JOHANNESBURG, June 13, 2014 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that the Company yesterday won the award for best mineral reserve and resource reporting held annually by the SA Investment Analysts Society (IAS) and SAMREC (South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves).
This is the 8th time that Gold Fields has won the award since it was first presented by the IAS in 2001.
In accepting the award, Gold Fields CEO Nick Holland said the award recognised the quality, transparent and comprehensive reporting of the Company's mineral resources and reserves. Mineral resources and reserves were amongst the most fundamental value drivers of any mining company and gave investors and shareholders a strong indication of the future growth of a company, he added.
Gold Fields' 2013 Mineral Resource and Mineral Reserve Supplement to the Integrated Annual Review can be found at: https://www.goldfields.co.za/reports/annual_report_2013/minerals/index.php
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. In February 2013, Gold Fields unbundled its mature, underground KDC and Beatrix mines in South Africa into an independent and separately listed company, Sibanye Gold. In October 2013, it expanded its presence in Western Australia by acquiring the Granny Smith, Lawlers and Darlot mines (known as the Yilgarn South Assets) from Barrick Gold.
Gold Fields has attributable annual gold production of approximately 2.02 million ounces, as well as attributable Mineral Reserves of around 49 million ounces and Mineral Resources of about 113 million ounces. Attributable copper Mineral Reserves total 708 million pounds and Mineral Resources 7,120 million pounds. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
SOURCE Gold Fields Limited