| Fri 1 Oct 2010, 15:33 | | GFI - Gold Fields - Gold Fields` Opens New Housing Complex |
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GFI
GOGOF
GFI - Gold Fields - Gold Fields` Opens New Housing Complex
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` OPENS NEW HOUSING COMPLEX
Johannesburg, 1 October 2010: Gold Fields Limited (Gold Fields) (JSE,
NYSE, NASDAQ Dubai: GFI) today opened a new employee housing project in
the Glenharvie community near its Kloof Gold Mine as part of its R550-
million, five year housing programme. The new Grootkloof complex,
representing an investment of R25-million, will offer housing
accommodation to approximately 100 Kloof employees and their families.
The complex is an integral part of Gold Fields` continuing programme to
renovate housing, construct new family homes and upgrade and de-densify
our high-density accommodation. Significant progress has been made in
this regard: at present room density in the hostels is just over two per
room, from eight per room in 2006. Around 21,000 employees are
accommodated by Gold Fields in high-density accommodation.
The Employee Housing Programme is part of Gold Fields` total wellbeing
programme called "24 Hours in the Life of a Gold Fields Employee in the
South African Region". This programme is designed to improve every facet
of the health and well-being of employees, and addresses the key issues
of safe production, healthcare, nutrition, accommodation, sport and
recreation as well as education and training.
Gold Fields Chief Executive Officer, Nick Holland, said: "The well-being
of our employees is one of the company`s highest priorities and good
accommodation is a fundamental requirement for total well-being and
quality of life. These family homes are a key component of our wide-
ranging employee housing programme, which also includes the renovation
of houses and the upgrading of single accommodation villages into
modern, high quality living units."
Notes to editors
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
Date: 01/10/2010 15:33:06 Produced by the JSE SENS Department.
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