Thursday, June 14, 2007

Gold Fields weighing options to boost South Deep

(Reuters) - South African gold miner Gold Fields Ltd said on Wednesday it was considering four scenarios of how to combine its new South Deep mine with its Kloof mine to boost output and would make a decision soon.

Ian Cockerill, chief executive of Gold Fields, said the company had started with more than 60 scenarios on how to boost output at the mine which it bought for $2.5 billion, and would make a decision by late August or sometime in September.


Read more at Reuters Africa

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