FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of October 2003
Commission File Number 1-31318
Gold Fields Limited
24 St. Andrews Rd.
Parktown, 2193
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 [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):
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):
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.
Yes [ ] No [X]
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
Signatures |
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 |
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M E D I A R E L E A S E | ||
Gold Fields Reports Increase in Mineral Resources and Reserves | ||
Johannesburg, 2 October 2003: Gold Fields Limited (GFI NYSE and JSE) announces increases in both its Mineral Resources and Reserves for fiscal year ending 30 June, 2003. | ||
Attributable Resources have increased from 186.0 to 195.3 million ounces, including the Arctic Platinum Project in Finland. Attributable Reserves have increased by 3.0 million ounces to 81.5 million ounces. | ||
Ian Cockerill, Chief Executive Officer of Gold Fields said: To end the year with a net gain of 3 million reserve ounces, and to offset the 4.7 million ounces we depleted, means that we actually found 7.7 million ounces of new reserves during the year. This reflects well on the increased focus on organic growth and exploration within Gold Fields. | ||
Gold Fields spends approximately US$70 million a year on exploration worldwide. Of this, approximately US$30 million is spent on brownfields exploration on or near existing mining properties, where the new reserves were found. | ||
Gold Fields reports its Mineral Resources and Reserves in accordance with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC Code). The code has been incorporated into the rules of the JSE Securities Exchange South Africa regarding listing requirements and continuing obligations. In addition Gold Fields has written and implemented an additional internal code of practice that takes cognisance of the diverse nature of its operations and considers the requirements of all internationally recognised codes, including industry Guide 7 as interpreted by the Staff of the US Securities Exchange Commission. | ||
A comprehensive Resources and Reserves Statement can be found on the Companys website at www.goldfields.co.za or in its recently published annual report for 2003 which was mailed to all shareholders and is available upon request. |
end
Enquiries
South Africa
Willie Jacobsz
Tel +2711 644-2460
Fa +2711 484-0639
North America
Cheryl A Martin
Tel +303 796-8683
Fa +303 796-8293
(Financial
Director), G J Gerwel, J M McMahon, G R
Parker, R Pennant-Rea, P J Ryan, T M G Sexwale, B R van Rooyen,
C I von
Christierson *Canadian, British,
American
COMPARISON OF F2002 AND F2003 RESOURCES AND RESERVES
Resource | Reserve | |||||||||||||||||||||||||||||||||||||||
Gold | Gold | Head | Gold | Gold | ||||||||||||||||||||||||||||||||||||
Mill Tons | Grade | (000 oz) | (000 oz) | Attributable | Mill Tons | Grade | (000 oz) | (000 oz) | ||||||||||||||||||||||||||||||||
GOLD |
(Mt) | (g/t | ) | F2003 | F2002 | % | (Mt) | (g/t | ) | F2003 | F2002 | |||||||||||||||||||||||||||||
Driefontein |
148.5 | 11.0 | 52 616 | 49 623 | 100 | 108.8 | 7.7 | 27 102 | 27 651 | |||||||||||||||||||||||||||||||
Kloof |
207.9 | 13.0 | 86 979 | 84 261 | 100 | 106.0 | 9.1 | 31 092 | 29 974 | |||||||||||||||||||||||||||||||
Beatrix |
132.4 | 5.4 | 23 069 | 21 539 | 100 | 77.2 | 4.9 | 12 186 | 12 496 | |||||||||||||||||||||||||||||||
SA
Operations* |
488.8 | 10.4 | 162 664 | 155 423 | 292.0 | 7.5 | 70 380 | 70 121 | ||||||||||||||||||||||||||||||||
Tarkwa |
471.9 | 1.5 | 22 309 | 18 890 | 71.1 | 232.0 | 1.3 | 9 828 | 6 530 | |||||||||||||||||||||||||||||||
Damang |
27.9 | 1.7 | 1 516 | 1 765 | 71.1 | 17.3 | 1.7 | 919 | 1 189 | |||||||||||||||||||||||||||||||
St Ives |
87.0 | 2.6 | 7 295 | 6 742 | 100 | 28.2 | 3.3 | 2 989 | 2 336 | |||||||||||||||||||||||||||||||
Agnew |
12.7 | 5.4 | 2 198 | 1 810 | 100 | 2.6 | 6.4 | 535 | 601 | |||||||||||||||||||||||||||||||
International
Operations |
599.4 | 1.7 | 33 318 | 29 207 | 280.1 | 1.6 | 14 271 | 10 656 | ||||||||||||||||||||||||||||||||
Total
Gold Fields |
1 088.1 | 5.6 | 195 982 | 184 630 | 572.1 | 4.6 | 84 650 | 80 777 | ||||||||||||||||||||||||||||||||
2 PGE | 2 PGE | |||||||||||||||||||||||||||||||||||||||
PLATINUM |
Tons (Mt) | +Au | +Au | |||||||||||||||||||||||||||||||||||||
(g/t | ) | (000 oz) | ||||||||||||||||||||||||||||||||||||||
Arctic
Platinum |
156.7 | 2.4 | 12 213 | 14 400 | 51 | |||||||||||||||||||||||||||||||||||
Total
Precious
Metals |
1 244.8 | 208 195 | 199 030 | 572.1 | 84 650 | 80 777 | ||||||||||||||||||||||||||||||||||
Total
attributable to Gold Fields |
1023.6 | 195 325 | 186 005 | 500.1 | 81 544 | 78 546 |
Statement excludes St Helena which was sold on the 29 October 2002.
ends
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.
GOLD FIELDS LIMITED | ||||
Date: 2 October 2003 | ||||
By: |
Name: Mr W J Jacobsz Title: Senior Vice President: Investor Relations and Corporate Affairs |