Gold Fields Limited Reports KDC East Strike
Gold Fields Limited (NYSE: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC) on the West Rand in South Africa have been engaging in an unlawful and unprotected strike since the start of the night shift on Wednesday, 29 August 2012.
Approximately 12,000 employees are participating in the strike and to date two night shifts as well as two day shifts have been lost (including today).
The senior leadership of Gold Fields' South Africa Region as well as the KDC mine have been on site since the start of the strike, engaging with all stakeholders, including organised labour and associated structures, with a view to maintaining the peace and resolving the strike.
Peter Turner, Executive Vice President and Head of Gold Fields' South Africa Region, said:
"Based on informal feedback from employees, the strike appears to be related mainly to disagreements within organised labour and related structures on the mine, although we cannot confirm this."
"The safety of our people is our first priority and we appeal to all stakeholders to continue to act with restraint and to find peaceful solutions to