Gold Fields Declares 2013 Mineral Reserves and Mineral Resources
JOHANNESBURG, February 24, 2014
JOHANNESBURG, February 24, 2014 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI)is pleased to
announce its Mineral Reserve and Mineral Resource declaration as at 31
Gold Fields' managed gold Mineral Resources totalled 136.7 million ounces
(December 2012: 149.3 million ounces) and Mineral Reserves 52.6 million ounces
(December 2012: 59.4 million ounces).
The decline in the Group's Mineral Reserves is mainly attributable to a
US$1,300/oz gold price used compared with the US$1,500/oz gold price used in
the December 2012 declaration. Other than price impacts, mining depletion of
2.3 million ounces was the main contributor to the change in Mineral Reserves.
Full media release is available on the company website
Notes to editors
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified producer of gold with
eight operating mines in Australia, Ghana, Peru and South Africa. In February
2013 Gold Fields unbundled its KDC and Beatrix mines in South Africa into an
independent and separately listed company, Sibanye Gold.In October 2013 Gold
Fields acquired Barrick Gold's Granny Smith, Lawlers and Darlot Gold Mines in
Western Australia. Gold Fields subsequently has attributable annual production
of approximately 2.2 million ounces of gold, managed gold Mineral Reserves of
approximately 59 million ounces and managed gold Mineral Resources of
approximately 137 million ounces. Gold Fields has a primary listing on the JSE
Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ
Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Mobile: +27-82-971-9238 (SA)
Mobile: +1-857-241-7127 (USA)
SOURCE Gold Fields Limited
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