JOHANNESBURG, Feb. 13, 2013 /CNW/ - The Chair of Gold Fields Limited (Gold
Fields) (JSE, NYSE, NASDAQ Dubai: GFI), Dr Mamphela Ramphele, has announced
her resignation from the Company's Board of Directors with immediate effect.
Dr Ramphele has decided to retire as Chair to further her socio-economic and
political work. She has resigned from most of her private sector directorships
and will relinquish all other remaining private sector directorships and
positions to focus on these activities.
Gold Fields' non-executive director, Cheryl Carolus, will succeed Dr Ramphele
as Chair of the Company with immediate effect. Ms Carolus was appointed a
director of Gold Fields on 10 March 2009. She is Executive Chair of Peotona
Group Holdings Ltd and is a director of Investec and De Beers, amongst others.
Dr Ramphele said: "I am pleased that during my tenure at Gold Fields
significant progress has been made in entrenching the sustainability of the
Company's operations worldwide. I also believe that the separate listing and
unbundling of the Company's KDC and Beatrix mines into Sibanye Gold will
provide the South African operations with the dedicated and focused management
as well as full control over their cash flows to extend their life of mine in
a sustainable manner to the benefit of investors, employees and communities.
"I would like to thank my fellow directors and the Gold Fields management
team, led by CEO Nick Holland, for their support over the past two-and-a-half
years. It's been a privilege working with them," Dr Ramphele said.
Dr Ramphele was appointed to the Board of Gold Fields Limited on 1 July 2010
and chaired the Board from 2 November 2010. She also served on various Board
Committees during her tenure.
The Board and management of Gold Fields thank Dr Ramphele for her significant
contribution to the Company and her leadership of the Board and wish her every
success in her new ventures.
Notes to editors
About Gold Fields
Gold Fields is a significant unhedged producer of gold with attributable
annualised production of 2.1 million gold equivalent ounces from six operating
mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an
extensive and diverse global growth pipeline with four major projects at
resource development and feasibility level. Gold Fields International has
total managed gold-equivalent Mineral Reserves of 64 million ounces and
Mineral Resources of 155 million ounces. Gold Fields is listed on the JSE
Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai
Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). In February
2012, Gold Fields unbundled its KDC and Beatrix mines in South Africa into a
separately listed company, Sibanye Gold.
Sponsor: J.P. Morgan Equities Limited
Investors Willie Jacobsz Tel: +27-11-562-9775 or +1-857-241-7127 (USA) Mobile:
+27-82-971-9238 (SA) e-mail:Willie.Jacobsz@goldfields.co.za
Remmy Kawala Tel: +27-11-562-9844 Mobile: +27-82-312-8692
Media Sven Lunsche Tel: +27-11-562-9763 Mobile: +27-83-260-9279
SOURCE: Gold Fields Limited
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CO: Gold Fields Limited
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-0- Feb/13/2013 11:09 GMT
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