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Gold Fields

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Gold Fields Limited
Company typePublic
JSE: GFI
NYSEGFI
EuronextGFLB
SIXGOLI
Template:NASDAQ Dubai
IndustryGold mining
HeadquartersJohannesburg, South Africa
Number of locations
South Africa (four mines), Ghana (two mines), Australia (five mines), Peru (one mine)
Key people
Cheryl Carolus (Chairwoman)[1]
Alan Wright
Nicholas Holland
Paul Schmidt
Michael Fleischer
ProductsGold
RevenueR31.56 billion (FY 2010)[2]
R7.73 billion (FY 2010)[2]
Number of employees
49,715 (FY 2010)[2]
Websitewww.goldfields.co.za

Gold Fields Limited is a South African gold mining firm, one of the world’s largest, which is listed on both the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE). The firm was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. As of the third quarter of 2014, Gold Field was the world's seventh-largest producer of gold.[3]

The company is headquartered in Johannesburg, South Africa. It owns and operates mines in South Africa, Ghana, Australia and Peru. It's growth efforts are focused mainly in the regions where it already has a footprint and are mainly driven through brown fields exploration on its existing land positions and through opportunistic M&A in the same regions. Its chairperson is Cheryl Carolus and the CEO is Nick Holland.

Board of directors

Executive Directors

  • Chief Executive Officer – Nicholas J Holland
Holland has worked in financial management for 29 years, 21 years of which were spent in the mining sector. He has been an executive at Gold fields since 1998, becoming CEO in 2008. Holland is also a director of the Rand Refinery, one of the world's largest gold refineries.[4]
  • Chief Financial Officer – Paul A Schmidt

Operations

Australia

Ghana

  • Tarkwa Gold Mine
4km west of the town of Tarkwa
  • Damang Gold Mine
30km north of the neighbouring Tarkwa Gold Mine

Peru

  • Cerro Corona Gold Mine
The Cerro Corona Mine in Peru is in the highest part of the western Cordillera of the Andes Mountains in the north of the country.

South Africa

Bibliography

  • Gold Fields: A Centenary Portrait by Paul Johnson (writer). Many black and white, colour plates of personnel and topography. Includes an image of Guy Carleton Jones, and refers to Consolidated Gold Fields and its subsidiary companies.[5]

References

  1. ^ http://za.news.yahoo.com/carolus-takes-over-gold-fields-chairwoman-103115054--finance.html
  2. ^ a b c Profiles's Stock Exchange Handbook: October 2010 – January 2011. Johannesburg, South Africa: Sasfin. 2010. p. 357. ISSN 1680-0036.
  3. ^ Simon Walker, "Gold: new fundamentals, Engineering & Mining Journal, Feb. 2015, v.216 n.2 p.34
  4. ^ a b "Gold Fields Company website". Gold Fields. Retrieved 10 September 2013. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  5. ^ Published by Weidenfeld and Nicolson (London) in 1987 with ISBN 0-297-78967-8