Illegal Strikes at Gold Fields' Ghanaian Mines Resolved


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


JOHANNESBURG, South Africa, April 9, 2013 /PRNewswire/ --

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to report that employees at its Tarkwa and Damang mines in Ghana returned to work yesterday evening and this morning after embarking on illegal industrial action last Tuesday (2 April 2013).

This follows after management and the Ghana Mineworkers Union reached settlement on the issues that gave rise to the dispute.

Notes to editors

About Gold Fields

Gold Fields is a significant unhedged producer of gold with attributable annualised production of 2.1 million gold equivalent ounces from six operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive and diverse global growth pipeline with four major projects at resource development and feasibility level. Gold Fields International has total managed gold-equivalent Mineral Reserves of 64 million ounces and Mineral Resources of 155 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). In February 2013, Gold Fields unbundled its KDC and Beatrix mines in South Africa into a separately listed company, Sibanye Gold.

Sponsor: J.P. Morgan Equities Limited

Enquiries

Investors
Willie Jacobsz
Tel: +27-11-562-9775
Mobile: +27-82-971-9238
Email: Willie.Jacobsz@goldfields.co.za

Media - South Africa
Sven Lunsche
Tel: +27-11-562-9763
Mobile: +27-83-260-9279
email: Sven.Lunsche@goldfields.co.za

Media - Ghana
Sharda Naidoo
Mobile: +233-533-338-138 (Ghana)
Mobile: +27-83-560-1769
email: Sharda.Naidoo@goldfields.co.za

SOURCE Gold Fields Limited


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Press Releases