PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Mining & Metals  | Precious Metals  | Labor & Union  | Legal Issues

90% of Gold Fields' KDC West Reports for Duty

Share with Twitter Share with LinkedIn

JOHANNESBURG, October 18, 2012 /PRNewswire/ --

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) confirms that approximately 11,000 striking employees at KDC West today reported for work before the deadline of 14h00.

Approximately 1,500 employees who did not report for work before the deadline are deemed dismissed. The dismissed workers have 24 hours within which to lodge appeals against their dismissals.

KDC West has a workforce of 14,300. The balance of 1,800 people did not participate in the strike.

Gold Fields, on Monday, 16 October, 2012, issued a final ultimatum to striking employees at KDC West and Beatrix, to present themselves for work by no later than 14h00 today, Thursday, 18 October, 2012, or face immediate dismissal.

Employees at Beatrix 1, 2 and 3 Shafts returned to work yesterday while those at Beatrix 4 Shaft returned this morning. At KDC East, which was not covered by this ultimatum, 8,000 employees remain on strike.

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


Enquiries

Willie Jacobsz
Tel:  +27-11-562-9775
Mobile:  +27-82-971-9238
Email:  Willie.Jacobsz@goldfields.co.za

Sven Lunsche
Tel:  +27-11-562-9763
Mobile:  +27-83-260-9279
Email:  sven.lunsche@goldfields.co.za

SOURCE Gold Fields Limited



Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release