Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Dir
+27 11 644-2460
Fax +27 11 484-0639
www.goldfields.co.za
Enquires
South Africa
Willie Jacobsz
Tel +27 11 644-2630
Fax +27 11 484-0639
Nerina Bodasing
Tel +27 11 644-2460
Fax +27 11 484-0639
North America
Cheryl A Martin
Tel +1 303 796-8683
Fax +1 303 796-8293
M E D I A R E L E A S E
Gold Fields releases Production Guidance for
Quarter ended 30 September 2005
Johannesburg, 3 October 2005. Gold Fields Limited (GFI:
JSE, NYSE) today issued revised production guidance for the
quarter ended 30 September 2005.
Gold production has declined by approximately 8% to 993,000
ounces for the quarter. Between 3 and 4% of the decline is
attributable to the strike experienced at the South African
operations during the quarter. The balance is attributable to the
international operations, reflecting comparison against out
performance in the June quarter and short-term operational
issues.
Production at the South African operations declined by
approximately 40,000 ounces to 647,000 ounces. Driefontein
and Kloof performed largely as expected with both operations
impacted by the strike and Kloof experiencing continuing grade
problems. As expected Beatrix experienced haulage constraints
at 20 level, 4 shaft, due to smectite problems flagged during the
previous quarter. These problems were corrected within the
eight-week period previously indicated. Production from the
affected areas returned to normal during the month of
September. In addition, the impact of the strike was exacerbated
at both Beatrix and Kloof due to a slower than expected start-up
after the strike.
Production at the international operations declined by
approximately 45,000 ounces to 346,000 ounces. The main
contributors to the decline were Tarkwa and St Ives.
Tarkwa declined by approximately 18,000 ounces to 124,000
ounces (attributable). Approximately one third of the decline
was as a result of a Gold in Process (GIP) release in the June
quarter which changed to a GIP increase during the September
quarter. The balance is owed to reduced volumes to the mill; mill
feed mix issues; and an out performance of the leach pads
during the June quarter, which was highlighted previously.
2/…….
Directors: C M T Thompson* (Chairman), A J Wright (Deputy Chairman), I D Cockerill
†
(Chief Executive Officer),K Ansah
#
, G J Gerwel, A
Grigorian°, N J Holland
†
(Chief Financial Officer), J M McMahon
†
, G R Parker
‡
, R L Pennant-Rea
†
, P J Ryan, S Stefanovich°,T M G
Sexwale, B R van Rooyen, C I von Christierson
‡
American,
†
British, *Canadian,
#
Ghanaian, °Russian
Corporate Secretary: C Farrel