FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of October 2008
Commission File Number 1-31318
Gold Fields Limited
(Translation of registrant's name into English)
24 St. Andrews Rd.
Parktown, 2193
South Africa
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
cover Form 20-F or Form 40-F.
Form 20-F..x... Form 40-F.....
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ________
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ________
Indicate by check mark whether by furnishing the information contained in this Form,
the registrant is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ..... No ..x...
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
Directors: A J Wright (Chairman), N J Holland
†
(Chief Executive Officer), K Ansah
#
, T P Goodlace (Chief Operating Officer), J G Hopwood, G Marcus,
D N Murray, D M J Ncube, R L Pennant-Rea
†
, C I von Christierson, G M Wilson
†
British,
#
Ghanaian
Corporate Secretary: C Farrel
Gold Fields Limited
Reg. 1968/004880/06
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Fax+27 11 484-0639
www.goldfields.co.za
24 St Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Tel +27 11 644-2400
Fax+27 11 484-0639
www.goldfields.co.za
Enquiries
Willie Jacobsz
Tel +508 358-0188
Mobile +857 241-7127
M E D I A R E L E A S E
Gold Fields to Sell BIOX Technology Business
Johannesburg, 2 October 2008: Gold Fields Limited (“Gold Fields”)
(NYSE, JSE, DIFX: GFI) today announced that it has entered into an
agreement with Bateman Engineering N.V. to sell its BIOX Technology
Business to Bateman Engineering for a net cash consideration of
US$8.84 million.
The BIOX business is the owner of a proprietary and patented
technology, known as the BIOX process, which is used for the pre-
treatment of refractory ores and concentrates prior to gold recovery
through conventional cyanide leaching techniques. Included in the sale
is a second technology, currently in development, for the efficient
removal of thiocyanate and cyanide from leach solutions. The
technology, known as ASTER (Activated Sludge Tailings Effluent
Remediation), is currently undergoing pilot plant testing and if
commercially viable could be applied to many conventional gold
processing plants worldwide.
technology, known as the BIOX process, which is used for the pre-
treatment of refractory ores and concentrates prior to gold recovery
through conventional cyanide leaching techniques. Included in the sale
is a second technology, currently in development, for the efficient
removal of thiocyanate and cyanide from leach solutions. The
technology, known as ASTER (Activated Sludge Tailings Effluent
Remediation), is currently undergoing pilot plant testing and if
commercially viable could be applied to many conventional gold
processing plants worldwide.
As part of the transaction Bateman will be acquiring Biomin
Technologies SA, a Swiss registered entity, holder of the relevant
intellectual property, patents and trademarks, as well as the majority of
the related licensing agreements with the mining companies that make
use of the technology.
Gold Fields has chosen to dispose of this business as it does not form
part of its core business activities. A focused engineering and
technology company such as Bateman is better placed to develop
BIOX and its related technologies to their full potential.
The transaction is conditional, inter alia, upon the approval of the South
African Reserve bank
Technologies SA, a Swiss registered entity, holder of the relevant
intellectual property, patents and trademarks, as well as the majority of
the related licensing agreements with the mining companies that make
use of the technology.
Gold Fields has chosen to dispose of this business as it does not form
part of its core business activities. A focused engineering and
technology company such as Bateman is better placed to develop
BIOX and its related technologies to their full potential.
The transaction is conditional, inter alia, upon the approval of the South
African Reserve bank
-ends-
About Gold Fields
Gold Fields Limited is one of the world’s largest unhedged producers of gold with
attributable production of 3.64 million ounces per annum from eight operating mines in
South Africa, Ghana and Australia. A ninth mine, Cerro Corona Gold/Copper mine in Peru,
commenced production in August 2008 at an initial rate of approximately 375,000 gold
equivalent ounces per annum. The company has total attributable ore reserves of 83 million
ounces and mineral resources of 251 million ounces. Gold Fields is listed on JSE Limited
(primary listing), New York Stock Exchange (NYSE), Dubai International Financial
Exchange (DIFX),Euronext in Brussels (NYX) and SWX Swiss Exchange (SWX).
attributable production of 3.64 million ounces per annum from eight operating mines in
South Africa, Ghana and Australia. A ninth mine, Cerro Corona Gold/Copper mine in Peru,
commenced production in August 2008 at an initial rate of approximately 375,000 gold
equivalent ounces per annum. The company has total attributable ore reserves of 83 million
ounces and mineral resources of 251 million ounces. Gold Fields is listed on JSE Limited
(primary listing), New York Stock Exchange (NYSE), Dubai International Financial
Exchange (DIFX),Euronext in Brussels (NYX) and SWX Swiss Exchange (SWX).
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: 02 October 2008
GOLD FIELDS LIMITED
By:
Name: Mr W J Jacobsz
Title: Senior Vice President: Investor
Relations and Corporate Affairs