Bloomberg News

Gold Fields May Apply for Contract for Philippine Project

September 13, 2011

Sept. 13 (Bloomberg) -- Gold Fields Ltd. may apply for a contract for its Far South East project in the Philippines, Mines and Geosciences Bureau director Leo Jasareno told reporters in Manila today.

Gold Fields, the world’s fourth-largest producer of the metal, last month said its Philippine project could contain 15 million ounces to 20 million ounces. A deposit of that size may be mined over 12 to 14 years, Chief Executive Officer Nick Holland said on Aug. 11.

To contact the editor responsible for this story: Cecilia Yap at cyap19@bloomberg.net


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