,
2012, or face immediate dismissal.
Employees at Beatrix 1, 2 and 3 Shafts returned to work
yesterday while those at Beatrix 4 Shaft returned this morning. At
KDC East, which was not covered by this ultimatum, 8,000 employees
remain on strike.
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