Directors
: C A Carolus (Chair), N J Holland
†
** (Chief Executive Officer), P A Schmidt** (Chief Financial Officer), K Ansah
#
, A R Hill , R P Menell, D N Murray,
D M J Ncube, G M Wilson
†
British, Canadian,
#
Ghanaian, ** Executive Director
Company Secretary:
M M L Mokoka
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
www.goldfields.com
Investor Enquiries
Avishkar Nagaser
Tel
+27 11 562 9775
Mobile +27 82 312 8692
email
Avishkar Nagaser@
goldfields.co.za
Willie Jacobsz
Tel
+1 617 535 7545
Mobile +1 857 241 7127
email
Willie.Jacobsz@
gfexpl.com
Media Enquiries
Sven Lunsche
Tel
+27 11 562 9763
Mobile +27 83 260 9279
email
Sven.Lunsche@
goldfields.co.za
M E D I A R E L E A S E
GOLD FIELDS REACHES THREE-YEAR WAGE
AGREEMENT AT SOUTH DEEP MINE
Johannesburg, 10 April 2015: Gold Fields Limited (Gold Fields) (JSE,
NYSE, NASDAQ Dubai: GFI) is pleased to announce that it has reached a
three-year wage and other conditions of employment agreement with its
registered trade unions at its South Deep mine in South Africa.
The agreement, which was signed with the National Union of Mineworkers
and UASA today, will result in average annual wage increases of 10% over
the three-year period of the deal. The first increase will take effect on 1 April
2015.
The negotiations took place at a company-level in recognition of South
Deep’s significantly different operating model and labour profile to that of
the other gold mining companies in South Africa. South Deep is the only
fully mechanised gold mining operation in South Africa and it employs a
small, skilled complement of approximately 3,500 employees.
As such, Gold Fields has had to give due consideration to the scarcity of
mechanised mining skills in South Africa and has taken a holistic approach
in its negotiations with labour.
Enquiries
Investors
Avishkar Nagaser
Tel: +27 11 562-9775
Mobile: +27 82 312 8692
Email :
Avishkar.Nagaser@goldfields.co.za
Willie Jacobsz
Tel: +1 617 535 7545
Mobile: +1 857 241 7127
Email:
Willie.Jacobsz@gfexpl.com
Media
Sven Lunsche
Tel: +27 11 562-9763
Mobile: +27 83 260 9279
Email :
Sven.Lunsche@goldfields.co.za
ends