GOLD FIELDS LIMITED - MEDIA RELEASE
DRIEFONTEIN GOLD MINE TO RESUME PRODUCTION
Johannesburg, 23 June 2009: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) confirms that its Driefontein Gold Mine is expected to resume full production with the start of the afternoon shift today. This follows the conclusion of the initial onsite investigation by mine management and the Safety Inspectorate of the Department of Minerals and Resources.
The mine was closed after five employees were trapped underground after a fall of ground accident caused by a seismic event that measured 3.5 on the Richter scale at approximately 10am on Saturday morning, 20 June 2009.
Two of the five trapped employees regrettably lost their lives as a result of injuries sustained during the accident. Following a massive rescue operation in which approximately 200 rescue workers participated, the remaining three miners were rescued by early Saturday evening. The rescued miners are in a stable condition and recovering in hospital.
Nick Holland, Chief Executive Officer of Gold Fields, said: �We are deeply saddened by this tragic accident. We have expressed our deepest condolences to the families of the deceased and we are providing them with all the support possible.�
Holland adds: �This accident strengthens our resolve not to mine if we cannot mine safely. We remain focused on eliminating all serious accidents on our mines.�
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Enquiries:
Willie Jacobsz
Mobile: +857 241-7127
Nikki Catrakilis-Wagner
Mobile: +27 (0) 83 309 6720
About Gold Fields
Gold Fields Limited is one of the world�s largest unhedged producers of gold with attributable steady state production of approximately 4 million ounces per annum from nine operating mines in South Africa, Peru, Ghana and Australia. 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), NASDAQ Dubai Limited (NASDAQ Dubai), NYSE Euronext in Brussels (NYX) and Swiss Exchange (SWX). For more information please visit the Gold Fields website at www.goldfields.co.za.
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Gold Fields ltd
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PRODUCER |
CODE : GFI |
ISIN : US38059T1060 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Fields is a gold producing company based in South africa. Gold Fields produces gold, copper in Australia, in Ghana, in Peru and in South Africa, develops gold in Mali, and holds various exploration projects in Peru. Its main assets in production are ST IVES MINE and AGNEW in Australia, BEATRIX MINE, DRIEFONTEIN, KLOOF MINE, SOUTH DEEP, KLOOF and BEATRIX in South Africa, DAMANG, TARKWA and DAMANG PROJECT in Ghana and CERRO CORONA in Peru, its main asset in development is KOMANA in Mali and its main exploration properties are LOBO in Philippines and CHUCAPACA and CANAHUIRE in Peru. Gold Fields is listed in France, in South Africa and in United States of America. Its market capitalisation is US$ 11.7 billions as of today (€ 10.5 billions). Its stock quote reached its lowest recent point on November 10, 2000 at US$ 1.69, and its highest recent level on September 13, 2024 at US$ 14.21. Gold Fields has 821 530 048 shares outstanding. |