FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of May 2010
Commission File Number 1-31318
Gold Fields Limited
(Translation of registrant's name into English)
150 Helen Rd.
Sandown, Sandton 2196
South Africa
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
cover Form 20-F or Form 40-F.
Form 20-F..x... Form 40-F.....
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ________
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ________
Indicate by check mark whether by furnishing the information contained in this Form,
the registrant is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ..... No ..x...
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
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
≠
, 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
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 DRILLS OUT 1 MOZ MINERAL
RESOURCE AT HAMLET, ST IVES
Johannesburg, 20 May 2010: Gold Fields Limited (Gold Fields)
(JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce a
substantial increase in the Mineral Resource at Hamlet, an
emerging gold deposit in the Argo-Athena camp at its St Ives Gold
Mine in Western Australia.
Exploration drilling over the past year has led to an increase in
Indicated and Inferred Mineral Resources at the Hamlet deposit,
which is now reported as 6.62 Mt at 4.86 g/t for a total of 1.03
million ounces. The Mineral Resource estimate has been
independently audited by Optiro, a Perth-Based minerals industry
consulting and advisory organisation.
After Athena, Hamlet is the second major discovery in the
developing Argo-Athena camp in the last two years and is the result
of an extensive investment in the St Ives’ near-mine exploration
programme.
Table 1: Hamlet Project, Mineral Resources (18 May 2010)*
Resource
Category
Tonnes
(Mt)
(Mt)
Grade
(g/t)
(g/t)
Gold
(Koz)
(Koz)
Indicated
2.43
4.22
330
Inferred
4.19
5.20
700
TOTAL
6.62
4.86
1,030
*
The Mineral Resource is reported at a nominal 0.60 g/t gold cut-off grade, for
shallow resources, constrained within an optimised pit shell and 2.4 g/t cut-off for
the underground resources within conceptual stope shapes. It is expected that the
majority of the resource will be mined by underground methods. The pit shell is
based on price assumptions of US$1,150/oz (A$1,375/oz) gold. The Mineral
Resource estimate is reported in accordance with the South African Code for the
Reporting of Exploration Results, Mineral Resources and Mineral Reserves, 2007
Edition (SAMREC Code) and is reported without unplanned dilution or ore loss.
The Hamlet deposit is located approximately 1km to the east of the
new Athena underground mine and 12km south of the Lefroy Mill.
Athena and Hamlet are part of a larger mineralised system in the
Argo-Athena camp, which is being actively explored by the near
mine exploration team.
shallow resources, constrained within an optimised pit shell and 2.4 g/t cut-off for
the underground resources within conceptual stope shapes. It is expected that the
majority of the resource will be mined by underground methods. The pit shell is
based on price assumptions of US$1,150/oz (A$1,375/oz) gold. The Mineral
Resource estimate is reported in accordance with the South African Code for the
Reporting of Exploration Results, Mineral Resources and Mineral Reserves, 2007
Edition (SAMREC Code) and is reported without unplanned dilution or ore loss.
The Hamlet deposit is located approximately 1km to the east of the
new Athena underground mine and 12km south of the Lefroy Mill.
Athena and Hamlet are part of a larger mineralised system in the
Argo-Athena camp, which is being actively explored by the near
mine exploration team.
-2-
“This milestone highlights the potential of the developing Argo-Athena camp, which now has an
estimated endowment1 of about 4 Moz, and is a credit to the excellent work done by the near mine
exploration team,” commented Nick Holland, Chief Executive Officer of Gold Fields.
An initial Indicated and Inferred Mineral Resource for the Hamlet Deposit of 2.1 Mt at 3.65 g/t for
251 Koz was reported in Gold Fields’ Mineral Resource and Mineral Reserve declaration for the 2009
financial year. Drilling since July 2009 has focussed on shallow mine-definition and extensional
drilling aimed at defining the size and content of the deposit. A total of 41,900m of RC (reverse
circulation) drilling and 45,700m of diamond core drilling was completed in 10 months. The deposit
consists of an upper and lower lode; the lodes have been defined over 600m of strike and to a
vertical depth of 800m. The deposit remains open at depth. Drilling to further expand the resource
and support a feasibility study is underway and a construction decision is planned for the first half of
calendar 2011.
Gold Fields recently intersected the first ore on the margins of the main ore body in underground
development at the new Athena mine. The decline and mine development are progressing on time
and within budget and full production remains on schedule for mid-calendar 2011. The Athena
infrastructure, currently under development, was positioned to provide a potential underground
access to the Hamlet deposit, which would enable the rapid development of the project on
completion of a successful feasibility study.
1
Endowment is defined here as all Inferred, Indicated and Measured Mineral Resources and past
production
Enquiries to Gold Fields
Investors
Willie Jacobsz
Tel +1 508 839-1188
Mobile +1 857 241-7127
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
Sven Lunsche
Tel +27 11 562-9763
Mobile +27 (0) 83 260 9279
Email Sven.Lunsche@goldfields.co.za
Investors
Willie Jacobsz
Tel +1 508 839-1188
Mobile +1 857 241-7127
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
Sven Lunsche
Tel +27 11 562-9763
Mobile +27 (0) 83 260 9279
Email Sven.Lunsche@goldfields.co.za
The information in this media release that relates to the Mineral Resources is based on information compiled by
Malcolm Jolly Pr. Sci. Nat, Manager Mineral Resources who has overall responsibility and accountability for the
St Ives area, St Ives, Mathew Briggs, MAusIMM, Exploration Manager for St Ives, who has overall responsibility
and accountability for the Hamlet exploration project, in terms of the SAMREC Code 2007. John Donaldson,
MAusIMM, Principal Resource Geologist, is accountable for the Mineral Resource estimation. All are full time
employees of Gold Fields and qualify as Competent Persons as defined in the SAMREC Code. Messrs Jolly,
Malcolm Jolly Pr. Sci. Nat, Manager Mineral Resources who has overall responsibility and accountability for the
St Ives area, St Ives, Mathew Briggs, MAusIMM, Exploration Manager for St Ives, who has overall responsibility
and accountability for the Hamlet exploration project, in terms of the SAMREC Code 2007. John Donaldson,
MAusIMM, Principal Resource Geologist, is accountable for the Mineral Resource estimation. All are full time
employees of Gold Fields and qualify as Competent Persons as defined in the SAMREC Code. Messrs Jolly,
Briggs & Donaldson consent to the inclusion in the press release of the matters based on their information in the
form and context in which it appears.
form and context in which it appears.
-3-
The United States Securities and Exchange Commission (SEC) permits mining companies, in their filings with
the SEC, to disclose only those mineral deposits that a company can economically and legally extract or
produce from. Certain terms are used in this release, such as “Mineral Resource”, that the SEC guidelines
strictly prohibit companies from including in filings. US investors are urged to consider closely the disclosure in
our Form 20-F.
Notes to editors
About Gold Fields
Gold Fields is one of the world's largest unhedged producers of gold with attributable production of 3.6
million ounces* per annum from nine operating mines in South Africa, Ghana, Australia and Peru. Gold
Fields also has an extensive growth pipeline with both greenfields and near mine exploration projects at
various stages of development. Gold Fields has total attributable Mineral Reserves of 81 million ounces and
Mineral Resources of 271 million ounces. Gold Fields is listed on JSE Limited (primary listing), the New York
Stock Exchange (NYSE), the Dubai International Financial Exchange (DIFX), the Euronext in Brussels
(NYX) and the Swiss Exchange (SWX). For more information please visit the Gold Fields website at
Gold Fields is one of the world's largest unhedged producers of gold with attributable production of 3.6
million ounces* per annum from nine operating mines in South Africa, Ghana, Australia and Peru. Gold
Fields also has an extensive growth pipeline with both greenfields and near mine exploration projects at
various stages of development. Gold Fields has total attributable Mineral Reserves of 81 million ounces and
Mineral Resources of 271 million ounces. Gold Fields is listed on JSE Limited (primary listing), the New York
Stock Exchange (NYSE), the Dubai International Financial Exchange (DIFX), the Euronext in Brussels
(NYX) and the Swiss Exchange (SWX). For more information please visit the Gold Fields website at
www.goldfields.co.za
.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: 20 May 2010
GOLD FIELDS LIMITED
By:
Name: Mr W J Jacobsz
Title: Senior Vice President: Investor
Relations and Corporate Affairs