GFI
GOGOF
GFI - Gold Fields Limited - Gold Fields guidance for June 2011 quarter
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
MEDIA RELEASE
GOLD FIELDS GUIDANCE FOR JUNE 2011 QUARTER
Johannesburg, 5 July 2011: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ
Dubai: GFI) today announced that attributable Group production for the June
quarter (Q2 2011) is expected to be approximately 872,000 gold equivalent
ounces, which is 5% higher than the previous quarter (Q1 2011 - 830,000oz).
During Q2 2011 production from the South Africa Region was impacted by six
public holidays as well as two significant seismic-related accidents at the KDC
(Kloof Driefontein Complex) mine, which resulted in production stoppages due to
safety interventions. In the Australasia Region production was affected by a
week-long, unplanned mill-outage at St Ives. Remedial actions in respect of the
seismic-related accidents and the unplanned mill-outage were satisfactorily
completed during the latter part of Q2 2011.
Total cash costs and notional cash expenditure (NCE) are expected to be
approximately US$815/oz (R175,000/kg) and US$1,185/oz (R260,000/kg)
respectively.
The full results for Q2 2011 and first half 2011 will be published on Thursday,
11 August 2011.
Notes to editors
About Gold Fields
Gold Fields is one of the world`s largest unhedged producers of gold with
attributable annualised production of 3.6 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 76.7 million ounces and Mineral Resources of
225.4 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 Exchange (SWX).
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.co.za
Enquiries
Investor Enquiries
Zakira Amra
Tel +27 11 562-9775
Mobile +27 79 694-0267
email Zakira.Amra@goldfields.co.za
Nikki Catrakilis-Wagner
Tel +27 11 562-9706
Mobile +27 83 309-6720
email Nikki.Catrakilis-Wagner@goldfields.co.za
Willie Jacobsz
Tel +508 839-1188
Mobile +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
Sponsor:
J.P. Morgan Equities Limited
Date: 05/07/2011 10:12:01 Produced by the JSE SENS Department.
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