About Gold Fields

Gold Fields Limited (Gold Fields) operates as a significant producer of gold and a major holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper. In Chile, Gold Fields will produce silver and gold from 2023. Gold Fields is primarily involved in underground and surface gold and surface copper mining and silver from 2023 and related activities, including exploration, extraction, processing and smelting. Gold Fields’ economic interest in the South Deep mine in South Africa is 96.43%. Gold Fields also owns a 100% of the St Ives, Agnew, Granny Smith mines and 50% of the Gruyere gold mine in Australia, 90.0% of the Tarkwa and Damang mines in Ghana and 45% of the Asanko mine in Ghana. Gold Fields also owns 99.5% of the Cerro Corona mine in Peru. Australasia Operations The Gruyere deposit is located within the Yamarna Terrane of the eastern Yilgarn, Western Australia (27º59’04”S and longitude 123º50’43”E or GDA94 / MGA Zone 51 coordinates 583,115E and 6,904,206N). Granny Smith is owned by GSM Mining Company (Pty) Ltd., a wholly owned subsidiary of Gold Fields. St. Ives is located by road 650 kilometres east of Perth. Agnew holds exploration licences, prospecting licences and mining leases covering a total area of approximately 72,542 hectares. Agnew operates two underground mines, namely Waroonga and New Holland. The primary mining method at Waroonga is long-hole sub-level stoping with paste fill. The New Holland mining method depends on the geometry of the ore structure, with the primary method being long-hole open-stoping. South African Operations Gold Fields’ South African region consists solely of the South Deep gold mine. South Deep is situated 70 kilometres southwest of the head corporate office in Johannesburg, in the Gauteng Province of South Africa. South Deep is divided into three principal areas, consisting of the Current Mine area, which is characterised by selective mining methods scattered over a large area and is accessed from four active levels from both the South Shaft and Twin Shaft complexes; the North of Wrench area, which is directly south and down dip of the Current Mine, and comprises six mining corridors separated by regional pillars; and the South of Wrench area, which is situated south and down dip of North of Wrench separated by a major up-dipping Wrench Fault from South of Wrench, will be mined in the same manner as the North of Wrench. West Africa Operations Gold Fields’ West Africa operations include the Damang and Tarkwa gold mines in Ghana as well as the Asanko gold mine (through the Asanko JV). The Damang deposits are located in the Wassa West District in southwestern Ghana. The mine now exclusively exploits hydrothermal-style gold deposits but historically has also produced from paleoplacer ore bodies. The Tarkwa mine is located in southwestern Ghana. The Tarkwa mine consists of several open pit operations on the original Tarkwa property and the adjacent southern portion of the property, which was formerly referred to as the Teberebie property and was acquired by Gold Fields in August 2000. Mining is done by open pit using conventional drill and blast and truck and shovel methods using contractor mining.The Tarkwa mine operates under mining leases with a total area of approximately 19,866 hectares, the entirety of which are for surface operations and excluding the overlapping area between Tarkwa and Damang. Adjustments to the licensed area are the result of the cadastral system revisions. Americas Operations The Salares Norte project is 100% owned by Gold Fields through its shareholding in Minera Gold Fields Salares Norte SpA (MGFSN) and is a high grade, open pit, gold-silver project located in the Atacama region of northern Chile, with elevations between 4,200 metres and 4,900 metres above mean sea level. The nearest town is Diego de Almagro, about 183 kilometres by road to the west of the project. Mineralisation is contained within a high-sulphidation epithermal system hosted by a breccia complex, and most of the mineralisation known to date is oxidised. MGFSN holds 22,800 hectares of exploitation concessions (mining rights) with definitive title granted including 1,800 hectares covering the project area. MGFSN holds 69,700 hectares of additional exploration concessions and an option agreement with Pan Pacific Copper Exploration Chile Ltda. covering 2,200 hectares (consists of 300 hectares of mining concessions and 1,900 hectares of exploration concessions) to the northwest of Salares Norte. MGFSN also holds an option agreement with Chilean private owners covering 2,500 hectares (comprised of 900 hectares of mining concessions and 1,600 hectares of exploration concessions) 40 km southeast of Salares Norte. Gold Fields Corona (BVI) Limited, a wholly owned subsidiary of Gold Fields, owns a 99.53% economic interest in Cerro Corona through its shareholding in Gold Fields La Cima (GFLC). The Cerro Corona mine operates one open pit and one copper-gold plant and became operational in 2008. It mines a porphyry copper-gold deposit situated within the Hualgayoc Mining District in northern Peru. It is located in the highest part of the Western Cordillera of the Andes, at elevations ranging from 3,600 metres to 4,000 metres above mean sea level, close to the headwaters of the Atlantic continental basin (longitude 78°37’ W and latitude 6°45’ S). Cerro Corona is located approximately 80 kilometres by road north of Cajamarca. The total property area owned by Cerro Corona covers 6,265ha, comprising 4,974ha mining concessions, with the surface rights covering 1,291ha. Non-Material Properties Through its subsidiary, Gold Fields holds a 45% interest in the Asanko JV, which holds a 100% stake in Asanko (comprising the Asanko Gold Mine and its associated properties and exploration rights in Ghana). Pursuant to the joint venture, Galiano Gold holds 45% interest in the Asanko JV and the Ghanaian government holds 10% of the Asanko JV as a free carried interest. The Asanko operations are managed by Galiano Gold as part of the Asanko JV agreement. The Asanko concessions are located in the Amansie West District of the Ashanti Region of Ghana, approximately 275 kilometres northwest of the capital Accra, and 105 kilometres southwest of the regional capital of Kumasi. During 2022, two pits at Asanko were actively mined for about six months. Asanko holds a total area of approximately 47,600 hectares under mining and prospecting leases, which span 30 kilometres strike length of the Asankrangwa Gold Belt. Interest in Joint Operation On 13 December 2016, Gold Fields purchased 50% of the Gruyere Gold Project and entered into a 50:50 unincorporated joint operation with Gold Road Resources Limited (Gold Road) for the development and operation of the Gruyere Gold Project in Western Australia, which comprises the Gruyere gold deposit, as well as additional resources, including Central Bore and Attila/Alaric. The Gruyere project was completed during 2019, with first gold produced in 2019. The Damang deposits are located in the Wassa West District in southwestern Ghana approximately 270 kilometres by road west of Accra. Damang holds mining and prospecting leases with a total area of approximately 24,265 hectares. The Tarkwa mine is located in southwestern Ghana. Environmental and Regulatory Matters The company undertakes activities, which are regulated by the National Nuclear Regulator Act, No. 47 of 1999 (NNR Act). At the state level, the company is subject to the Environmental Protection Act 1986 (WA) (EP Act), under which it is obliged to prevent and abate pollution and environmental harm. History Gold Fields Limited was founded in 1887. The company was incorporated and registered as a public limited company in South Africa under registration number 1968/004880/06 in 1968.