GFI - Gold Fields Limited - Mining And Processing Suspended At All
GFI
GOGOF
GFI - Gold Fields Limited - Mining And Processing Suspended At All
South African Operations
Media Release
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
("Gold Fields" or "the Company")
MEDIA RELEASE
MINING AND PROCESSING SUSPENDED AT ALL SOUTH AFRICAN OPERATIONS
Johannesburg, Friday, January 25, 2008: Gold Fields Limited ("Gold Fields")
(NYSE, JSE, DIFX: GFI) reports all mining activities have been suspended at its
South African Operations.
This is due to Eskom requesting their Key Industrial Consumers (KIC) of which
Gold Fields is one, to reduce its consumption to the minimum load possible. This
communication was received yesterday evening.
A decision was taken to put no shifts down last night and no shifts were put
down this morning. Eskom has indicated that "KIC loads will be reduced to
`survival levels` or switched out totally for the next two to four weeks".
"This will have a serious effect on the South African operations and will
negatively affect our gold production. The South African Operations produce
approximately 7000 ounces per day. We are looking at ways to continue operations
and will work closely with Eskom to try and resolve this problem" said Ian
Cockerill, Chief Executive Officer of Gold Fields.
ends
Enquiries:
Willie Jacobsz
Tel: 011 644 2460
Mobile: 082 493 1377
25 January 2008
Date: 25/01/2008 12:46:02 Produced by the JSE SENS Department.
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