Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announcethat an employee at the South Deep Project in South Africa this morning lost his life inan industrial-type accident in an underground satellite workshop at the mine.
This is the second fatal accident of a similar nature at South Deep over the past 10days. The previous incident, in which one employee lost his life, was also anindustrial-type accident, and occurred on Saturday, 17 May 2014.
The relevant authorities have been notified and all activities in the affected areahave been suspended pending an inspection by management and the authorities.
Nick Holland, Chief Executive Officer of Gold Fields, said: “Our heartfelt condolencesgo out to the family, friends and colleagues of the deceased. Management will doeverything possible to support them in this hour of need.”
“We are deeply shocked by these tragic incidents as they follow a period of more thanthree years in which the mine had reported only one fatality, which occurred over a yearago.”
“These latest incidents have expedited a recently commenced and comprehensive reviewof all safety protocols, procedures and standards across the mine, because if we cannotmine safely we will not mine. We will act decisively to address any weaknesses identifiedby the review,” Mr Holland added.
The impact of these fatalities on production for the remainder of the year, togetherwith the potential impact of any proposed remedial action arising from the mine-widesafety review referred to above, will be announced as soon as possible.