Gold Fields goes BEE

March 17, 2009

Gold Fields, the world's fourth-largest gold producer, on Tuesday confirmed that Mvelaphanda Resources (Mvela Resources) had taken receipt of its 15 percent shareholding in Gold Fields' South African operations GFI Mining South Africa (GFIMSA).

This follows the maturing of Gold Fields' R4.1-billion black economic empowerment transaction with Mvela Resources' wholly owned subsidiary Mvelaphanda Gold (Mvela Gold).

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