Page 1
background image
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rules 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
Dated 26 April 2017
Commission File Number: 001-31318
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.
Form 20-F
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): _____
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): _____
background image
1
Gold Fields Operating Update
March 2017 Quarter
JOHANNESBURG. 26 APRIL 2017:
Gold Fields Limited (NYSE & JSE: GFI) is pleased to provide an operational
update for the quarter ended 31 March 2017. Detailed financial and operational results are provided on a six-monthly
basis i.e. at the end of June and December.
Key Statistics
UNITED STATES DOLLARS
Quarter
March
2017
December
2016
March
2016
Gold produced*
oz (000)
497
566
515
Continuing operations
483
552
496
Discontinued operations
14
14
19
Tonnes milled/treated
000
8,665
8,606
8,589
Continuing operations
8,545
8,493
8,489
Discontinued operations
120
113
100
Revenue US$/oz
1,216
1,198
1,192
Continuing operations
1,216
1,197
1,197
1,192
Discontinued operations
1,218
1,223
1,193
Operating costs
US$/tonne
42
45
40
Continuing operations
41
44
40
Discontinued operations
126
120
154
All-in sustaining costs
US$/oz
1,016
911
961
Continuing operations
1,003
897
956
Discontinued operations
1,434
1,443
1,105
Total all-in cost
US$/oz
1,114
941
986
Continuing operations
1,104
928
981
Discontinued operations
1,434
1,443
1,105
Net debt
US$m
1,241
1,166
1,337
Continuing operations
1,241
1,166
1,337
Net debt to EBITDA ratio
x
1.04
0.95
1.21
Cash flow from operating activities**
US$
(35)
82
26
Continuing operations
(30)
84
25
Discontinued operations
(5)
(2)
1
*All of the key statistics are managed figures from continuing operations, except for gold produced which is attributable equivalent production.
**Cash flow from operating activities (which is net of tax) less net capital expenditure, environmental payments and financing costs.
All operations are wholly owned except for Tarkwa and Damang in Ghana (90.0 per cent) and Cerro Corona in Peru (99.5 per cent).
Gold produced (and sold) throughout this report includes copper gold equivalents of approximately 7 per cent of Group production.
STOCK DATA FOR THE 3 MONTHS ENDED 31 MARCH 2017
Number of shares in issue
NYSE – (GFI)
– at end March 2017
820,606,945
Range – Quarter
US$2.95 – US$3.67
– average for the quarter
820,606,945
Average Volume – Quarter
7,263,275 shares/day
Free Float
100 per cent
JSE LIMITED – (GFI)
ADR Ratio
1:1
Range – Quarter
ZAR38.03 – ZAR49.75
Bloomberg/Reuters
GFISJ/GFLJ.J
Average Volume – Quarter
3,300,042 shares/day
background image
2
Gold Fields Operating update
March 2017 Quarter

Statement by Nick Holland
Chief Executive Officer of Gold Fields
Q1 2017 OPERATIONAL PERFORMANCE

Gold Fields had a slow start to 2017, with two fatalities at South Deep during the quarter and significant rain events which
impacted open pit operations in Australia. While we have made good progress on safety across the Group, these incidents
are tragic reminders that we still have more work to do. Our sincere condolences go out to the family, friends and colleagues
of Mr Bekwayo and Mr Mehlwana.

Attributable equivalent gold production for the quarter was 3% lower YoY (12% lower QoQ) at 497koz. All-in sustaining costs
(AISC) were 6% higher YoY (12% higher QoQ) at US$1,016/oz and all-in costs (AIC) were 13% higher YoY (18% higher QoQ)
at US$1,114/oz. The average US$ gold price achieved in the quarter was 2% higher YoY (2% higher QoQ) at US$1,216/oz.
The average Australian dollar for the quarter was 0.75 (4% weaker YoY and similar QoQ), while the average South African
rand for the quarter was 13.27 (16% weaker YoY and 4% stronger QoQ).

At South Deep production was negatively impacted by the two fatal accidents and three falls of ground in the higher grade
section of the mine which has resulted in a deferral of mining higher grade areas. Consequently, gold production was 1,424kg
(45.8koz), down 28% YoY (43% down QoQ). All-in costs (AIC) were 26% higher YoY (56% higher QoQ) at R777,497/kg
(US$1,821/oz). The challenges during the quarter impacted tramming activities at the mine, which resulted in a more severe
impact on gold production than on gold broken. Gold broken during the quarter was 1,784kg (57.4koz), 360kg higher than
gold recovered, but around 300kg (9.6koz) lower than what it needed to be to track guidance for the year. The build-up of
excess broken stocks underground is expected to be recovered in the next two quarters while access to the higher grade
areas to recover the gold deferred is expected in the June quarter. In line with the recently announced rebase plan, ground
support standards are being strengthened, where required, to reduce the risks of falls of ground and the resultant impact on
operations. Despite the slow start, the full year guidance for South Deep remains unchanged.

Managed production in Ghana for Q1 2017 was 174.5koz, down 4% YoY (down 5% QoQ), with AIC of US$1,153/oz, up 12%
YoY (up 17% QoQ), as spending on the Damang reinvestment project commenced during the quarter. Gold equivalent
production at Cerro Corona was 9% higher YoY (16% lower QoQ) at 68.7koz, with AIC of US$626 per equivalent ounce, down
12% YoY (down 7% QoQ).

The Australian region produced 225.4koz for the quarter, flat YoY (down 6% QoQ), with AIC of A$1,335/oz (US$1,007/oz), up
6% YoY (up 10% QoQ). With Darlot in a sales process it is now considered a discontinuing operation. Consequently,
production from continuing operations for the quarter was 211.7koz at AIC of A$1,299 (US$979/oz).

Net cash flow and net debt
Due to the higher capital expenditure, driven by growth capital expenditure at Damang (US$20m), Gruyere (US$10m), Salares
Norte (US$12m) and South Deep (US$2m) the net cash flow from operating activities (net of tax) less net capital expenditure,
environmental payments and financing costs for the quarter was an outflow of US$35m, compared to an inflow of US$26m
in Q1 2016. If we exclude the growth capital expenditure of US$44m, then the net cash flow would have been an inflow of
US$9m. As a result of the net outflow and the final dividend payment, the net debt balance increased to US$1,241m during
the quarter (31 December 2016: US$1,166m). Net debt to EBITDA was 1.04x.
UPDATE ON PROJECTS

Damang
The Damang Re-Investment Project commenced on 23 December 2016 with two major mining contractors operating in the
Damang complex and satellite pit areas. The majority of mining equipment is on site, with the remainder expected by the end
of April. Total tonnes mined for Q1 was 9.61Mt (plan 7.34Mt). The project is expected to deliver approximately 36Mt (plan
33Mt) in 2017 due to increased productivities with the key focus on capital waste stripping. Construction of the 2.5m lift on
the existing East Tailings Storage Facility (ETSF) has been completed and commissioned with capacity of 2.2Mt till Q4 2017.
The Far East Tailings Storage Facility (FETSF) construction (a new storage capacity required in Q4 that will provide life of mine
tailings capacity requirements) has commenced. Expenditure for the quarter amounted to US$20m with the forecast for the
year on budget at US$120m.

background image
3
Gold Fields Operating update
March 2017 Quarter
Gruyere
As previously reported, the Western Australian Department of Mines and Petroleum granted approval in February 2017 for
the Project Management Plan, Mining Proposal and Mine Closure Plan. Preferred tenderers for the major contracts including
bulk earthworks, EPC and power supply were confirmed during the quarter. The 288-room Gruyere Village Stage 1 was
commissioned in March and earthworks for the Gruyere Village Stage 2 site have also been completed. The complete 648
room Gruyere Village is expected to be ready for occupancy by end of May 2017. Construction of the Anne Beadell borefield,
which will support early construction activities and supply of potable water to the camp, has commenced. Expenditure for
the quarter amounted to A$14m (US$10m) with the forecast for the year on budget at A$153m (US$112m).
FY17 GUIDANCE INTACT

Attributable equivalent gold production for 2017 is expected to be between 2.10 million ounces and 2.15 million ounces, with
AISC of between US$1,010 per ounce and US$1,030 per ounce. As previously guided, due to the increased project capital
spend, AIC is expected to be between US$1,170 per ounce to US$1,190 per ounce.

DIRECTOR APPOINTMENT

On 3 March 2017, Gold Fields announced the appointment of Dr Carmen Letton as an independent non-executive director to
its Board of directors with effect from 1 May 2017. Dr Letton is head of open pit mining for Anglo American. She has over 30
years’ experience in leadership and technical roles, both in the Australian and the international mining environment.
APPOINTMENT OF EVP: SOUTH AFRICA

We are pleased to announce the appointment of Martin Preece as EVP: South Africa, effective 2 May 2017. Martin was
previously the Chief Operating Officer at De Beers Consolidated Mines and has spent more than 30 years in diamond mining
at De Beers, with extensive experience in massive mechanised underground mining. We believe that his experience will help
drive South Deep to become an efficient, sustainable mechanised mine.


N.J. Holland
Chief Executive Officer

26 April 2017
background image
4
Gold Fields Operating update
March 2017 Quarter
Salient feature and cost benchmarks
Salient features and cost benchmarks for the quarters ended 31 March 2017, 31 December 2016 and 31 March 2016
UNITED STATES DOLLARS
Total
Mine
Operations
Total
Mine
Continuing
Operations
South Africa
Region
West Africa
Region
South America
Region
Ghana
Peru
South
Deep
Total
Tarkwa
Damang
Cerro
Corona
OPERATING RESULTS
Ore milled/treated
March 2017
8,665
8,545
443
4,632
3,459
1,172
1,706
(000 tonnes)
December 2016
8,606
8,493
565
4,465
3,336
1,129
1,742
March
2016
8,589
8,489
543
4,536
3,497
1,039
1,751
Yield
March 2017
1.8
1.8
3.2
1.2
1.2
1.0
1.3
(grams per tonne)
December 2016
2.1
2.1
4.4
1.3
1.4
1.0
1.5
March
2016
1.9
1.9
3.6
1.2
1.2
1.2
1.1
Gold produced
March 2017
514.4
500.7
45.8
174.5
138.7
35.8
68.7
(000 managed equivalent ounces)
December 2016
584.4
570.4
80.9
182.8
145.9
36.9
81.5
March
2016
533.1
514.4
63.6
181.1
139.5
41.7
62.9
Gold sold
March 2017
512.8
499.1
46.7
174.5
138.7
35.8
66.1
(000 managed equivalent ounces)
December 2016
587.7
573.7
79.9
182.8
145.9
36.9
85.8
March
2016
531.7
513.0
63.6
181.1
139.5
41.7
61.6
Net operating costs*
March 2017
(354.9)
(340.0)
(70.7)
(107.3)
(78.0)
(29.3)
(32.3)
(million) December
2016
(368.4)
(353.9)
(72.6)
(117.4)
(82.0)
(35.3)
(39.8)
March
2016
(331.0)
(315.5)
(58.5)
(121.6)
(78.0)
(43.5)
(32.8)
Operating costs
March 2017
42
41
169
25
25
26
21
(dollar per tonne)
December 2016
45
44
130
28
27
27
31
23
March
2016
40
40
108
29
25
42
18
Sustaining capital*
March 2017
(138.0)
(133.8)
(11.4)
(59.5)
(49.7)
(9.8)
(5.2)
(million) December
2016
(155.9)
(149.7)
(14.7)
(52.0)
(40.6)
(11.4)
(15.5)
March
2016
(139.1)
(135.1)
(14.6)
(48.5)
(47.8)
(0.6)
(5.2)
Non-sustaining capital*
March 2017
(32.2)
(32.2)
(1.7)
(20.3)
-
(20.3)
-
(million) December
2016
(2.0)
(2.0)
(2.0)
-
-
-
-
March
2016
(2.0)
(2.0)
(2.0)
-
-
-
-
Total capital expenditure*
March 2017
(170.2)
(166.1)
(13.1)
(79.9)
(49.7)
(30.1)
(5.2)
(million) December
2016
(157.9)
(151.7)
(16.7)
(52.0)
(40.6)
(11.4)
(15.5)
March
2016
(141.1)
(137.1)
(16.6)
(48.5)
(47.8)
(0.6)
(5.2)
All-in-sustaining costs
March 2017
1,009
997
1,784
1,037
1,010
1,142
118
(dollar per ounce)
December 2016
914
899
1,097
989
906
1,317
303
March
2016
949
943
1,183
1,028
994
1,139
386
Total all-in-cost
March 2017
1,076
1,065
1,821
1,153
1,010
1,709
118
(dollar per ounce)
December 2016
917
902
1,122
989
906
1,317
303
March
2016
953
946
1,215
1,028
994
1,139
386
UNITED STATES DOLLARS
AUSTRALIAN DOLLARS
SOUTH
AFRICAN
RAND
UNITED
STATES
DOLLARS
AUSTRALIAN
DOLLARS
Australia
Region
Australia
Region
South Africa
Region
Australia
Region
Australia
Region
Continuing
Continuing
Discontinued Discontinued
Total
St Ives
Agnew/
Lawlers
Granny
Smith
Total
St Ives
Agnew/
Lawlers
Granny
Smith
South
Deep
Darlot
Darlot
OPERATING RESULTS
Ore milled/treated
March 2017
1,764
995
308
461
1,764
995
308
461
443
120
120
(000 tonnes)
December 2016
1,721
1,094
298
329
1,721
1,094
298
329
565
113
113
March
2016
1,659
997
284
378
1,659
997
284
378
543
100
100
Yield
March 2017
3.7
2.6
5.9
4.9
3.7
2.6
5.9
4.9
3.2
3.6
3.6
(grams per tonne)
December 2016
4.1
2.7
6.5
6.4
4.1
2.7
6.5
6.4
4.4
3.8
3.8
March
2016
3.9
2.7
5.7
5.6
3.9
2.7
5.7
5.6
3.6
5.8
5.8
Gold produced
March 2017
211.7
81.6
58.3
71.9
211.7
81.6
58.3
71.9
1,424
13.7
13.7
(000 managed
December 2016
225.2
95.6
62.2
67.4
225.2
95.6
62.2
67.4
2,516
14.0
14.0
equivalent ounces)
March 2016
206.7
87.0
52.1
67.5
206.7
87.0
52.1
67.5
1,978
18.7
18.7
Gold sold
March 2017
211.7
81.6
58.3
71.9
211.7
81.6
58.3
71.9
1,454
13.7
13.7
(000 managed
December 2016
225.2
95.6
62.2
67.4
225.2
95.6
62.2
67.4
2,485
14.0
14.0
equivalent ounces)
March 2016
206.7
87.0
52.1
67.5
206.7
87.0
52.1
67.5
1,978
18.7
18.7
Net operating costs*
March 2017
(129.6)
(48.6)
(39.1)
(41.9)
(171.9)
(64.5)
(51.8)
(55.6)
(939.4)
(14.9)
(19.8)
(million) December
2016
(124.1)
(56.2)
(36.1)
(31.8)
(165.8)
(75.3)
(48.2)
(42.2)
(1,012.1)
(14.5)
(19.1)
March
2016
(102.6)
(35.1)
(34.6)
(32.9)
(142.5)
(48.8)
(48.0)
(45.6)
(924.3)
(15.5)
(21.4)
Operating costs
March 2017
70
47
125
83
93
62
165
109
2,245
126
168
(dollar per tonne)
December 2016
77
51
135
111
103
69
180
148
1,797
120
159
March
2016
66
43
119
86
91
59
164
120
1,702
155
215
Sustaining capital*
March 2017
(57.7)
(26.1)
(14.0)
(17.5)
(76.5)
(34.7)
(18.6)
(23.2)
(150.9)
(4.2)
(5.5)
(million) December
2016
(67.6)
(27.6)
(13.4)
(26.7)
(89.6)
(36.5)
(17.7)
(35.5)
(199.7)
(6.2)
(8.2)
March
2016
(66.8)
(32.7)
(19.6)
(14.5)
(92.7)
(45.4)
(27.2)
(20.1)
(230.1)
(4.0)
(5.6)
Non-sustaining capital*
March 2017
(10.2)
#
-
-
-
(13.6)
#
-
-
-
(22.7)
-
-
(million) December
2016
-
-
-
-
-
-
-
-
(28.3)
-
-
March
2016
-
-
-
-
-
-
-
-
(31.9)
-
-
Total capital expenditure*
March 2017
(67.9)
(26.1)
(14.0)
(17.5)
(90.1)
(34.7)
(18.6)
(23.2)
(173.6)
(4.2)
(5.5)
(million) December
2016
(67.6)
(27.6)
(13.4)
(26.7)
(89.6)
(36.5)
(17.7)
(35.5)
(228.0)
(6.2)
(8.2)
March
2016
(66.9)
(32.7)
(19.6)
(14.5)
(92.6)
(45.4)
(27.2)
(20.1)
(262.0)
(4.0)
(5.6)
All-in-sustaining costs
March 2017
931
966
957
871
1,234
1,280
1,268
1,153
761,867
1,434
1,899
(dollar per ounce)
December 2016
878
914
815
885
1,165
1,213
1,081
1,175
488,534
1,443
1,921
March
2016
886
852
1,106
759
1,229
1,182
1,536
1,054
600,563
1,105
1,534
Total all-in-cost
March 2017
979
966
957
871
1,299
1,280
1,268
1,153
777,497
1,434
1,899
(dollar per ounce)
December 2016
878
914
815
885
1,165
1,213
1,081
1,175
499,954
1,443
1,921
March
2016
886
852
1,106
759
1,229
1,182
1,536
1,054
616,706
1,105
1,534
Average exchange rates were US$1 = R13.27, US$1 = R13.87 and US$1 = R15.79 for the March 2017, December 2016 and March 2016 quarters respectively.
The Australian/US dollar exchange rates were A$1 = US$0.75, A$1 = US$0.75 and A$1 = US$0.72 for the March 2017, December 2016 and March 2016 quarters respectively.
Figures may not add as they are rounded independently.
* In local currency.
#
Relates to non-sustaining capital expenditure for Gruyere Project.
background image
5
Gold Fields Operating update
March 2017 Quarter
Review of Operations
Quarter ended 31 March 2017 compared with quarter ended
31 December 2016
CONTINUING OPERATIONS
South Africa region
South Deep Project
March
2017
Dec
2016
Gold produced
000’oz
45.8
80.9
kg
1,424
2,516
Gold sold
000’oz
46.7
79.9
kg
1,454
2,485
Yield – underground reef
g/t
5.16
5.51
AISC
R/kg
761,867
488,534
US$/oz
1,784
1,097
AIC
R/kg
777,497
499,954
US$/oz
1,821
1,122

South Deep regrettably had two fatal accidents during the March
quarter. Mr Bekwayo, a dump truck operator and Mr Mehlwana, a
locomotive operator lost their lives in tramming related incidents.
The fatal accident on 1 January 2017 affected access to mining
areas and hauling ability. Loss of access to both tips in the high
grade 3 West section and the main workshop on 93 level, restricted
hauling activities until 11 March. The fatal accident on 16 February
2017 affected rail bound tramming on 95 level for 6 days.

Gold production decreased by 43 per cent from 2,516 kilograms
(80,900 ounces) in the December quarter to 1,424 kilograms
(45,800 ounces) in the March quarter mainly due to a decrease in
tonnes mined and in head grade. Approximately 300 kilograms
(9,600 ounces) were lost as a result of the fatal accidents. Another
approximately 350 kilograms (11,300 ounces) were lost due to falls
of ground.Over and above these factors the March quarter is
characterised by the extended Christmas break, which is typical of
South African based mines.

Three incidents of falls of ground occurred in the thinner more
proximal part of the ore body. The first one was due to risks posed
by the secondary extraction of drifts. The second one was due to
proximity to the lavas in the hanging wall. The third one was due
to set collapses caused by an equipment collision. The net effect
of these events was that certain high grade areas were rendered
temporarily unavailable. In addition, the planned rehabilitation of
reef ore-passes due to scaling, reduced ore-pass availability
during the quarter.

The fatal accidents, falls of ground and the extended Christmas
break impacted destress mining, longhole stoping and
development.

Total underground tonnes mined decreased by 26 per cent from
495,400 tonnes in the December quarter to 365,200 tonnes in the
March quarter. The average grade mined decreased by 7 per cent
from 5.23 grams per tonne to 4.89 grams per tonne due to the
temporary loss of high grade areas.

Gold broken during the quarter amounted to 1,784 kilograms
(57,400 ounces), 360 kilograms (11,600 ounces) higher than gold
recovered.
expected to be recovered in the next two quarters while access to
the higher grade areas to recover the gold deferred is expected in
the June quarter.
Destress mining decreased by 28 per cent from 6,148 square
metres in the December quarter to 4,402 square metres in the
March quarter
due to the same reasons above as well as a
temporary slowing down of destress mining as a precautionary
measure as a result of intersections of geological features
.
Longhole stoping decreased by 32 per cent from 252,000 tonnes to
171,000 tonnes due to the same reasons as above.
The current
mine (95 level and above) contributed 64 per cent of the ore tonnes
in the March quarter, compared with 63 per cent in the December
quarter. The longhole stoping method accounted for 47 per cent
of total tonnes mined in the March quarter compared with 51 per
cent in the December quarter.

Development decreased by 25 per cent from 2,043 metres in the
December quarter to 1,526 metres in the March quarter due to
same reasons as above. New mine capital development (phase
one, sub 95 level) decreased by 7 per cent from 210 metres in the
December quarter to 195 metres in the March quarter.
Development in the current mine areas decreased by 27 per cent
from 1,833 metres to 1,331 metres.
Remedial action in the form of i
ncreased ore-body definition-drilling
will be implemented to enhance information on geotechnical
structures, together with a revised support strategy and mining
sequence to facilitate improved extraction and increase the ability
to prevent falls of ground.
Underground reef tonnes milled decreased by 40 per cent from
455,000 tonnes in the December quarter to 274,000 tonnes in the
March quarter. Total tonnes milled decreased by 22 per cent from
565,000 tonnes to 443,000 tonnes due to a decrease in
underground material milled. Total tonnes milled in the March
quarter included 34,000 tonnes of underground development
waste mined and 135,000 tonnes of surface tailings material. This
compared with 35,000 tonnes of underground development waste
mined and 75,000 tonnes of surface tailings material in the
December quarter. Underground reef yield decreased by 6 per
cent from 5.51 grams per tonne to 5.16 grams per tonne.

Net operating costs decreased by 7 per cent from R1,012 million
(US$73 million) to R939 million (US$71 million) mainly due to lower
production. A gold-in-process credit of R55 million (US$4 million)
in the March quarter compared with R11 million (US$1 million) in
the December quarter.

Capital expenditure decreased by 24 per cent from R228 million
(US$17 million) in the December quarter to R174 million (US$13
million) in the March quarter.

Sustaining capital expenditure decreased by 25 per cent from
R200 million (US$15 million) in the quarter to R151 million (US$11
million) in the March quarter. Non-sustaining capital expenditure
decreased by 18 per cent from R28 million (US$2 million) to R23
million (US$2 million). The lower sustaining and non-sustaining
capital expenditure were mainly due to a slow start after the
December break.

All-in sustaining costs increased by 56 per cent from R488,534 per
kilogram (US$1,097 per ounce) in the December quarter to
R761,867 per kilogram (US$1,784 per ounce) in the March quarter
mainly due to decreased gold sold, partially offset by lower net
operating costs and lower sustaining capital expenditure.

Total all-in cost increased by 56 per cent from R499,954 per
kilogram (US$1,122 per ounce) in the December quarter to
R777,497 per kilogram (US$1,821 per ounce) in the March quarter
due to the same reasons as for all-in-sustaining costs, partially
offset by lower non-sustaining capital expenditure.

background image
6
Gold Fields Operating update
March 2017 Quarter
West Africa region
GHANA
Tarkwa
March
2017
Dec
2016
Gold produced
000’oz
138.7
145.9
Yield
g/t
1.24
1.36
AISC and AIC
US$/oz
1,010
906

Gold production decreased by 5 per cent from 145,900 ounces in
the December quarter to 138,700 ounces in the March quarter due
to lower yield.

Total tonnes mined, including capital stripping, increased by 8 per
cent from 24.5 million tonnes in the December quarter to 26.4
million tonnes in the March quarter. Ore tonnes mined decreased
by 10 per cent from 4.2 million tonnes to 3.8 million tonnes due to
more focus on waste stripping to expose ore to be mined in future
quarters. Operational waste tonnes mined increased by 22 per
cent from 7.9 million tonnes to 9.6 million tonnes while capital
waste tonnes mined increased by 5 per cent from 12.4 million
tonnes to 13.0 million tonnes. Grade mined decreased marginally
from 1.35 grams per tonne to 1.34 grams per tonne. The strip ratio
increased from 5.3 to 6.0.

The CIL plant throughput increased by 6 per cent from 3.3 million
tonnes in the December quarter to 3.5 million tonnes in the March
quarter due to higher plant utilisation and improved milling rate.
Realised yield decreased by 9 per cent from 1.36 grams per tonne
to 1.24 grams per tonne due to lower grades mined and an
increase in gold-in-process.

Net operating costs, including gold-in-process movements,
decreased by 5 per cent from US$82 million to US$78 million
mainly due to a decrease in power costs and fuel price. The lower
power costs were as a result of partially moving off the
transmission grid to Genser (an independent power producer).

Capital expenditure increased by 22 per cent from US$41 million
to US$50 million due to mining fleet replacements and component
replacements in the March quarter.

All-in sustaining costs and total all-in cost increased by 11 per cent
from US$906 per ounce in the December quarter to US$1,010 per
ounce in the March quarter due to higher capital expenditure and
lower gold sold, partially offset by lower net operating cost.

Damang
March
2017
Dec
2016
Gold produced
000’oz
35.8
36.9
Yield
g/t
0.95
1.02
AISC
US$/oz
1,142
1,317
AIC
US$/oz
1,709
1,317

Gold production decreased by 3 per cent from 36,900 ounces in
the December quarter to 35,800 ounces in the March quarter
mainly due to lower head grade processed.

Total tonnes mined, including capital stripping, increased by 129
per cent from 4.2 million tonnes in the December quarter to 9.6
million tonnes in the March quarter due to accelerated waste
mining from Amoanda and Damang Pit Cutback (DPCB) with the
commencement of the Damang Re-investment Project. Ore
tonnes mined decreased by 9 per cent from 0.82 million tonnes in
the December quarter to 0.74 million tonnes in the March quarter.
Total waste tonnes mined increased by 162 per cent from 3.4
million tonnes to 8.9 million tonnes. Capital waste tonnes (included
in total waste tonnes) increased by 689 per cent from 0.9 million
tonnes to 7.1 million tonnes. Operational waste tonnes decreased
by 32 per cent from 2.5 million tonnes to 1.8 million tonnes. Head
grade mined decreased by 7 per cent from 1.22 grams per tonne
to 1.13 grams per tonne. The higher grade in the December quarter
was due to around 0.17 million tonnes at 1.41 grams per tonne
mined from Juno 3 and 0.16 million tonnes at 1.20 grams per tonne
from Abosso tails. This compared with no Juno 3 material and 0.37
million tonnes of Abosso tails material at 1.05 grams per tonne in
the March quarter. The strip ratio increased from 4.2 to 11.8.

Abosso tailings is a decommissioned tailings storage facility at
Damang. The tailings dam has been drilled, assayed, modelled and
optimised. The economic portion of the tailings dam is being mined
to supplement plant feed from the pits and other surface
stockpiles.

At the end of the March quarter the remaining ore tonnes at Abosso
tailings amounted to 0.34 million tonnes at 0.89 grams per tonne
and the balance on the main stockpile amounted to 0.69 million
tonnes at 0.67 grams per tonne.

Tonnes processed increased by 4 per cent from 1.13 million tonnes
in the December quarter to 1.17 million tonnes in the March
quarter. Yield decreased by 7 per cent from 1.02 grams per tonne
to 0.95 grams per tonne due to lower grade feed. The lower grade
feed was largely driven by treating lower grade material from the
stockpiles. In addition, the ex-pit grade feed was lower than in the
December quarter. In the March quarter tonnes milled were
sourced as follows: 0.32 million tonnes at 1.27 grams per tonne
from the pits, 0.23 million tonnes at 1.08 grams per tonne from
Abosso tailings and 0.62 million tonnes at 0.69 grams per tonne
from stockpiles.
Net operating costs, including gold-in-process movements,
decreased by 17 per cent from US$35 million to US$29 million.
This was mainly due to
a decrease in operating tonnes mined, a
decrease in power costs as
a result of totally moving off the
transmission grid to Genser
and a US$2 million gold-in-process
credit to cost in the March quarter
compared with a US$1 million
charge to cost in the December quarter.
Sustaining capital expenditure decreased by 173 per cent from
US$11 million to US$9 million. Non-sustaining capital expenditure
increased from US$nil to US$20 million mainly due to
7.1 million
tonnes of capital waste stripped in the March quarter compared with
0.9 million tonnes stripped in the December quarter.
All-in sustaining costs decreased by 13 per cent from US$1,317
per ounce in the December quarter to US$1,142 per ounce in the
March quarter mainly due to lower net operating cost and lower
sustaining capital expenditure, partially offset by lower gold sold.
All-in costs increased by 30 per cent from US$1,317 per ounce in
the December quarter to US$1,709 per ounce in the March quarter
due to the same reasons as for all-in-sustaining costs as well as
non-sustaining (growth) capital expenditure of US$20 million.
There was no growth capital in the December quarter.










background image
7
Gold Fields Operating update
March 2017 Quarter
South America region

PERU
Cerro Corona
March
2017
Dec
2016
Gold produced
000’oz
33.8
44.6
Copper produced
tonnes
7,267
8,681
Total equivalent gold
produced
000’eq oz
68.7
81.5
Total equivalent gold sold       000’eq oz
66.1
85.8
Yield
– gold
g/t
0.64
0.83
– copper
per cent
0.44
0.52
– combined
eq g/t
1.25
1.46
AISC and AIC
US$/oz
118
303
AISC and AIC
US$/eq oz
626
676
Gold price*
US$/oz
1,211
1,235
Copper price*
US$/t
5,803
5,227
* Average daily spot price for the period used to calculate total equivalent gold ounces
produced.

Gold production decreased by 24 per cent from 44,600 ounces in
the December quarter to 33,800 ounces in the March quarter.
Copper production decreased by 16 per cent from 8,681 tonnes to
7,267 tonnes. Equivalent gold production decreased by 16 per
cent from 81,500 ounces to 68,700 ounces. The decrease in gold
and copper production was mainly due to lower gold and copper
head grades mined in line with the mining sequence. Gold head
grade decreased by 26 per cent from 1.21 grams per tonne to 0.90
grams per tonne and copper head grade decreased by 17 per cent
from 0.60 per cent to 0.50 per cent. Gold and copper head grades
for the year are expected to be around 1.04 grams per tonne to
1.06 grams per tonne and 0.47 per cent to 0.49 per cent,
respectively. Gold recoveries increased from 68.7 per cent to 71.0
per cent mainly due to lower presence of fine porous pyrite in ore
treated during the March quarter. Copper recoveries increased
from 86.5 per cent to 87.9 per cent. Gold yield decreased by 23
per cent from 0.83 grams per tonne to 0.64 grams per tonne and
copper yield decreased by 15 per cent from 0.52 per cent to 0.44
per cent.

In the March quarter, concentrate with a payable content of 33,900
ounces of gold was sold at an average price of US$1,221 per
ounce and 6,691 tonnes of copper was sold at an average price of
US$5,254 per tonne, net of treatment and refining charges. This
compared with 46,000 ounces of gold that was sold at an average
price of US$1,208 per ounce and 8,549 tonnes of copper that was
sold at an average price of US$4,626 per tonne, net of treatment
and refining charges, in the December quarter.

Total tonnes mined decreased by 4 per cent from 3.29 million
tonnes in the December quarter to 3.16 million tonnes in the March
quarter mainly due to lower waste mined in line with the mining
sequence. Ore mined increased by 1 per cent from 1.73 million
tonnes to 1.74 million tonnes. Operational waste tonnes mined
decreased by 9 per cent from 1.56 million tonnes to 1.42 million
tonnes also in line with the mining sequence.

Ore processed decreased by 2 per cent from 1.74 million tonnes
in the December quarter to 1.71 million tonnes in the March quarter
mainly due to lower throughput (815 tonnes per hour in the March
quarter versus 833 tonnes per hour in the December quarter) as a
result of the rainy season and lower plant availability due to
maintenance activities (95 per cent availability in the March quarter
versus 97 per cent availability in the December quarter).

Net operating costs, including gold-in-process movements,
decreased by 20 per cent from US$40 million to US$32 million
mainly due to restructuring and
a US$3 million gold-in-process
credit to cost in the March quarter
compared with US$1 million in
the December quarter.

Capital expenditure decreased by 69 per cent from US$16 million
to US$5 million due to
lower construction activities at the tailings
dam and waste storage facilities due to the rainy season.

All-in sustaining costs and total all-in cost per gold ounce
decreased by 61 per cent from US$303 per ounce in the December
quarter to US$118 per ounce in the March quarter mainly due to
lower net operating costs and lower capital expenditure, partially
offset by lower gold sold and lower copper by-product credits. All-
in sustaining costs and total all-in costs per equivalent ounce
decreased by 7 per cent from US$676 per equivalent ounce to
US$626 per equivalent ounce due to the same reasons as above.
Australia region

St Ives
March
2017
Dec
2016
Gold produced
000’oz
81.6
95.6
Yield
– underground
g/t
4.76
4.56
–
surface
g/t
2.19
2.47
–
combined
g/t
2.55
2.72
AISC and AIC
A$/oz
1,280
1,213
US$/oz
966
914

Gold production decreased by 15 per cent from 95,600 ounces in
the December quarter to 81,600 ounces in the March quarter.

At the underground operations, ore tonnes mined were similar at
142,000 tonnes. Head grade increased by 5 per cent from 4.65
grams per tonne to 4.87 grams per tonne due to scheduling.

At the open pit operations, ore tonnes mined decreased by 6 per
cent from 831,000 tonnes in the December quarter to 785,000
tonnes in the March quarter
with ore mined from Stage 3 and 5 of
the Invincible pit and Stage 2 of Neptune pit. Eighteen days of
production were lost due to inclement weather and resultant wet
conditions in the Neptune pit. This largely accounted for the
reduction in ore tonnes mined.
Grade mined decreased by 4 per
cent from 2.74 grams per tonne to 2.63 grams per tonne
due to
lower tonnages from the Invincible pit and higher tonnages from the
lower grade Neptune pit.

Operational waste tonnes mined decreased by 60 per cent from
5.2 million tonnes in the December quarter to 2.1 million tonnes in
the March quarter and capital waste tonnes mined increased by 50
per cent from 4.2 million tonnes to 6.3 million tonnes reflecting a
change from the removal of primarily operating waste to the
stripping of Stage 6 of the Invincible pit. Total material movements
at the open pits decreased by 10 per cent from 10.2 million tonnes
to 9.2 million tonnes due to inclement weather. The strip ratio
decreased from 11.3 to 10.7.

Throughput at the Lefroy mill decreased by 9 per cent from
1,094,000 tonnes in the December quarter to 995,000 tonnes in
the March quarter
due to a scheduled maintenance shutdown and
the impact of increased volumes of softer Neptune ore which is
processed at a slower rate than the harder ore
. Yield decreased
by 6 per cent from 2.72 grams per tonne to 2.55 grams per tonne
due to lower grade ore mined in the open pits.

Net operating costs, including gold-in-process movements,
decreased by 13 per cent from A$75 million (US$56 million) to
A$65 million (US$49 million)
due to decreased operational waste
mining in the open pits
.
background image
8
Gold Fields Operating update
March 2017 Quarter
Capital expenditure decreased by 5 per cent from A$37 million
(US$28 million) to A$35 million (US$26 million)
due to decreased
expenditure on mine infrastructure, partially offset by increased pre-
stripping cost at Invincible and Neptune pits.
All-in sustaining costs and total all-in cost increased by 6 per cent
from A$1,213 per ounce (US$914 per ounce) in the December
quarter to A$1,280 per ounce (US$966 per ounce) in the March
quarter
due to decreased gold sold, partially offset by lower net
operating costs and capital expenditure.
Agnew/Lawlers
March
2017
Dec
2016
Gold produced
000’oz
58.3
62.2
Yield
g/t
5.89
6.49
AISC and AIC
A$/oz
1,268
1,081
US$/oz
957
815

Gold production decreased by 6 per cent from 62,200 ounces in
the December quarter to 58,300 ounces in the March quarter due
to lower grade ore milled.

Ore mined from underground decreased by 14 per cent from
352,000 tonnes in the December quarter to 301,000 tonnes in the
March quarter
mainly due to the completion of the Genesis 500
stoping area during the December quarter
. Head grade mined
increased by 2 per cent from 6.20 grams per tonne to 6.31 grams
per tonnes.

Tonnes processed increased by 3 per cent from 298,000 tonnes in
the December quarter to 308,000 tonnes in the March quarter
with
some ore stockpiled in the December quarter processed during the
March quarter
. The combined yield decreased by 9 per cent from
6.49 grams per tonne to 5.89 grams per tonne
due to the
preferential treatment of high grade ore in the December quarter
and drawdown of low grade ore stockpiles in the March quarter.

Net operating costs, including gold-in-process movements,
increased by 8 per cent from A$48 million (US$36 million) in the
December quarter to A$52 million (US$39 million) in the March
quarter
mainly due to a A$1 million (US$1 million) gold-in-circuit
charge to cost in the March quarter compared with a A$6 million
(US$4 million) credit to cost in the December quarter, partially offset
by a reduction in mining costs.

Capital expenditure increased by 6 per cent from A$18 million
(US$13 million) to A$19 million (US$14 million)
mainly due to costs
incurred on the establishment of an in-pit tailings facility at the
Songvang pit.
All-in sustaining costs and total all-in cost increased by 17 per cent
from A$1,081 per ounce (US$815 per ounce) in the December
quarter to A$1,268 per ounce (US$957 per ounce) in the March
quarter
due to decreased gold sold, higher capital expenditure and
higher net operating costs.

Granny Smith
March
2017
Dec
2016
Gold produced
000’oz
71.9
67.4
Yield
g/t
4.85
6.37
AISC and AIC
A$/oz
1,153
1,175
US$/oz
871
885

Gold production increased by 7 per cent from 67,400 ounces in
the December quarter to 71,900 ounces in the March quarter
mainly due to increased tonnes processed.

Ore mined from underground increased by 11 per cent from
374,000 tonnes in the December quarter to 415,000 tonnes
due to
increased stope availability in the March quarter
. Head grade
mined decreased by 28 per cent from 6.84 grams per tonne in the
December quarter to 4.94 grams per tonne in the March quarter
with the majority of ore mined from low grade stopes in Zones 90
and 100, in line with the mine schedule, as opposed to mining the
higher grade areas in Zone 90 in the December quarter. Grade
mined for the year is expected to be between 5.50 grams per tonne
and 5.65 grams per tonne.
Tonnes processed increased by 40 per cent from 329,000 tonnes
in the December quarter to 461,000 tonnes in the March quarter
due to increased ore mined from underground, supplemented with
stockpiled ore from the December quarter
. The yield decreased by
24 per cent from 6.37 grams per tonne to 4.85 grams per tonne
reflecting the lower grades mined and lower grades from
stockpiles.

Net operating costs, including gold-in-process movements,
increased by 33 per cent from A$42 million (US$32 million) in the
December quarter to A$56 million (US$42 million) in the March
quarter
mainly due to increased ore tonnes mined and processed.
In
addition, a A$5 million (US$4 million) gold-in-process charge to
cost in the March quarter compared with a A$7 million (US$5
million) credit to cost in the December quarter.

Capital expenditure decreased by 36 per cent from A$36 million
(US$27 million) in the December quarter to A$23 million (US$18
million) in the March quarter
mainly due to higher expenditure
related to the purchase of fleet and underground infrastructure in
the December quarter.

All-in sustaining costs and total all-in cost decreased by 2 per cent
from A$1,175 per ounce (US$885 per ounce) in the December
quarter to A$1,153 per ounce (US$871 per ounce) in the March
quarter
due to the higher gold sold and lower capital expenditure,
partially offset by higher net operating costs.
background image
9
Gold Fields Operating update
March 2017 Quarter
DISCONTINUED OPERATION
Australia region

Darlot
March
2017
Dec
2016
Gold produced
000’oz
13.7
14.0
Yield
g/t
3.55
3.87
AISC and AIC
A$/oz
1,899
1,921
US$/oz
1,434
1,443

Gold production decreased by 2 per cent from 14,000 ounces in
the December quarter to 13,700 ounces in the March quarter due
to lower grade of ore mined.

Ore mined from underground increased by 11 per cent from
106,500 tonnes in the December quarter to 118,400 tonnes in the
March quarter due to increased ore from the Metske stopes. The
Metske stopes are historical bulk low grade ore sources in the
upper part of the mine. Head grade mined was similar at 3.95
grams per tonne.

Tonnes processed increased by 6 per cent from 113,000 tonnes in
the December quarter 120,000 tonnes in the March quarter
due to
increased ore mined
. The yield decreased by 8 per cent from 3.87
grams per tonne to 3.55 grams per tonne due to the processing of
lower grade ore stockpiles in the March quarter.

Net operating costs, including gold-in-process movements,
increased by 5 per cent from A$19 million (US$15 million) to A$20
million (US$15 million) mainly due to increased ore production in
the March quarter.

Capital expenditure decreased by 25 per cent from A$8 million
(US$6 million) to A$6 million (US$4 million) mainly due to a
reduction in exploration costs and lower development and
infrastructure associated with the Oval ore body. Production
delivery from the new Oval ore body started late in 2016 and will
provide the primary ore feed in 2017 from a number of recently
established levels. Final decline development is expected to be
completed during the June quarter after which capital expenditure
is anticipated to reduce even further.

All-in sustaining costs and total all-in cost decreased by 1 per cent
from A$1,921 per ounce (US$1,443 per ounce) in the December
quarter to A$1,899 per ounce (US$1,434 per ounce) in the March
quarter due to lower capital expenditure, partially offset by lower
gold sold and higher net operating costs.



































































































background image
10
Gold Fields Operating update
March 2017 Quarter
Underground and surface
UNITED STATES DOLLARS
Total
Mine
Operations
Total
Mine
Continuing
Operations
South
Africa
Region
West
Africa
Region
South
America
Region
Australia
Region
Ghana Peru
Continuing Discontinued
Imperial ounces with metric
tonnes and grade
South
Deep
Total
Tarkwa
Damang
Cerro
Corona
Total
St Ives
#
Agnew/
Lawlers
Granny
Smith
Darlot
ORE MILLED/TREATED
(000 TONNES)
– underground ore
March 2017
1,304
1,184
274
-
-
-
-
910
141
308
461
120
December 2016
1,323
1,210
455
-
-
-
-
755
128
298
329
113
March 2016
1,271
1,177
332
-
-
-
-
845
183
284
378
94
– underground waste
March 2017
34
34
34
-
-
-
-
-
-
-
-
-
December 2016
35
35
35
-
-
-
-
-
-
-
-
-
March 2016
23
23
23
-
-
-
-
-
-
-
-
-
– surface ore
March 2017
7,327
7,327
135
4,632
3,459
1,172
1,706
854
854
-
-
-
December 2016
7,248
7,248
75
4,465
3,336
1,129
1,742
966
966
-
-
-
March 2016
7,295
7,289
188
4,536
3,497
1,039
1,751
814
814
-
-
6
– total milled
March 2017
8,665
8,545
443
4,632
3,459
1,172
1,706
1,764
995
308
461
120
December 2016
8,606
8,493
565
4,465
3,336
1,129
1,742
1,721
1,094
298
329
113
March 2016
8,589
8,489
543
4,536
3,497
1,039
1,751
1,659
997
284
378
100
YIELD
(GRAMS PER TONNE)
– underground ore
March 2017
4.9
5.0
5.2
-
-
-
-
5.2
4.8
5.9
4.9
3.6
December 2016
5.6
5.7
5.5
-
-
-
-
6.1
4.6
6.5
6.4
3.9
March
2016
5.4
5.4
5.9
-
-
-
-
5.3
4.3
5.7
5.6
6.0
– underground waste
March 2017
-
-
-
-
-
-
-
-
-
-
-
-
December 2016
-
-
-
-
-
-
-
-
-
-
-
-
March 2016
-
-
-
-
-
-
-
-
-
-
-
-
– surface ore
March 2017
1.3
1.3
0.1
1.2
1.2
1.0
1.3
2.2
2.2
-
-
-
December 2016
1.5
1.5
0.1
1.3
1.4
1.0
1.5
2.5
2.5
-
-
-
March 2016
1.3
1.3
0.1
1.2
1.2
1.2
1.1
2.5
2.5
-
-
3.3
– combined
March 2017
1.8
1.8
3.2
1.2
1.2
1.0
1.3
3.7
2.6
5.9
4.9
3.6
December 2016
2.1
2.1
4.4
1.3
1.4
1.0
1.5
4.1
2.7
6.5
6.4
3.9
March 2016
1.9
1.9
3.6
1.2
1.2
1.2
1.1
3.9
2.7
5.7
5.6
5.8
GOLD PRODUCED
(000 OUNCES)
– underground ore
March 2017
210.7
197.0
45.3
-
-
-
-
151.7
21.6
58.3
71.9
13.7
December 2016
243.1
229.1
80.8
-
-
-
-
148.4
18.8
62.2
67.4
14.0
March 2016
226.1
208.0
63.1
-
-
-
-
144.8
25.2
52.1
67.5
18.1
– underground waste
March 2017
-
-
-
-
-
-
-
-
-
-
-
-
December 2016
-
-
-
-
-
-
-
-
-
-
-
-
March 2016
-
-
-
-
-
-
-
-
-
-
-
-
– surface ore
March 2017
303.7
303.7
0.5
174.5
138.7
35.8
68.7
60.0
60.0
-
-
-
December 2016
341.3
341.3
0.1
182.8
145.9
36.9
81.5
76.9
76.9
-
-
-
March 2016
307.0
306.4
0.5
181.1
139.5
41.7
62.9
61.8
61.8
-
-
0.6
– total
March 2017
514.4
500.7
45.8
174.5
138.7
35.8
68.7
211.7
81.6
58.3
71.9
13.7
December 2016
584.4
570.4
80.9
182.8
145.9
36.9
81.5
225.2
95.6
62.2
67.4
14.0
March 2016
533.1
514.4
63.6
181.1
139.5
41.7
62.9
206.7
87.0
52.1
67.5
18.7
OPERATING COSTS
(DOLLAR PER TONNE)
– underground
March 2017
137
138
242
-
-
-
-
98
88
125
83
126
December 2016
139
141
149
-
-
-
-
129
158
135
111
120
March 2016
120
116
165
-
-
-
-
93
91
119
86
159
– surface
March 2017
25
25
3
25
25
26
21
40
40
-
-
-
December 2016
28
28
3
28
27
31
23
37
37
-
-
-
March 2016
27
28
-
29
25
42
18
37
37
-
-
84
– total
March 2017
42
41
169
25
25
26
21
70
47
125
83
126
December 2016
45
44
130
28
27
31
23
77
51
135
111
120
March 2016
40
40
108
29
25
42
18
66
43
119
86
155
#
St Ives rinsed nil ounces from inventory at the heap leach operations in the March quarter compared with 300 ounces and 400 ounces in the December 2016 quarter and March 2016, respectively,
background image
11
Gold Fields Operating update
March 2017 Quarter
Administration and corporate information
Corporate Secretary
Lucy Mokoka
Tel: +27 11 562 9719
Fax: +27 11 562 9829
e-mail: lucy.mokoka@goldfields.com
Registered office
JOHANNESBURG
Gold Fields Limited
150 Helen Road
Sandown
Sandton
2196
Postnet Suite 252
Private Bag X30500
Houghton
2041
Tel: +27 11 562 9700
Fax: +27 11 562 9829
Office of the United Kingdom secretaries
LONDON
St James’s Corporate Services Limited
Suite 31, Second Floor
107 Cheapside
London
EC2V 6DN
United Kingdom
Tel: +44 20 7796 8644
Fax: +44 20 7796 8645
e-mail: general@corpserv.co.uk
American depository receipts transfer agent
Shareholder Correspondence should be mailed to:
BNY Mellon Shareowner Services
P.O. Box 30170
College Station, TX 77842-3170
Overnight Correspondence should be sent to:
BNY Mellon Shareowner Services
211 Quality Circle, Suite 210
College Station, TX 77845
e-mail: shrrelations@cpushareownerservices.com

Phone Numbers
Tel: 888 269 2377 Domestic
Tel: 201 680 6825 Foreign
Sponsor
J.P. Morgan Equities South Africa (Pty) Ltd
Gold Fields Limited
Incorporated in the Republic of South Africa
Registration number 1968/004880/06
Share code: GFI
Issuer code: GOGOF
ISIN – ZAE 000018123
Investor enquiries
Avishkar Nagaser
Tel: +27 11 562 9775
Mobile: +27 82 312 8692
e-mail: avishkar.nagaser@goldfields.com
Thomas Mengel
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
e-mail: thomas.mengel@goldfields.com
Media enquiries
Sven Lunsche
Tel: +27 11 562 9763
Mobile: +27 83 260 9279
e-mail: sven.lunsche@goldfields.com
Transfer secretaries
SOUTH AFRICA
Computershare Investor Services (Proprietary) Limited
Rosebank Towers
15 Biermann Avenue
Rosebank
Johannesburg
2196
P O Box 61051
Marshalltown
2107
Tel: +27 11 370 5000
Fax: +27 11 688 5248
UNITED KINGDOM
Capita Asset Services
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU
England
Tel: 0871 664 0300
Calls cost 12p per minute plus your phone company's access
charge.
If you are outside the United Kingdom,
please call +44 371 664 0300.
Calls outside the United Kingdom will be charged at the applicable
international rate.
The helpline is open between 9:00am – 5:30pm. Monday to Friday
excluding public holidays in England and Wales.
e-mail:ssd@capita.co.uk
Website
WWW.GOLDFIELDS.COM
Listings
JSE / NYSE / GFI
SWX: GOLI
CA Carolus° (
Chair)  RP Menell° (Deputy Chair) NJ Holland*•  (Chief Executive Officer) PA Schmidt •  (Chief Financial Officer)
A Andani
#
° PJ Bacchus° TP Goodlace° DMJ Ncube° SP Reidˆ° YGH Suleman° GM Wilson°
ˆ Australian * British
#
Ghanaian
° Independent Director    •Non-independent Director
background image
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 authorised.
GOLD FIELDS LIMITED
Dated: 26 April 2017
By:
/s/ Nicholas J. Holland
Name:
Nicholas J. Holland
Title:
Chief Executive Officer