| Tue 2 Mar 2010, 15:09 | | GFI - Gold Fields Limited - NUM Withdraws Strike Notice On Gold Fields |
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GFI
GOGOF
GFI - Gold Fields Limited - NUM Withdraws Strike Notice On Gold Fields
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
MEDIA RELEASE
NUM WITHDRAWS STRIKE NOTICE ON GOLD FIELDS
Johannesburg, 2 March 2010: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ
Dubai: GFI) today received notice from the National Union of Mineworkers (NUM)
that it is withdrawing its notice to embark on strike action across all Gold
Fields` operations in South Africa.
Gold Fields and the NUM have agreed on a process during which issues related to
the compulsory Functional Work Capacity Testing System will be negotiated.
Vishnu Pillay, Executive Vice-President and Head of Gold Fields` South African
operations, commented: "We welcome the NUM`s commitment to ongoing negotiations
and will engage with them to find a suitable work capacity testing system that
meets the requirements of our company, the trade unions and is compliant with
mine health and safety legislation."
ends
About Gold Fields
Gold Fields is one of the world`s largest unhedged producers of gold with
attributable production of 3.6 million ounces* per annum from nine operating
mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an
extensive growth pipeline with both greenfields and near mine exploration
projects at various stages of development. Gold Fields has total attributable
Mineral Reserves of 81 million ounces and Mineral Resources of 271 million
ounces. Gold Fields is listed on JSE Limited (primary listing), the New York
Stock Exchange (NYSE), the Dubai International Financial Exchange (DIFX), the
Euronext in Brussels (NYX) and the Swiss Exchange (SWX). For more information
please visit the Gold Fields website at www.goldfields.co.za.
*Based on the annualised run rate for the fourth quarter of F2009
Date: 02/03/2010 15:09:03 Produced by the JSE SENS Department.
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