8,500 KDC East Employees Join Unlawful Strike
JOHANNESBURG, October 15, 2012 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that approximately 8,500 of the 12,400 employees at its KDC East operation (formerly Kloof Gold Mine) have started an unlawful strike, commencing with the night shift last night, 14 October, 2012.
The total number of employees now engaged in the unlawful strike at KDC East and KDC West is approximately 19,500 out of a total workforce of approximately 26,700. Production at the entire KDC has now been suspended.
Notes to Editors
About Gold Fields
Gold Fields is one of the world's largest unhedged producers of gold with attributable annualised production of 3.5 million gold equivalent ounces from eight operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility, with construction decisions expected in the next 18 to 24 months. Gold Fields has total attributable gold equivalent Mineral Reserves of 80.6 million ounces and Mineral Resources of 217 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).
Sponsor: J.P. Morgan Equities Limited
Tel: +27-11-562-9775 or +1-857-241-7127 (USA)
Mobile: +27-82-971-9238 (SA)
SOURCE Gold Fields Limited