Directors: A J Wright (Chairman), I D Cockerill
†
(Chief Executive Officer),K Ansah
#
, A Grigorian°, N J Holland
†
(Chief Financial Officer), G Marcus,
J M McMahon
†
, J G Hopwood, D M J Ncube, R L Pennant-Rea
†
, P J Ryan, T M G Sexwale, C I von Christierson
†
British,
#
Ghanaian, °Russian
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Fax +27 11 484-0639
www.goldfields.co.za
Enquires
South Africa
Andrew Davidson
Tel +27 11 644-2638
Fax +27 11 484-0639
Andrew.davidson@goldfields.co.za
Nerina Bodasing
Tel +27 11 644-2630
Fax +27 11 484-0639
Nerina.bodasing@goldfields.co.za
MEDIA RELEASE
Gold Fields announces total attributable Mineral
Resources of 251.7 million ounces and Ore
Reserves of 93.8 million ounces
Johannesburg, 6 June 2007: Gold Fields Limited (“Gold Fields”)
(NYSE, JSE, DIFX: GFI) today published its Mineral Resource and Ore
Reserve Statement for the 12 month period to 31 December 2006.
Total attributable precious metal Mineral Resources, inclusive of Ore
Reserves, increased by 40% to 251.7 million ounces and total
attributable Ore Reserves increased by 44% to 93.8 million ounces.
Both numbers are net of 12 months’ depletion and include the
acquisition of South Deep gold mine.
Ian Cockerill, Chief Executive Officer of Gold Fields said:
“We are pleased to be able to announce such a strong Resource and
Reserve Statement that significantly increases our overall position, not
only replacing the Reserves that we have mined but also helping to
grow Gold Fields and underpin our strategic focus on securing the
future.”
“Guided by our commitment to Corporate Governance, the consistency
in reporting among our operating mines and compliance with public
and internal regulatory codes of practice are paramount. The Mineral
Resource Management processes utilised by the Group continue to
improve through enhanced competent persons reporting. Gold Fields’
Resource and Reserve Statement has been audited by a leading
independent global mining consultancy and is SAMREC compliant and
aligned to the requirements of the Sarbanes-Oxley Act.”
Mineral Resources were calculated using a gold price of R135,000/kg
in South Africa; A$875/oz in Australia; and US$650/oz in Ghana,
Venezuela and Peru.
Ore Reserves were calculated using a gold price of R100,000/kg in
South Africa; A$650/oz in Australia; and US$500/oz in Ghana,
Venezuela and Peru, as per SEC guidelines.
The full Mineral Resource and Ore Reserve declaration
Supplement is available on the Gold Fields website at
www.goldfields.co.za
-ends-