JOHANNESBURG, May 16, 2014 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has published its Mineral Resource and Mineral Reserve Supplement to the 2013 Integrated Annual Review on the Gold Fields website at http://www.goldfields.com.
The Gold Fields Mineral Resource and Mineral Reserve Supplement 2013 contains a comprehensive overview of Gold Fields' Mineral Resource and Mineral Reserve status as well as a detailed breakdown for its operations and growth projects.
As at 31 December 2013, Gold Fields had attributable gold Mineral Reserves of 48.6 million ounces and gold Mineral Resources of 113.4 million ounces (100 million ounces exclusive of growth projects). In addition, the attributable copper Mineral Reserves totalled 708 million pounds and Mineral Resources 7,120 million pounds (1,119 million pounds exclusive of growth projects).
Stated figures are net of production depletion. The Mineral Reserves are based on a gold price of US$1,300/oz, a copper price of US$3.0/lb and are compliant with the SAMREC Code. Relevant tonnes, grades, classification, reconciliations and Competent Persons are detailed in the Supplement. The Mineral Resources of growth projects have not been converted to Mineral Reserves.
Notes to editors
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
For further information: Investors, Willie Jacobsz, Mobile: +27-82-971-9238 (SA), Mobile: +1-857-241-7127 (USA), email: [email protected]; Media, Sven Lunsche, Tel: +27-11-562-9763, Mobile: +27-83-260-9279, email: [email protected]