FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of February 2013
Commission File Number 1-31318
Gold Fields Limited
(Translation of registrant's name into English)
150 Helen Rd.
Sandown, Sandton 2196
South Africa
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
cover Form 20-F or Form 40-F.
Form 20-F..x... Form 40-F.....
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ________
permitted by Regulation S-T Rule 101(b)(1): ________
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ________
permitted by Regulation S-T Rule 101(b)(7): ________
Indicate by check mark whether by furnishing the information contained in this Form,
the registrant is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.
the registrant is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ..... No ..x...
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
connection with Rule 12g3-2(b): 82- ________
Directors: M A Ramphele (Chair), N J Holland
† ** (Chief Executive Officer), P A Schmidt** (Chief Financial Officer), K Ansah
# , C A Carolus, R Dañino*, A R Hill
≠,
D L Lazaro^, R P Menell, M S Moloko, D N Murray, D M J Ncube, R L Pennant-Rea , G M Wilson
† British, ≠ Canadian, # Ghanaian, *Peruvian, ^Filipino, ** Executive Director
Corporate Secretary: C Farrel
D L Lazaro^, R P Menell, M S Moloko, D N Murray, D M J Ncube, R L Pennant-Rea , G M Wilson
† British, ≠ Canadian, # Ghanaian, *Peruvian, ^Filipino, ** Executive Director
Corporate Secretary: C Farrel
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.co.za
Investor Enquiries
Willie Jacobsz
Tel +27 11 562 9775
Mobile +27 82 971 9238 (SA)
Mobile +1 857 241 7127 (USA)
email Willie.Jacobsz@
goldfields.co.za
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.co.za
Investor Enquiries
Willie Jacobsz
Tel +27 11 562 9775
Mobile +27 82 971 9238 (SA)
Mobile +1 857 241 7127 (USA)
email Willie.Jacobsz@
goldfields.co.za
Remmy Kawala
Tel +27 11 562 9844
Mobile +27 82 312 8692
email Remmy.Kawala@
goldfields.co.za
Tel +27 11 562 9844
Mobile +27 82 312 8692
email Remmy.Kawala@
goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562 9763
Mobile +27 83 260 9279
email Sven.Lunsche@
goldfields.co.za
Sven Lunsche
Tel +27 11 562 9763
Mobile +27 83 260 9279
email Sven.Lunsche@
goldfields.co.za
MEDIA RELEASE
SIBANYE GOLD LISTING
Johannesburg, 11 February 2013 Gold Fields Limited (Gold Fields)
(JSE,
NYSE, NASDAQ Dubai: GFI) announced on 29 November 2012, the
creation of a new South African gold mining champion, through the
unbundling of its 100% subsidiary, Sibanye Gold Limited (Sibanye Gold),
formerly known as GFI Mining South Africa Proprietary Limited (GFIMSA).
Today, 11 February 2013, Sibanye Gold was listed on the JSE and began
trading at around R14/share, giving it a market capitalisation of
approximately R10-billion. Gold Fields shares closed at R105.80 on Friday
8 February and started trading at R93 this morning, making its market
capitalisation approximately R68-billion. The listing on the New York Stock
Exchange (NYSE) of the Sibanye Gold’s ADR Programme commences
later today when the NYSE opens for trading.
The distribution will result in the current Gold Fields’ shareholders
subsequently holding two separate shares, the newly distributed Sibanye
Gold share as well as their original Gold Fields’ share.
Gold Fields retains secondary listings of ADRs on the NYSE and secondary
listings on the Dubai, Brussels and Swiss stock exchanges.
Gold Fields mining operations now comprise open-pit or shallow
underground operations and, in the case of the South Deep project in South
Africa, a deep-level, bulk underground mechanised operation together with
the international exploration and development projects.
Nick Holland explains Gold Fields’ strategy: “Our operations will no longer
focus solely on the number of ounces of gold produced, but rather on the
costs associated with the production. Cash generation is to be a core focus
with priority given to low risk, high return brownfields opportunities.
Greenfields projects will only be pursued if they will provide superior
returns. M&A will be considered only where there is clear value with regard
to production.”
He adds: “2013 needs to see South Deep, moving from the construction
phase to ore body development and build-up. On the financial side, we will
look to leverage the balance sheet for growth on a per share basis. We are
committed to delivering value to shareholders, with dividends having first
call on cash flows. It is our intention to pay out 25-35% of normalised
earnings.”
Holland says that Gold Fields will make a point of setting realistic production
targets. “It’s not about ounces, it’s about cash,” he concludes.
NYSE, NASDAQ Dubai: GFI) announced on 29 November 2012, the
creation of a new South African gold mining champion, through the
unbundling of its 100% subsidiary, Sibanye Gold Limited (Sibanye Gold),
formerly known as GFI Mining South Africa Proprietary Limited (GFIMSA).
Today, 11 February 2013, Sibanye Gold was listed on the JSE and began
trading at around R14/share, giving it a market capitalisation of
approximately R10-billion. Gold Fields shares closed at R105.80 on Friday
8 February and started trading at R93 this morning, making its market
capitalisation approximately R68-billion. The listing on the New York Stock
Exchange (NYSE) of the Sibanye Gold’s ADR Programme commences
later today when the NYSE opens for trading.
The distribution will result in the current Gold Fields’ shareholders
subsequently holding two separate shares, the newly distributed Sibanye
Gold share as well as their original Gold Fields’ share.
Gold Fields retains secondary listings of ADRs on the NYSE and secondary
listings on the Dubai, Brussels and Swiss stock exchanges.
Gold Fields mining operations now comprise open-pit or shallow
underground operations and, in the case of the South Deep project in South
Africa, a deep-level, bulk underground mechanised operation together with
the international exploration and development projects.
Nick Holland explains Gold Fields’ strategy: “Our operations will no longer
focus solely on the number of ounces of gold produced, but rather on the
costs associated with the production. Cash generation is to be a core focus
with priority given to low risk, high return brownfields opportunities.
Greenfields projects will only be pursued if they will provide superior
returns. M&A will be considered only where there is clear value with regard
to production.”
He adds: “2013 needs to see South Deep, moving from the construction
phase to ore body development and build-up. On the financial side, we will
look to leverage the balance sheet for growth on a per share basis. We are
committed to delivering value to shareholders, with dividends having first
call on cash flows. It is our intention to pay out 25-35% of normalised
earnings.”
Holland says that Gold Fields will make a point of setting realistic production
targets. “It’s not about ounces, it’s about cash,” he concludes.
Gold Fields will be releasing Q4 2012 and full-year 2012 financials on Thursday, which will be the last time that
the results will include the Sibanye Gold operations.
Enquiries
Investors
Willie Jacobsz
Tel: +27 11 562 9775 or +1 857 241 7127 (USA)
Mobile: +27 82 971 9238 (SA)
Email:
the results will include the Sibanye Gold operations.
Enquiries
Investors
Willie Jacobsz
Tel: +27 11 562 9775 or +1 857 241 7127 (USA)
Mobile: +27 82 971 9238 (SA)
Email:
Willie.Jacobsz@goldfields.co.za
Remmy Kawala
Tel: +27 11 562 - 9844
Mobile: +27 82 312 8692
email :
Remmy.Kawala@goldfields.co.za
Media
Sven Lunsche
Tel: +27 11 562-9763
Mobile: +27 83 260 9279
email :
Sven.Lunsche@goldfields.co.za
ends
Notes to editors
Gold Fields is a significant unhedged producer of gold with attributable annualised production of 2.1 million gold equivalent ounces from six
operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four
major projects at resource development and feasibility level. Gold Fields International has total managed gold-equivalent Mineral Reserves of
64 million ounces and Mineral Resources of 155 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). In February 2012, Gold Fields
unbundled its KDC and Beatrix mines in South Africa into a separately listed company, Sibanye Gold.
Sponsor: J.P. Morgan Equities Limited
Gold Fields is a significant unhedged producer of gold with attributable annualised production of 2.1 million gold equivalent ounces from six
operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four
major projects at resource development and feasibility level. Gold Fields International has total managed gold-equivalent Mineral Reserves of
64 million ounces and Mineral Resources of 155 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). In February 2012, Gold Fields
unbundled its KDC and Beatrix mines in South Africa into a separately listed company, Sibanye Gold.
Sponsor: J.P. Morgan Equities Limited
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: 11 February 2013
GOLD FIELDS LIMITED
By:
Name: Mr W J Jacobsz
Title: Senior Vice President: Investor
Relations and Corporate Affairs
Title: Senior Vice President: Investor
Relations and Corporate Affairs