Gold Fields Limited: South Deep Section 54 Lifted, Operations Resumed
JOHANNESBURG, June 2, 2014 /PRNewswire/ –
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.
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
Investors Willie Jacobsz Mobile: +27-82-971-9238 (SA) Mobile: +1-857-241-7127 (USA) email: Willie.Jacobsz@goldfields.co.za Media Sven Lunsche Tel: +27-11-562-9763 Mobile: +27-83-260-9279 email: Sven.Lunsche@goldfields.co.za
SOURCE Gold Fields Limited