Directors:
M A Ramphele (Chair), 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, M S Moloko, 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
M E D I A R E L E A S E
Q1 2011 PRODUCTION IN LINE WITH GUIDANCE
Johannesburg, 8 April
2011 Gold Fields Limited (Gold Fields) (JSE,
NYSE, NASDAQ Dubai: GFI) today announced that attributable
Group production for the March quarter (Q1 2011) is expected to be
approximately 830,000oz, which is 5% higher than for the
corresponding quarter a year ago (793,000oz). As expected
production is lower than that achieved in the previous quarter
(900,000 ounces), almost entirely due to the customary Christmas
break in South Africa, when all mines close for two weeks.
The guidance of between 3.5 and 3.7 million ounces for the full year
2011, provided on 18 February 2011, takes account of the seasonal
decline in production in South Africa which typically affects the March
quarter.
The higher year-on-year quarterly production is due to improvements
at both the South African and international operations.
Total cash costs and notional cash expenditure (NCE) are expected
to be approximately US$750/oz and US$1,090/oz respectively, and
the NCE margin for the Group is expected to be approximately 21%.
This guidance is based on exchange rates of ZAR/US$6.98 and
A$/US$0.99 for Q1 2011.
The full results for Q1 2011 will be published on Thursday, 19 May
2011.
ends
Notes to editors
About Gold Fields
Gold Fields is the world’s fourth largest gold producer with attributable production of 3.6 million
gold equivalent ounces per annum from nine 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 various stages of development. Gold Fields has total attributable gold
equivalent Mineral Reserves of 77 million ounces and Mineral Resources of 225 million
ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock
Exchange (NYSE), the NASDAQ Dubai Limited, the Euronext in Brussels (NYX) and the Swiss
Exchange (SWX).
Sponsor: J.P. Morgan Equities Limited