JOHANNESBURG, Feb. 24, 2014 /CNW/ - Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce
its Mineral Reserve and Mineral Resource declaration as at
31 December 2013.
Gold Fields' managed gold Mineral Resources totalled 136.7
million ounces (December 2012: 149.3
million ounces) and Mineral Reserves 52.6 million ounces
(December 2012: 59.4 million
ounces).
The decline in the Group's Mineral Reserves is mainly
attributable to a US$1,300/oz gold
price used compared with the US$1,500/oz gold price used in the December 2012 declaration. Other than price
impacts, mining depletion of 2.3 million ounces was the main
contributor to the change in Mineral Reserves.
Full media release is available on the
company website
at http://www.goldfields.co.za
Notes to editors
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified
producer of gold with eight operating mines in Australia, Ghana, Peru
and South Africa. In February 2013 Gold Fields unbundled its KDC and
Beatrix mines in South Africa into
an independent and separately listed company, Sibanye
Gold. In October 2013
Gold Fields acquired Barrick Gold's
Granny Smith, Lawlers and Darlot Gold
Mines in Western Australia.
Gold Fields subsequently has attributable annual production of
approximately 2.2 million ounces of gold, managed gold Mineral
Reserves of approximately 59 million ounces and managed gold
Mineral Resources of approximately 137 million ounces. Gold Fields
has a primary listing on the JSE Limited, with secondary listings
on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited,
Euronext in Brussels (NYX) and the
Swiss Exchange (SWX).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
SOURCE Gold Fields Limited