| Thu 23 Sep 2010, 10:00 | | GFI - Gold Fields Limited - Gold Fields guidance for September quarter 2010 |
|
GFI
GOGOF
GFI - Gold Fields Limited - Gold Fields guidance for September quarter 2010
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
("Gold Fields" or "the Company")
JSE, NYSE, NASDAQ Dubai - Share Code: GFI
NYX Code: GFLB, and SWX Code: GOLI
ISIN: ZAE000018123
MEDIA RELEASE
GOLD FIELDS GUIDANCE FOR SEPTEMBER QUARTER 2010
Johannesburg, 23 September 2010 - Gold Fields Limited (Gold Fields) (JSE, NYSE,
NASDAQ Dubai: GFI) has announced that attributable Group production for the
September quarter 2010 is expected to be about 906,000 oz.
Total cash cost is expected to be approximately US$715/oz and notional cash
expenditure (NCE) about US$1,020/oz. NCE is in line with the higher capital
expenditure planned for the September and December quarters of 2010. Costs in
South Africa during the September quarter were also impacted by the winter
electricity tariffs. The guidance is based on an exchange rate of US$/R7.35 and
A$/US$0.88.
Nick Holland, Chief Executive Officer of Gold Fields, said: "We are pleased with
the progress we have made during the September quarter and are on track to
achieve our annual guidance for the 12 months to end-June 2011."
Gold Fields` September quarter results will be published on Thursday, 4 November
2010.
Notes to editors About Gold Fields
Gold Fields is one of the world`s largest unhedged producers of gold with
attributable production of 3.5 million gold equivalent 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 gold equivalent Mineral Reserves of 78 million ounces and Mineral
Resources of 281 million ounces. Gold Fields is listed on JSE Limited (primary
listing), the New York Stock Exchange (NYSE), the NASDAQ Dubai Limited, the
Euronext in Brussels (NYX) and the Swiss Exchange (SIX).
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562-9700
Fax +27 11 562-9838
www.goldfields.co.za
Enquiries
Investor Enquiries
Willie Jacobsz
Tel +508 839-1188
Mobile +857 241-7127
email Willie.Jacobsz@gfexpl.com
Nikki Catrakilis-Wagner
Tel +27 11 562-9706
Mobile +27 (0) 83 309-6720
email Nikki.Catrakilis-Wagner@
www.goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562-9763
Mobile +27 (0) 83 260 9279
email Sven.Lunsche@goldfields.co.za
Sponsor:
J.P. Morgan Equities Limited
Date: 23/09/2010 10:00:03 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.