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GFI - Gold Fields Limited - Media Release -Fatalities at KDC Mine

Release Date: 07/04/2011 14:47
Code(s): GFI
Wrap Text

GFI - Gold Fields Limited - Media Release -Fatalities at KDC Mine Gold Fields Limited (Reg. No. 1968/004880/06) (Incorporated in the Republic of South Africa) Share Code: GFI ISIN Code: ZAE000018123 MEDIA RELEASE FATALITIES AT KDC MINE Johannesburg, 7 April 2011: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce the death of two mine workers at its KDC mine`s Masakhane shaft (formerly Driefontein 1 shaft) near Carletonville after a seismic-related accident. Another mine worker is seriously injured, two mine workers have been hospitalised and are in a stable condition, while nine were rescued with no or only minor injuries. The accident occurred after a seismic event at 2h44 measuring 2.4 on the Richter scale, about 2,600 metres below surface. The relevant authorities, including the Safety Inspectorate of the Department of Mineral Resources, were immediately notified. All workers were withdrawn from the reef horizon at the Masakhane shaft after the accident to conduct a detailed risk assessment of the area. A full investigation will follow to establish the causes of the accident. The rescue teams managed to bring eleven of the 14 workers from the affected panels quickly and safely to the surface, of whom two were hospitalised and four treated for minor injuries. Two of the remaining three workers succumbed to their injuries and the third worker is in a stable condition after suffering serious injuries from the fall of ground. Nick Holland, Chief Executive Officer of Gold Fields, said: "Our heartfelt condolences go out to family, friends and colleagues of the deceased. Management will do everything possible to support them in this hour of need." "The loss of life amongst our colleagues strengthens our resolve to improve the safety conditions at our mines. While we have made considerable progress in our quest to improve safety we still have some way to go. It remains my top priority to ensure that if we cannot mine safely we will not mine," Mr Holland added. The names of the deceased mine workers will be released once their next of kin have been informed. ends Notes to editors About Gold Fields Gold Fields is the world`s fourth largest gold producer with attributable production of 3.6 million gold equivalent ounces per annum from nine 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 various stages of development. Gold Fields has total attributable gold equivalent Mineral Reserves of 77 million ounces and Mineral Resources of 225 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), the NASDAQ Dubai Limited, the Euronext in Brussels (NYX) and the Swiss Exchange (SWX). Sponsor: J.P. Morgan Equities Limited 7 April 2011 Date: 07/04/2011 14:47:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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