MEDIA RELEASE
GOLD FIELDS MINES
OBTAIN ACCREDITATION
Johannesburg, 31 July 2009: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that Beatrix Gold Mine has achieved accreditation with the International Cyanide Management Code (ICMC). Beatrix is the fourth of Gold Fields' nine mines to achieve Cyanide Code accreditation. The Tarkwa and Damang Gold Mines in Ghana achieved accreditation in June and May 2008, respectively and the South Deep Gold Mine in South Africa achieved accreditation in December 2008.
The International Cyanide Code Management Institute yesterday also announced that the Kloof Gold Mine has been certified as substantially compliant with the ICMC.
As part of the adoption and implementation of the Group's sustainable development framework, a decision was made to become an ICMC ("Cyanide Code") signatory. The Cyanide Code applies to the manufacture, transport and use of cyanide in the production of gold, which is administered by the International Cyanide Management Institute (ICMI).
Gold Fields' Chief Executive Officer, Nick Holland, commented: "To date, this decision has resulted in an additional tool for environmental management within Gold Fields, relating to, inter alia, legal compliance, proactive incident reporting, improved resource usage, prevention of pollution, and more efficient waste management."
In becoming a signatory of the Cyanide Code, Gold Fields has committed all of its mining operations to become accredited with the Cyanide Code, and those not as yet compliant are all currently qualifying.
The Cyanide Code has been recognized as best practice for cyanide management in the gold mining industry by the World Gold Council (WGC) and the Council for Responsible Jewellery Practice (RJC). It has also been acknowledged by the International Finance Corporation (IFC) and the G8 Group of Nations as the guide to responsible cyanide management.
Enquiries:
Willie Jacobsz
Mobile: +857 241-7127
Nikki Catrakilis-Wagner
Mobile: +27 (0) 83 309 6720
Julian Gwillim
Mobile: +27 (0) 82 452 4389
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About Gold Fields
Gold Fields Limited is one of the world's largest unhedged producers of gold with attributable steady state production of approximately 4 million ounces per annum from nine operating mines in South Africa, Peru, Ghana and Australia. The company has total attributable ore reserves of 83 million ounces and mineral resources of 251 million ounces. Gold Fields is listed on the JSE Limited (primary listing), New York Stock Exchange (NYSE), NASDAQ Dubai Limited (NASDAQ Dubai), NYSE Euronext in Brussels (NYX) and Swiss Exchange (SWX). For more information please visit the Gold Fields website at www.goldfields.co.za.
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VanEck Vectors Global Alternative Energy ETF
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CODE : GFI |
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ISIN : US38059T1060 |
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Gold Fields is a gold producing company based in South africa. Gold Fields produces gold, copper in Australia, in Ghana, in Peru and in South Africa, develops gold in Mali, and holds various exploration projects in Peru. Its main assets in production are ST IVES MINE and AGNEW in Australia, BEATRIX MINE, DRIEFONTEIN, KLOOF MINE, SOUTH DEEP, KLOOF and BEATRIX in South Africa, DAMANG, TARKWA and DAMANG PROJECT in Ghana and CERRO CORONA in Peru, its main asset in development is KOMANA in Mali and its main exploration properties are LOBO in Philippines and CHUCAPACA and CANAHUIRE in Peru. Gold Fields is listed in France, in South Africa and in United States of America. Its market capitalisation is 681.7 millions as of today (€ 612.8 millions). Its stock quote reached its lowest recent point on November 10, 2000 at 1.69, and its highest recent level on September 18, 2024 at 14.37. Gold Fields has 47 442 200 shares outstanding. |