Gold Fields Q4 F2010 Production at Upper End of Guidance

Jun 29, 2010, 06:54 ET from Gold Fields Limited

JOHANNESBURG, June 29, 2010 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has announced that attributable Group production for Q4 F2010 is expected to be about 895koz, which is at the upper end of the guidance provided on 7 May, 2010.

Total cash cost and notional cash expenditure (NCE) for Q4 F2010 are also expected to be within the guidance provided.

All four regions performed well with overall attributable Group production increasing by 13% compared with the March quarter.

Nick Holland, Chief Executive Officer of Gold Fields, said: "We are pleased with the significant improvement in production during Q4 F2010 and we seek to build on this momentum going forward."

Gold Fields' annual and Q4 F2010 results will be published on Thursday, 5 August, 2010.

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

*Based on the annualised run rate for the second quarter of F2010

Directors: A J Wright (Chairman), N J Holland (1,5) (Chief Executive Officer), P A Schmidt (5) (Chief Financial Officer), K Ansah (3), C A Carolus, R Danino (4), A R Hill (2), R P Menell, D N Murray, D M J Ncube, R L Pennant-Rea (1), C I von Christierson, G M Wilson

(1)British, (2)Canadian, (3)Ghanaian, (4)Peruvian, (5) Executive Director

Corporate Secretary: C Farrel

SOURCE Gold Fields Limited