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GOLD FIELDS LIMITED - Media release - South Deep Section 54 lifted, operations resumed

Release Date: 02/06/2014 10:50
Code(s): GFI     PDF:  
Wrap Text
Media release - South Deep Section 54 lifted,
operations resumed

Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
(“Gold Fields” or “the Company”)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code: ZAE000018123

Media release - South Deep Section 54 lifted,
operations resumed

Johannesburg, 2 June 2014: 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.

Enquiries

Investor contacts:

Willie Jacobsz      Phone: RSA +27 82 971 9238 | USA
+1 857 241 7127| email: willie.jacobsz@goldfields.co.za
Media contact:
Sven Lunsche Phone: RSA +27 83 260-9279
email: sven.lunsche@goldfields.co.za
ends
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

Date: 02/06/2014 10:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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