Achievements and challenges for Gold Fields in the Americas in its operations and in the development of projects

"In these difficult times for the mining world, mainly due to the global uncertainty about metal prices and the increased activity of opponents to the mining industry, it is essential that mining companies focus on efforts and strategies that will give them the most flexibility to succeed under the fury of these phenomena. The careful management of systems to control costs, and indicators to measure with great precision actual variations in costs and cash flows, are essential to adequately manage the uncertainty. Similarly, clear corporate and regional strategies designed to maximize cash flow and operating margin will allow the company to be better prepared to face any negative situations caused by declining metals prices, stricter government regulations and increasing social pressure. Gold Fields Limited, a corporation of South African origin and with more than 100 years in the gold mining business, has developed the ability to adapt to large changes generated by different global crisis throughout its history. This occasion will be no different. Given the critical situation of the mining industry in the world today, Gold Fields has embarked on a re-structuring plan at global level that will allow much closer control and real efficiency of production costs. This plan includes the creation of regional business units that allow greater independence for each region while still preserving the standards and cultural values of the Corporation. This presentation will explain why we believe that this approach combines the best aspects of the two styles of business, and what are the expected results. In the Americas Region, Gold Fields currently operates Cerro Corona, in Peru. In addition, the company is considering opportunities for growth in Chile, Brazil, Mexico and Canada."