JOHANNESBURG, Feb. 13, 2013 /CNW/ - The Chair of Gold Fields
Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI), Dr Mamphela
Ramphele, has announced her resignation from the Company's Board of
Directors with immediate effect. Dr Ramphele has decided to retire
as Chair to further her socio-economic and political work. She has
resigned from most of her private sector directorships and will
relinquish all other remaining private sector directorships and
positions to focus on these activities.
Gold Fields' non-executive director, Cheryl Carolus, will succeed Dr Ramphele as
Chair of the Company with immediate effect. Ms Carolus was
appointed a director of Gold Fields on 10
March 2009. She is Executive Chair of Peotona Group Holdings
Ltd and is a director of Investec and De Beers, amongst others.
Dr Ramphele said: "I am pleased that during my tenure at Gold
Fields significant progress has been made in entrenching the
sustainability of the Company's operations worldwide. I also
believe that the separate listing and unbundling of the Company's
KDC and Beatrix mines into Sibanye Gold will provide the South
African operations with the dedicated and focused management as
well as full control over their cash flows to extend their life of
mine in a sustainable manner to the benefit of investors, employees
and communities.
"I would like to thank my fellow directors and the Gold Fields
management team, led by CEO Nick
Holland, for their support over the past two-and-a-half
years. It's been a privilege working with them," Dr Ramphele
said.
Dr Ramphele was appointed to the Board of Gold Fields Limited on
1 July 2010 and chaired the Board
from 2 November 2010. She also served
on various Board Committees during her tenure.
The Board and management of Gold Fields thank Dr Ramphele for
her significant contribution to the Company and her leadership of
the Board and wish her every success in her new ventures.
Notes to editors
About Gold Fields
Gold Fields is a significant unhedged producer of gold with
attributable annualised production of 2.1 million gold equivalent
ounces from six operating mines in Australia, Ghana, Peru
and South Africa. Gold Fields also
has an extensive and diverse global growth pipeline with four major
projects at resource development and feasibility level. Gold Fields
International has total managed gold-equivalent Mineral Reserves of
64 million ounces and Mineral Resources of 155 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).
In February 2012, Gold Fields
unbundled its KDC and Beatrix mines in South Africa into a separately listed company,
Sibanye Gold.
Sponsor: J.P. Morgan Equities Limited
SOURCE Gold Fields Limited