Directors: A J Wright (Chairman), N J Holland
†**
(Chief Executive Officer), P A Schmidt** (Chief Financial Officer), K Ansah
#
, C A Carolus,
R Dañino*, A R Hill
≠
, J G Hopwood, R P Menell, D N Murray, D M J Ncube, R L Pennant-Rea
†
, C I von Christierson, G M Wilson
†
British,
≠
Canadian,
#
Ghanaian, *Peruvian, ** Executive Director
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 562-9700
Fax +27 11 562-9838
www.goldfields.co.za
Enquiries
Investor Enquiries
Willie Jacobsz
Tel
+508 839-1188
Mobile +857 241-7127
email Willie.Jacobsz@gfexpl.com
Nikki Catrakilis-Wagner
Tel
+27 11 562-9706
Mobile +27 (0) 83 309-6720
email Nikki.Catrakilis-Wagner@goldfields.co.za
Media Enquiries
Sven Lunsche
Tel
+27 11 562-9763
Mobile +27 (0) 83 260 9279
email Sven.Lunsche@goldfields.co.za
MEDIA RELEASE
GOLD FIELDS SPONSORS MINING ENGINEERING
FACULTIES
Johannesburg, 19 April 2010: Gold Fields Limited (Gold Fields)
(JSE, NYSE, NASDAQ Dubai: GFI) today announced that it is
investing R26m in an effort to address skills shortages in the South
African mining industry. The three-year sponsorship deal comprises
investments in the mining engineering faculties at the University of
Witwatersrand and the University of Johannesburg. The official
handover ceremony held at Wits University earlier today was
attended by the Department of Minerals and Resources Minister
Susan Shabangu.
The sponsorship aims to forge an alliance between Gold Fields and
the universities to promote the study of mining engineering, a core
skill required to sustain not only the company itself but the local
mining industry as a collective.
The announcement comes amid a renewed sense of urgency
amongst industry and government to address the lack of high level,
scarce skills in the country. Only about 90 mining engineering
students graduated country-wide last year from an initial intake of
around 200 students four years earlier. These graduates are highly
sought after not only by South African miners, but worldwide. The
slow supply of graduates is compounded by the departure of
established mining engineers due to emigration and retirement. A
recent survey by the Landelahni recruitment firm showed that South
African mining engineers are in great demand across the globe and
that only about 15% of them remain in the local industry for a long-
term career.
Accordingly, the Department of Mineral Resources has identified
skills development as one of the key issues affecting the mining
sector's global competitiveness. The department indicated that it
intends to investigate the skills needs of the industry and to
establish ways of facilitating skills development and the retention of
skills in the industry.
Nick Holland, Chief Executive Officer of Gold Fields, said: “The
industry is currently facing a skills gap crisis which is proving to be
a serious challenge for the mining industry. We are pleased to be
partnering with Wits University and the University of Johannesburg