GOLD FIELDS LIMITED - Gold Fields provides an update on the Damang Mining lease extension

Gold Fields provides an update on the Damang Mining lease extension

Gold Fields Limited
Reg. No. 1968/004880/06)
Incorporated in the Republic of South Africa)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code:ZAE000018123
("Gold Fields", the "Company" or the "Group")


GOLD FIELDS PROVIDES AN UPDATE ON THE DAMANG MINING LEASE EXTENSION

As previously disclosed in our 2024 Integrated Annual Report, Gold Fields
(through its indirect subsidiary, Abosso Goldfields Limited) had applied
for an extension of the Damang Main Mining Lease (the Lease Extension
Application) in December 2024, the Company has subsequently however
received notification from the Minerals Commission of Ghana that the
application was rejected.

Gold Fields has engaged extensively with the relevant authorities since
receiving the rejection notice to confirm that its Lease Extension
Application has fulfilled all the statutory requirements for such
extension.

The Government has instructed Gold Fields to cease operations and vacate
the lease area by the 18th April on expiry of the lease. Gold Fields is
therefore preparing to safely and responsibly cease operations and ensure
the safety and security of our people and high-risk operations.

The Company continues to seek ongoing engagement with the Government to
secure the best outcome for all stakeholders.

These developments at Damang do not affect operations at Tarkwa, which
remain ongoing.

Gold Fields will update the market of any material developments as this
matter evolves.

14 April 2025

Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd

Investor and media enquiries:

Thomas Mengel
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
Email: Thomas.Mengel@goldfields.com
Jongisa Magagula
Tel: +27 11 562 9775
Mobile: +27 82 562 5288
Email: Jongisa.Magagula@goldfields.com


About Gold Fields
Gold Fields is a globally diversified gold producer with nine mines in
Australia, South Africa, Ghana, Chile and Peru and one project in Canada.
The Company has total attributable annual gold-equivalent production of
2.1Moz, proved and probable gold Mineral Reserves of 44.3Moz, measured
and indicated gold Mineral Resources of 30.4Moz (excluding Mineral
Reserves) and inferred Gold Mineral Resources of 11.6Moz (excluding
Mineral Reserves). Our shares are listed on the Johannesburg Stock
Exchange (JSE) and our American depositary shares trade on the New York
Exchange (NYSE).

Date: 14-04-2025 02:26:00
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