Integrated Annual Review 2012 Annual Financial Report 2012 Mineral Resources and Mineral Reserves Regional overview  

1.3 Restructuring

In February 2013, the previously 100%-owned subsidiary Sibanye Gold (formerly GFI Mining South Africa Proprietary) was launched as an independently managed entity and was listed on the JSE and NYSE. Sibanye Gold owns and manages two mature underground mines that previously fell within the Gold Fields Group – Beatrix and KDC – as well as a number of service companies, such as Gold Fields Protection Services, the Gold Fields Business Leadership Academy, Shared Services and related services.

Both Sibanye Gold and Gold Fields remain South African domiciled companies with primary listings on the JSE and secondary listings of American Depository Receipts on the NYSE. Gold Fields other existing secondary listings on the Dubai, Brussels and Swiss stock exchanges remain unchanged.

Figure 1.3: Unbundling of Sibanye Gold

Portfolio Review

Portfolio Review