| Thu 31 Jan 2008, 15:30 | | GFI - Gold Fields - Media Release - Eskom withdraws authorisation for mining |
|
GFI
GOGOF
GFI - Gold Fields - Media Release - Eskom withdraws authorisation for mining
industry to increase electricity load from 80% to 90%
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
Eskom Withdraws Authorisation for Mining Industry to Increase Electricity Load
From 80% to 90%
Johannesburg, Tuesday, January 31, 2008: Gold Fields Limited ("Gold Fields")
(NYSE, JSE, DIFX: GFI) is disappointed to confirm that Eskom has informed the
Company that authorisation to increase electricity load from 80% to 90% by this
evening, has been temporarily withdrawn in order to "protect further frequency
decay and system instability".
To comply with this instruction, and in the interest of safety, production at
Gold Fields` operations is being pulled back to the 80% power level.
ends
Enquiries
Willie Jacobsz
Tel: 011-644-2460
Mobile: 082 493 1377
About Gold Fields
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 from
eight operating mines in South Africa, Ghana and Australia.
A ninth mine, the Cerro Corona Gold/Copper mine in Peru, is expected to commence
production by mid 2008 at an initial rate of approximately 400,000 gold
equivalent ounces per annum.
The company has total attributable ore reserves of 92 million ounces and mineral
resources of 252 million ounces.
Gold Fields 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).
All of Gold Fields` operations are ISO14001 certified. For more information
please visit the Gold Fields website at www.goldfields.co.za.
Date: 31/01/2008 15:30:32 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.