Gold Fields Suspends South Deep Operations after Fatality
September 12 2016 - 5:39AM
Dow Jones News
By Alex MacDonald
LONDON--Gold Fields Ltd.(GFI) said Monday that it has suspended
operations at its South Deep mine in South Africa after a 1.5
magnitude earthquake led to the death of one of its employees at
the mine.
Gold Fields said the mining activities will remain suspended due
to continuing seismic activity in the area and until an on-site
inspection of its operations has been concluded.
Gold production at South Deep increased 87% to 140,000 ounces in
the first half of the year from 75,000 ounces in the first half the
previous year.
Gold Field shares were down 2.9% at ZAR73.06 a share, or $5.05 a
share, Monday.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
September 12, 2016 05:24 ET (09:24 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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