| Fri 1 Feb 2008, 9:40 | | GFI - Gold Fields - Eskom Reinstates Authority for Mines to Increase |
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GFI
GOGOF
GFI - Gold Fields - Eskom Reinstates Authority for Mines to Increase
Power 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 Reinstates Authority for Mines to Increase Power Load from 80% to 90%
Johannesburg, Friday, February 1, 2008: Gold Fields Limited ("Gold Fields")
(NYSE, JSE, DIFX: GFI) reports that Eskom last night reinstated the
authorisation for mines to increase their power load from 80% to 90%. This
follows after authorisation was withdrawn late yesterday morning.
Gold Fields operations are cautiously remobilising towards the 90% level, with
due consideration for the safety implications of an erratic and uncertain power
supply.
Terence Goodlace, head of Gold Fields` South African operations said: "While we
welcome the reinstatement of the 90% power levels, we urgently need a guarantee
of a sustainable level of supply. We need to have a consistent guaranteed supply
to re-establish our operations safely at these levels."
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: 01/02/2008 09:40:04 Produced by the JSE SENS Department.
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