Budget Announcement by Ghana's Ministry of Finance and Economic Planning
18.11.2011 | CNW
JOHANNESBURG, Nov. 18, 2011 /CNW/ - Gold Fields Limited (Gold Fields) has noted this week's Budget announcement by Ghana's Ministry of Finance and Economic Planning, which includes proposed changes to the tax regime for the country's mining industry.
We require more details of the proposed tax changes to further assess their potential impact. Accordingly Gold Fields is not yet in a position to advise shareholders on implications for the Company.
Once we have completed our assessment we will provide shareholders with further information.
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 76.7 million ounces and Mineral Resources of 225.4 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
Gold Fields Limited
CONTACT: Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road,
Sandown, Sandton,
2196
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel: +27-11-562-9700
Fax: +27-11-562-9838
http://www.goldfields.co.za
Enquiries
Investor Enquiries
Zakira Amra
Tel: +27-11-562-9775
Mobile: +27(0)79-694-0267
Email: Zakira.Amra@goldfields.co.za
Willie Jacobsz
Tel: +1-508-839-1188
Mobile: +1-857-241-7127
Email: Willie.Jacobsz@gfexpl.com
Media Enquiries
Sven Lunsche
Tel: +27-11-562-9763
Mobile: +27(0)83-260-9279
Email: Sven.Lunsche@goldfields.co.za