| Mon 15 Apr 2002, 0:00 | | Froneman Joins Gold Fields To Head Up Kloof Divis |
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Gold Fields Limited/JCI Gold Limited
Joint Press Release
Froneman Joins Gold Fields To Head Up Kloof Division
Johannesburg, Monday 15 April 2002: Gold Fields Limited ("Gold Fields") and
JCI Gold Limited ("JCI Gold") are pleased to announce that Neal Froneman has
joined Gold Fields as Vice President and Head of Operations of the Kloof
Division, with immediate effect.
This follows the completion of the work done on the restructuring of JCI
Gold into a resource finance company. Roger Kebble, Chairman of JCI Gold
said: "Neal played an important role in the investigation of the Freegold
assets and, since JCI Gold will not be focused on operating assets, his
talents will be better utilized at Gold Fields".
Ian Cockerill, Managing Director and Chief Operating Officer of Gold Fields,
said: "We are delighted that Neal has agreed to join Gold Fields. He is a
seasoned and highly skilled mine operator and will add further depth to an
already strong management team at the Kloof Division."
Neal takes over from Howard Laycock who moves to the Gold Fields Corporate
Office to head up the Technical Services Division. "In his new role, Howard
will have the opportunity to apply his vast knowledge of and experience in
gold mining to the further development and strengthening of the specialist
technical disciplines within Gold Fields", said Cockerill.
end
ENQUIRIES:
Gold Fields
Willie Jacobsz (011) 644-2460 (Office) 082-493-
1377 (Mobile)
JCI Gold
George Poole (011) 688-5012 (Office) 082-650-
8942 (Mobile)
Management Changes at Gold Fields Limited
MEDIA RELEASE
Johannesburg, Monday, 15 April, 2002: Gold Fields Limited (Nasdaq - GOLD and
JSE - GFI) today announced its new management structure and associated
appointments and changes in title, effective 15 April, 2002.
This follows the announcement on 4 March, 2002 that Ian Cockerill will, as
part of a planned succession, become President and Chief Executive Officer
following the retirement of Chris Thompson on 30 June, 2002. Chris will
retain the position of non-executive Chairman of the Board of Directors.
Gold Fields Corporate Executive Team
Reporting to Ian Cockerill:
Nick Holland, Chief Financial Officer;
Mike Prinsloo, Executive Vice President and Head of South African
Operations;
Craig Nelsen, Executive Vice President: Exploration;
John Munro, Senior Vice President and Head of International Operations;
Jimmy Dowsley, Senior Vice-President: Corporate Development;
Mike Adan, Senior Vice President: Human Resources;
Terence Goodlace, Senior Vice President: Strategic Planning;
Willie Jacobsz, Senior Vice President: Investor Relations and Corporate
Affairs.
Consequential Operational Appointments
Reporting to Mike Prinsloo:
Derrick Steyn takes over from Mike Prinsloo as Vice President and Head of
Operations: Driefontein Division. Derrick was previously Senior Technical
Manager at Driefontein.
Howard Laycock moves to the Gold Fields Corporate Office where he takes over
as Vice President: Technical Services from Brendan Walker.
Dana Roets will remain as Vice President and Head of Operations: Free State
Division.
In a separate press release today, it was announced that Neal Froneman had
joined Gold Fields to take over from Howard Laycock as Vice President and
Head of Operations: Kloof Division.
Brendan Walker has moved to Ghana as Vice President: Projects, reporting to
Dick Greame, Vice President and Head of Operations: Gold Fields Ghana.
Chris said: " I believe that Gold Fields now has an unparalleled management
team and is well structured to take on the challenges of the next few years
under Ian. The team has all the necessary skills to continue on the
successes to date. This will work."
Ian said: "All of the appointees are experienced members of the current Gold
Fields leadership team. In addition Neal joins Gold Fields with an excellent
track record as a mine operator. As a team we aim to build on the
achievements of the past four years and to continue delivering superior
returns to our shareholders".
Gold Fields Limited produces approximately 4.5 million ounces of gold
annually from operations in South Africa, Ghana and Australia. The company
has proven and probable reserves of approximately 84.5 million ounces and
resources of approximately 150.7 million ounces. It also has a 51% stake in
an advanced stage exploration project, the Arctic Platinum Partnership, in
Finland. Gold Fields trades on the Johannesburg Stock Exchange (GFI) as well
as on the NASDAQ (GOLD), London, Paris, Brussels and Swiss stock exchanges.
end
