Published On: Fri, Jul 22nd, 2016

Gold Fields appoints new board directors

goldfields logoJOHANNESBURG, (CAJ News) – GOLD Fields, the multiple-listed firm, has announced the appointments of Alhassan Andani and Peter Bacchus as independent non-executive directors to its Board.

The appointment of Andani takes effect on August 1 while that Bacchus is effective September 1.

This brings to four the announcements of new non-executive directors to the Gold Fields Board over the past two months.

Earlier this month Gold Fields announced that former KPMG Africa Chair Yunus Suleman will join the Board on September 1, while Impala Platinum Chief Executive Officer, Terence Goodlace, joined as a director on July 1.

Gold Fields Chairperson Cheryl Carolus said the four new directors will ensure continuity of the skills set of the Board as a number of the current directors were approaching retirement age over the next two years.

Former director David Murray stepped down from the Board on June 1.

“The new directors provide the technical, financial, commercial and global mining experience necessary to help Gold Fields maintain and further strengthen its position as a global leader in sustainable gold mining,” Carolus said.

Gold Fields is an unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa with attributable annual gold production of approximately 2 million ounces.

It has a primary listing on the JSE Limited, with secondary listings on the New York Stock Exchange (NYSE) and the Swiss Exchange (SWX).

CAJ News

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