Gold Fields Limited: Fatal Accident at South Deep Mine

JOHANNESBURG, Feb. 16, 2017 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) regrets to announce a fatality at the South Deep mine in South Africa in a tramming-related accident today.

South Deep management has suspended all hopper tramming activities, pending a full risk assessment, and has notified the Department of Mineral Resources. An in-loco inspection will take place later today.

Nick Holland, Chief Executive Officer of Gold Fields, said: "This is a serious setback in our efforts to continuously improving safety at South Deep as it is the second fatality we have recorded this year." During 2016 the mine had reported one fatality.

"Until this year we had shown measureable improvement in safety behaviour and have spent considerable time and resources on making working conditions safer. These two fatalities tragically remind us that we can never lessen our resolve in prioritising safety at all our operations," Mr Holland said.

"Our heartfelt condolences go out to the family, friends and colleagues of the deceased. Management will do everything possible to support them in this hour of need," Mr Holland added.

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 with attributable annual gold production of approximately 2.0 million ounces. It has attributable Mineral Reserves of around 46 million ounces and Mineral Resources of around 102 million ounces. Attributable copper Mineral Reserves total 532 million pounds and Mineral Resources 5,912 million pounds. Gold Fields has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE) and the Swiss Exchange (SWX).

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

SOURCE Gold Fields Limited

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