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Hsbc Bk. 25 | LSE:50NT | London | Medium Term Loan |
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RNS Number:6120D Gold Fields Ld 15 May 2001 Gold Fields Limited (Incorporated in the Republic of South Africa) (Registration number 1968/004880/06) Temporary cessation of mining at Number 1 and 2 shafts of Beatrix Gold Mine Gold Fields Limited (JSE - GFI and Nasdaq - GOLD) advises that, following an accident on Tuesday, 8 May 2001, in which 12 people tragically lost their lives, the Chief Inspector of Mines has ordered the temporary cessation of mining at the Number 1 and 2 shafts of the Beatrix Gold Mine. The order was issued in terms of section 54(1)(a) of the Mine Health and Safety Act 29 of 1996, pending the preliminary findings of an investigation into the causes of the accident. In compliance with the order, operations were halted with effect from 15:00 on Friday, 11 May 2001. The Beatrix Gold Mine, which is near Virginia in the Free State Province of South Africa, has three operating shafts and produces approximately 500,000 ounces of gold per annum. Operations at the newly commissioned Beatrix Number 3 shaft are unaffected. Johannesburg 13 May 2001
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