Directors: A J Wright (Chairman), N J Holland
†
(Chief Executive Officer), K Ansah
#
, T P Goodlace (Chief Operating Officer), J G Hopwood,
G Marcus, J M McMahon
†
, D N Murray, D M J Ncube, R L Pennant-Rea
†
, P J Ryan, C I von Christierson
†
British,
#
Ghanaian
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
Willie Jacobsz
Tel
+508 358-0188
Mobile +857 241-7127
MEDIA RELEASE
Gold Fields’ Operational Results for Q4 F2008 Will
Be Better than Expected
Johannesburg, June 25, 2008: Gold Fields Limited (“Gold Fields”)
(NYSE, JSE, DIFX: GFI) today announced that operational results for
Q4 F2008 will be better than the guidance provided on May 9, 2008.
Group attributable production for Q4 F2008 is expected to be up
approximately 4.5% compared to that reported for Q3 F2008.
South African production for Q4 F2008 is expected to be up by
approximately 6.6% against the production achieved for Q3 F2008,
which is better than the previous guidance of an improvement of
between 2% and 4%, due mainly to improved quality mining at Beatrix.
Attributable production from the International mines for Q4 F2008 is
expected to be flat, which is in line with previous guidance.
Preliminary indications are that group cash costs in US$ terms will be
similar to the previous quarter.
Gold Fields will publish its results for F2008 and Q4 F2008 on Friday,
August 1, 2008.
As previously guided, the Cerro Corona Project in Peru is on track to
commence production and the shipment of concentrate in Q1 F2009;
the two new underground mines at St Ives in Australia have been
commissioned and are in the process of build-up; and the CIL Plant
expansion at Tarkwa in Ghana is on track for completion and the
commencement of build-up in Q2 F2009.
All of these projects are expected to have reached full production by
the end of Q2 F2009, resulting in an increased production profile for
Gold Fields.
ends
Gold Fields Limited is one of the world’s largest unhedged producers of
gold with attributable production approaching four million ounces per
annum, total attributable ore reserves of 92 million ounces and mineral
resources of 252 million ounces. The Group employs some 47,000
permanent employees across its operations and is listed on the JSE
Limited South Africa (primary listing), the New York Stock Exchange
(NYSE) and the Dubai International Financial Exchange (DIFX).