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MEDIA RELEASE - TARKWA GOLD MINE HEAP LEACH FACILITIES RESUME OPERATIONS
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
M E D I A R E L E A S E
TARKWA GOLD MINE HEAP LEACH FACILITIES RESUME OPERATIONS
Johannesburg, 10 August 2012: Further to our statement on 26 July
2012, Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai:
GFI) is pleased to announce that the Environmental Protection Agency
(EPA) of Ghana on 9 August 2012 lifted the temporary suspension on
Tarkwa Gold Mine’s (Tarkwa) heap leach facilities.
Tarkwa reopened both the North and South Heap Leach facilities on the
evening of 9 August 2012 after they were closed on 16 July 2012 to
comply with an EPA directive that water discharges should be passed
through a water treatment plant to reduce conductivity levels (a
measure of the amount of dissolved salts in discharged water).
Although Gold Fields believes that Tarkwa was complying with the
prescribed conductivity levels in its water discharges, it has
nonetheless commissioned the construction of two water treatment
plants at the heap leach facilities. This is in pursuit of
environmental best practice and in compliance with the directive.
The plants are expected to be operational before the end of 2012.
In the meantime, as agreed with the Ghana Ministry of Environment,
Science & Technology and the EPA, Tarkwa will continue to dilute and
discharge excess water in a controlled manner while the plants are
being built. Tarkwa will also submit monthly progress reports on the
construction of the plants to the EPA.
The estimated impact on gold production as a result of the temporary
closure is around 15,000 ounces, which is less than 10% of the mine’s
quarterly production. Tarkwa’s Carbon-in-Leach plant, which produces
about 75% of the gold at the mine, was not affected.
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562 9700
Fax +27 11 562 9838
www.goldfields.co.za
Investor Enquiries
Willie Jacobsz
Tel +27 11 562 9775
Mobile +27 82 971 9238 (SA)
Mobile +1 857 241 7127 (USA)
E-mail Willie.Jacobsz@goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562 9763
Mobile +27 83 260 9279
E-mail Sven.Lunsche@goldfields.co.za
Media Enquiries Ghana
Sharda Naidoo
Mobile +27 83 560 1769
E-mail Sharda.Naidoo@goldfields.co.za
Sponsor:
J.P. Morgan Equities Limited
Notes to editors
About Gold Fields
Gold Fields is one of the world’s largest unhedged producers of gold
with attributable annualised production of 3.5 million gold
equivalent ounces from eight operating mines in Australia, Ghana,
Peru and South Africa. Gold Fields also has an extensive and diverse
global growth pipeline with four major projects in resource
development and feasibility, with construction decisions expected in
the next 18 to 24 months. Gold Fields has total attributable gold
equivalent Mineral Reserves of 80.6 million ounces and Mineral
Resources of 217 million ounces. Gold Fields is listed on the JSE
Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ
Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange
(SWX).
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