Nov. 6, 2012
/CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that employees this morning returned to work at its KDC East Mine (formerly Kloof) to resume production after a 23-day strike. All three of Gold Fields' operating mines in
are now back in production.
The mine had dismissed 8,100 employees on
for participation in the unlawful strike over the preceding nine days. However, after a deal with the National Union of Mineworkers, the vast majority of them were reinstated to their previous positions. All employees are also eligible for benefits under the Chamber of Mines Settlement Agreement concluded on
25 October 2012
Notes to Editors
About Gold Fields
Gold Fields is one of the world's largest unhedged producers of gold with attributable annualised production of 3.5 million gold equivalent ounces from eight operating mines in
. Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility, with construction decisions expected in the next 18 to 24 months. Gold Fields has total attributable gold equivalent Mineral Reserves of 80.6 million ounces and Mineral Resources of 217 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in
(NYX) and the Swiss Exchange (SWX).
Sponsor: J.P. Morgan Equities Limited
SOURCE Gold Fields Limited