Gold Fields To Resume Full Production At Kloof Mine Monday
Friday June 27th, 2008 / 13h34
JOHANNESBURG -(Dow Jones)- Gold Fields Ltd. (GFI) should return to full production at its Kloof gold mine Monday after a shaft was closed Thursday following a tremor that killed two workers, a company spokesman said Friday. Gold Fields' Andrew Davidson said the South African government at about noon Thursday lifted an order suspending mining operations at No. 4 shaft of the mine near Westonaria, west of Johannesburg. The closure of the shaft cost the mine about 20 kilograms in gold production Thursday and a further 50 kilograms Friday, Davidson told Dow Jones Newswires. The mine, where production wasn't scheduled for the weekend, will resume full operations on Monday. Davidson said some ore has been hoisted Friday, while there was some processing of surface stock. The Johannesburg-based company, Africa's second-largest gold producer after AngloGold Ashanti Ltd. (AU), Thursday suspended output at No. 4 shaft after two employees who had been cleaning out broken ore in a stope some 3,000 meters below the surface were killed following a tremor of 1.2 on the Richter scale. Kloof accounted for 175,500 of the 827,000 troy ounces produced by Gold Fields in the three months to March 31. Company Web site: www.goldfields.co.za -By Robb M. Stewart, Dow Jones Newswires; +27 11 783 7848; robb.stewart@dowjones.com
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