Gold Fields Limited: KDC West Embarks on an Unlawful and Unprotected Strike
JOHANNESBURG, September 10, 2012 /PRNewswire/ –
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce
that employees of the West Section of the KDC Gold Mine (KDC West, formerly Driefontein)
on the West Rand in South Africa have been engaging in an unlawful and unprotected strike
since the start of the night shift last night, Sunday, 9 September 2012. The strike
continued into the morning shift today.
Approximately 15,000 employees are participating in the strike and all production at
KDC West has been suspended as a result.
The senior leadership of Gold Fields’ South Africa Region and KDC are on the mine
engaging with the striking employees, the various Unions and other structures, with a view
to finding a speedy and peaceful resolution to the unlawful strike.
Peter Turner, Executive Vice President and Head of Gold Fields’ South Africa Region,
said: “At this stage the reason for the strike remains unclear but we hope to gain clarity
as soon as possible. The situation on the mine has been calm and peaceful since the start
of the strike and we appeal to all stakeholders to continue to act with restraint and to
engage in good faith. It is important that we restore normality in a peaceful manner and
as soon as possible.”
The company will today apply for an urgent interdict to bring the unlawful and
unprotected strike to an end.
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
Sponsor: J.P. Morgan Equities Limited
Investor Enquiries: Willie Jacobsz Senior Vice President Head of Investor Relations and Corporate Affairs USA Cell: +1-857-241-7127 RSA Cell: +27-82-971-9238 Email: firstname.lastname@example.org Media Enquiries Sven Lunsche Vice President: Corporate Affairs Cell: +27-83-260-9279 Email: email@example.com
SOURCE Gold Fields Limited