Gold Fields Limited - Update on Impact of Peru Protest Action
05.12.2011 | CNW
JOHANNESBURG, Dec. 5, 2011 /CNW/ - Production at Gold Fields Limited's (Gold Fields)
Cerro Corona mine in the Cajarmarca province in Peru has to date not been affected by the continuing protest actions against the Newmont Corp - Buenaventura proposed Conga Project in the region.Cerro Corona, which is about 60km away from the proposed Conga project but is on the same public road, has been able to secure supplies to maintain production for a further week and is considering alternative supply routes should the protest action be prolonged.
Gold Fields is monitoring the situation and will keep shareholders informed should potential supply disruptions impact production at Cerro Corona.
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: 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