Gold Fields

Corporate

Final cash dividend

In line with the Company's dividend policy, the Board has approved and declared a final dividend number 93 of 320 SA cents per ordinary share (gross) in respect of the year ended 31 December 2020. The final dividend will be subject to the Dividend Withholding Tax of 20 per cent. In accordance with paragraphs 11.17(a) (i) and 11.17(c) of the JSE Listings Requirements, the following additional information is disclosed:

  • The dividend has been declared out of income reserves;
  • The gross local dividend amount is 320 SA cents per ordinary share for shareholders exempt from dividends tax;
  • The Dividend Withholding Tax of 20 per cent (twenty per centum) will be applicable to this dividend;
  • The net local dividend amount is 256 SA cents per ordinary share for shareholders liable to pay the dividends tax;
  • Gold Fields currently has 883,578,092 ordinary shares in issue; and
  • Gold Fields' income tax number is 9160035607.

Shareholders are advised of the following dates in respect of the final dividend:

  • Final dividend number 93: 320 SA cents per share;
  • Last date to trade cum-dividend: Tuesday, 9 March 2021;
  • Sterling and US Dollar conversion date: Wednesday, 10 March 2021;
  • Shares commence trading ex-dividend: Wednesday, 10 March 2021;
  • Record date: Friday, 12 March 2021; and
  • Payment of dividend: Monday,15 March 2021.

Share certificates may not be dematerialised or rematerialised between Wednesday, 10 March 2021 and Friday, 12 March 2021, both dates inclusive.

Granny Smith Mine Renewable Resource

Gold Fields reinforced its commitment to lower carbon operations with the completion of one of the world's largest renewable energy microgrids for the Granny Smith gold mine in Western Australia.

The new hybrid power system, which has been integrated with an existing gas fired power station, is powered by more than 20,000 solar panels and supported by a 2 MW/1 MWh battery system. Once fully operational, it will reduce the mine's fuel consumption by 10-13% – the equivalent of removing 2,000 cars from the road.

In total, the solar, thermal and battery storage assets will produce around 18 GWh of energy every year, with carbon emissions at the mine expected to be reduced by approximately 9,500 tCO2-e.

The Agnew mine now operates with a 56MW renewable microgrid and was the first in Australia to power a mine with wind-generated electricity. The project comprises five wind turbines, a solar farm, battery system and off-grid gas/diesel engine power plant.

Gold Fields Ranked Top SA Mining Company in the 2020 DJSI

Gold Fields was again ranked the top South African mining company in the prestigious Dow Jones Sustainability Index (DJSI).

Gold Fields was ranked 4th among 75 mining companies and 2nd among gold mining companies. Canada's Teck Resources was the metals and mining industry leader based on its score of 90. Gold Fields' score was 80, more than double the industry average of 39. Gold Fields has consistently achieved a Top 5 metals and mining ranking in the DJSI since it started participating in 2011.

The 2020 DJSI scorecard, which was released this week, measures a range of environmental, social and governance (ESG) management practices through an annual assessment of the world's 1,400 largest companies. The DJSI assessment is carried out by SAM, a subsidiary of ratings agency S&P Global.

Australia's largest hybrid renewable microgrid takes top honours in international awards

Global distributed energy producer EDL's Agnew Hybrid Renewable Project in Western Australia edged out competition from around the world to be named Engineering Solution of the Year at the 2020 Global Energy Awards. The ground-breaking 56MW microgrid at Gold Fields' Agnew gold mine incorporating wind, solar and thermal generation and battery storage was recognised at the 2020 Asian Power Awards (Innovative Power Technology of the Year – Australia) and 2020 Australian Engineering Excellence Awards (WA Division).

Gruyere to expand with renewable energy hybrid microgrid

The Gruyere installation of a renewable energy hybrid microgrid will increase the mine's power capacity to enable plant throughput up to a targeted 10 million tonnes per annum (Mtpa). Phase 1 is an installation of an additional 4MW gas engine by mid-2021. Phase 2 is installation of a 13MW solar farm and 4.4MW battery energy storage system by the end of 2021.

The benefits of the sustainable power expansion at Gruyere include reduction of carbon emissions by an estimated 16,000 tCO2-e per annum, anticipated 5% power supply unit cost saving (MWh) at current gas market prices, ameliorating gas power generation capacity constraints, including the derating of gas engine performance at high ambient temperature and enabling increased plant throughput up to the target of 10 Mtpa.