Business Context and Reporting Period
This Form 6-K filing by Gold Fields Limited (GFI) is dated March 12, 2003. The document serves as a report of a foreign private issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934. The filing primarily disseminates a media release regarding a senior management appointment at the company's Kloof Gold Mine in South Africa.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a corporate announcement and does not contain financial statements or quantitative performance data.
Material Changes
The material change disclosed is a leadership transition at the Kloof Gold Mine:
- Outgoing Executive: Neal Froneman is stepping down as Vice President and Head of Operations for the Kloof Gold Mine at the end of March 2003 to pursue personal business interests.
- Incoming Executive: Gerrit Kennedy will replace Froneman effective April 1, 2003.
- Operational Context: Management noted that Froneman's leadership assisted in the mine's turnaround, leaving behind a strong team for Kennedy to consolidate.
Guidance, Outlook, and Management Commentary
Mike Prinsloo, Executive Vice President and Head of South African Operations, provided commentary on the transition. He expressed appreciation for Froneman's contribution to the Kloof mine's turnaround and indicated confidence in the legacy left for the new leadership. The filing contains no financial guidance, outlook projections, risk factors, or discussion of contingencies.
Key Facts for Investor Verification
- Verify the effective date of Gerrit Kennedy's appointment (April 1, 2003) and his prior experience at Samancor and AngloGold.
- Confirm the status of the Kloof Gold Mine's turnaround efforts following the departure of Neal Froneman.
- Note that this filing contains no financial data; investors should refer to the company's Form 20-F for financial performance metrics.