Re St Helena & Oryx
18 Febbraio 2002 - 12:51PM
UK Regulatory
RNS Number:6132R
Gold Fields Ld
18 February 2002
GOLDFIELDS
MEDIA RELEASE
Gold Fields Limited Enquiries
Reg. 1968/004880/06
24 St Andrews Road South Africa
Parktown, 2193
Postnet Suite 252 Willie Jacobsz
Private Bag X30500 Tel +27 11 644-2460
Houghton, 2041 Fax +27 11 484 0639
South Africa
Tel +27 11 644-2400 North America
Dir + 27 11 644-2505
Fax +27 11 484-0639 Cheryl A Martin
www.goldfields.co.za Tel +303 796-8683
Fax +303 796-8293
Gold Fields To Retain St Helena and Oryx
Johannesburg, Monday, 18 February 2002: Gold Fields Limited (JSE - GFI; Nasdaq -
GOLD) today announced that it had allowed the exclusive option granted to
Harmony Gold Mining Company Limited to negotiate the acquisition of St Helena
and Oryx Gold Mines in the Free State, to lapse.
Chris Thompson, Chairman and Chief Executive Officer of Gold Fields said: "At
current gold prices St Helena and Oryx Gold Mines are valuable contributors to
earnings."
In addition, the exclusive option granted to Gold Fields by Harmony to negotiate
the acquisition of its 9.8% stake in Auriongold Limited (formerly Goldfields
Limited of Australia) had also lapsed. Both options lapsed on 15 February 2002.
"Our recent acquisition of St Ives and Agnew Gold Mines in Australia has given
Gold Fields a solid and highly prospective platform for growth in that country.
In the near term our focus is to realise the full potential of those assets.
Regrettably the Auriongold assets are to enthusiastically priced for us," said
Thompson.
"Both decisions are consistent with our strong track record of doing only deals
that make sense for Gold Fields' shareholders," he added.
end
Enquiries : Willie Jacobsz
(011) 644-2460
082-493-1377
This information is provided by RNS
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