Gold Fields Appoints Paul Schmidt as Chief Financial Officer
January 14 2009 - 5:25AM
PR Newswire (US)
JOHANNESBURG, January 14 /PRNewswire-FirstCall/ -- Gold Fields
Limited (Gold Fields) (NYSE, JSE, DIFX: GFI) is pleased to announce
the appointment of Paul Schmidt CA (SA) as chief financial officer
of the Group, a position in which he has acted since May 2008. Paul
is a chartered accountant with eighteen years of industry
experience. He spent six years with Deloitte auditing mainly
clients in the gold mining industry. He joined Gengold, part of the
Gencor group, in 1996 as an assistant financial manager at the St
Helena Gold Mine where he worked for three years, gaining valuable
operational experience. He was promoted to the Gold Fields
corporate office as financial manager in 1999, and to the position
of group financial controller in April 2003. Gold Fields' chief
executive officer, Nick Holland, said: "Over the past eight months
Paul has acted with distinction in the role of chief financial
officer. His twelve years of experience in senior operational and
executive positions, and his deep knowledge of the Group, equips
him well for his new role. As group financial controller he gained
extensive international experience and was involved in all
corporate financial activities of the Group. His appointment
follows an extensive local and international search." The
appointment is effective from 1 January 2009. About Gold Fields
Gold Fields Limited is one of the world's largest unhedged
producers of gold with attributable production of 3,64 million
ounces per annum from eight operating mines in South Africa, Ghana
and Australia. A ninth mine, Cerro Corona Gold/Copper mine in Peru,
commenced production in August 2008 at an initial rate of
approximately 375,000 gold equivalent ounces per annum. Gold Fields
aims to reach a production rate of approximately 4.0 million ounces
per annum during the March quarter of 2009. The company has total
attributable ore reserves of 83 million ounces and mineral
resources of 251 million ounces. Gold Fields is listed on the JSE
Limited (primary listing), New York Stock Exchange (NYSE) and Dubai
International Financial Exchange (DIFX) New Euronext in Brussels
(NYX) and Swiss Exchange (SWX). For more information please visit
the Gold Fields website at http://www.goldfields.co.za/.
DATASOURCE: Gold Fields Limited CONTACT: Enquiries: Willie Jacobsz,
Mobile: +857 241-7127, Marritt Claassens, Mobile: +27(0)82-307-3297
Copyright