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GOLD FIELDS LIMITED - Reaches Three-Year Wage Agreement At South Deep Mine

Release Date: 10/04/2015 14:05
Code(s): GFI     PDF:  
Wrap Text
Reaches Three-Year Wage Agreement At South Deep Mine

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

M E D I A      R E L E A S E


Gold Fields Reaches Three-Year Wage Agreement At South Deep Mine


Johannesburg, 10 April 2015: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is
pleased to announce that it has reached a three-year wage and other conditions of employment
agreement with its registered trade unions at its South Deep mine in South Africa.

The agreement, which was signed with the National Union of Mineworkers and UASA today, will result
in average annual wage increases of 10% over the three-year period of the deal. The first increase will
take effect on 1 April 2015.

The negotiations took place at a company-level in recognition of South Deep’s significantly different
operating model and labour profile to that of the other gold mining companies in South Africa. South
Deep is the only fully mechanised gold mining operation in South Africa and it employs a small, skilled
complement of approximately 3,500 employees.

As such, Gold Fields has had to give due consideration to the scarcity of mechanised mining skills in
South Africa and has taken a holistic approach in its negotiations with labour.


Enquiries

Investors

Avishkar Nagaser
Tel: +27 11 562-9775
Mobile: +27 82 312 8692
Email : Avishkar.Nagaser@goldfields.co.za

Willie Jacobsz
Tel: +1 617 535 7545
Mobile: +1 857 241 7127
Email: Willie.Jacobsz@gfexpl.com

Media
Sven Lunsche
Tel: +27 11 562-9763
Mobile: +27 83 260 9279
Email : Sven.Lunsche@goldfields.co.za



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 with attributable annual gold production of approximately 2.2
million ounces. It has attributable Mineral Reserves of around 48 million ounces and Mineral Resources
of around 108 million ounces. Attributable copper Mineral Reserves total 620 million pounds and
Mineral Resources 6,873 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 and the Swiss
Exchange (SWX).

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

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.com

Investor Enquiries

Avishkar Nagaser
Tel    +27 11 562 9775
Mobile +27 82 312 8692
Email Avishkar Nagaser@goldfields.co.za

Willie Jacobsz
Tel      +1 617 535 7545
Mobile +1 857 241 7127
Email Willie.Jacobsz@gfexpl.com

Media Enquiries

Sven Lunsche
Tel    +27 11 562 9763
Mobile +27 83 260 9279
Email Sven.Lunsche@goldfields.co.za

Date: 10/04/2015 02:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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