JOHANNESBURG, June 2, 2014 /CNW/ - Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI) hereby advises that the
South Deep Project in South Africa
is today again operational after the Section 54 order, issued by
the Department of Mineral Resources (DMR) on 27 May 2014, has been lifted. The DMR issued the
Section 54 order after an in loco inspection into the
circumstances surrounding two separate fatal accidents on 17 and
27 May, 2014, placing a moratorium on
all workshop-related activities across the mine and effectively
bringing all production to a halt.
The Section 54 order was lifted after the completion of a report
back to the DMR, in terms of Section 11(5) of the Mines Health and
Safety Act, on Friday evening, 30 May
2014, subject to the implementation of a number of specific
remedial actions and instructions. Operations resumed in the Twin
Shaft area with the commencement of the evening shift on Sunday
evening and in the South Shaft area with the start of day shift
this morning.
Following the lifting of the Section 54 order and the resumption
of operations, the focus at South Deep for the next three to four
months will be on the satisfactory completion of the secondary
support backlog announced last week, with a view to returning the
mine to normal production as soon as possible.
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 mature,
underground KDC and Beatrix mines in South Africa into an independent and
separately listed company, Sibanye Gold. In October 2013, it expanded its presence in
Western Australia by acquiring the
Granny Smith, Lawlers and Darlot mines (known as the Yilgarn South
Assets) from Barrick
Gold.
Gold Fields has attributable annual gold production of
approximately 2.02 million ounces, as well as attributable Mineral
Reserves of around 49 million ounces and Mineral Resources of about
113 million ounces. Attributable copper Mineral Reserves total 708
million pounds and Mineral Resources 7,120 million pounds. 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