Posted in | Copper | Mining Business

Gold Fields Releases Comprehensive Overview of Mineral Resource and Mineral Reserve Status

Gold Fields Limited has published its Mineral Resource and Mineral Reserve Supplement to the 2013 Integrated Annual Review on the Gold Fields website at http://www.goldfields.com.

The Gold Fields Mineral Resource and Mineral Reserve Supplement 2013 contains a comprehensive overview of Gold Fields' Mineral Resource and Mineral Reserve status as well as a detailed breakdown for its operations and growth projects.

As at 31 December 2013, Gold Fields had attributable gold Mineral Reserves of 48.6 million ounces and gold Mineral Resources of 113.4 million ounces (100 million ounces exclusive of growth projects). In addition, the attributable copper Mineral Reserves totalled 708 million pounds and Mineral Resources 7,120 million pounds (1,119 million pounds exclusive of growth projects).

Stated figures are net of production depletion. The Mineral Reserves are based on a gold price of US$1,300/oz, a copper price of US$3.0/lb and are compliant with the SAMREC Code. Relevant tonnes, grades, classification, reconciliations and Competent Persons are detailed in the Supplement. The Mineral Resources of growth projects have not been converted to Mineral Reserves.

Source: http://www.goldfields.com/

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