| Thu 20 Dec 2007, 16:11 | | GFI - Gold Fields Limited - Media release |
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GFI
GOGOF
GFI - Gold Fields Limited - Media release
Gold Fields Limited
(Registration Number 1968/004880/06)
("Gold Fields")
Share Code: GFI
ISIN: ZAE000018123
MEDIA RELEASE
Gold Fields Updates Operational Guidance for Q2 F2008.
Johannesburg, 20 December 2007: Gold Fields Limited ("Gold Fields") (NYSE, JSE,
DIFX: GFI) today published an updated operational guidance statement for Q2
F2008.
Overall attributable production* for Q2 F2008 is expected to be down
approximately 3.5% compared to that reported for Q1 F2008 and group total cash
costs is expected to increase by approximately 8% in US$ terms and 3% in Rand
terms.
Production from the South African mines is expected to be down by approximately
7% against the production achieved for Q1 F2008, largely as a result of a
variety of safety related events including accidents, work stoppages and
suspensions of operations ordered by the Department of Minerals and Energy.
Attributable production from the International mines, excluding Choco 10, is
expected to increase by approximately 1.5%.
Gold Fields will publish its results for Q2 F2008 on Thursday, 31 January 2008.
*Choco 10, which was sold early in the quarter, will be accounted for as a
discontinued operation, and is excluded from all comparisons.
Gold Fields Limited is one of the world`s largest unhedged producers of gold
with attributable production of more than 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).
ENQUIRIES:
Willie Jacobsz +27 82 493 1377
williej@goldfields.co.za
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