Cerro Corona Mine

Technical Short Form Report

The Cerro Corona Mine in the Gold Fields Limited South America Region, is located 40 km north of the Yanacocha mine, and 80 km by road north of the departmental capital of Cajamarca in northern Peru. The deposit is hosted by a sub-vertical, cylindrical shaped diorite porphyry (600 700 m in diameter), emplaced in mid-Cretaceous limestone, marls and siliclastic rocks. This Technical Short Form Report provides brief information on the mining and operational performance achieved during the rst 10 months of operations and also presents an updated Mineral Resource and Mineral Reserve statement, as at 30 June 2009. Cerro Corona produces gold and copper by conventional open pit mining methods and beneciation of sulphide ores by the extraction of a copper-gold otation concentrate, which is trucked approximately 380 km to the Peruvian Port of Salaverry for shipment to smelters in Asia and Europe. The Mine is expected to produce approximately 2.1 Moz of gold and 407 kt of copper in concentrate over a 15 year Life of Mine. At the declared commodity prices, the estimated copper and gold production is equal to a total of 4.5 million ounces gold equivalents (Moz Au Eq). The Metallurgical Process Plant has a treatment capacity of 18,000 tons of ore per day, or approximately 6.2 million tons of ore per year. LoM average total cash cost (exclusive of capital costs and taxes) is projected at US$358/oz AuEq. All Mineral Resource and Mineral Reserve gures reported are managed unless otherwise stated and Mineral Resources are inclusive of Mineral Reserves.

Salient Features Ore processing started in August 2008 and full production was reached in December 2008. A total of 105 koz of gold and 23,947 t of copper were produced in the rst 10 months of operation. Mineral Resource at 8.1 Moz (gold equivalent). Mineral Reserve at 5.5 Moz (gold equivalent). The current Life of Mine extends to 2024 (15 years). Anchor point for growth in the Region.

Gold Fields Limited signed a denitive agreement in December 2003 to purchase an 80.7% economic and 92% voting interest in the Cerro Corona Project from Sociedad Minera Corona S.A., or SMC, a Peruvian family-owned company. The agreement called for a corporate reorganisation whereby the assets of the Cerro Corona Project were transferred to a Peruvian company called Gold Fields La Cima S.A. (formerly known as Sociedad Minera La Cima S.A.) in July 2004. The environmental impact assessment (EIA) for the project was submitted to the Peruvian Ministry of Energy and Mines, or MEM, in May 2005. The EIA was approved following a process of public consultation and comment, on 2 December 2005. Gold Fields Limited subsequently completed the purchase of a 92% voting interest (80.7% economic interest) in the Cerro Corona Project in January 2006.

Cerro Corona

Key Features
Independent Audit Prepared by Effective date Source of Information Personal Inspection General Location
Figures reported in this declaration are as reviewed and approved by external consultants as at 30 June 2009 Gold Fields Limited 30 June 2009 This Technical Statement is a summary of the detailed internally sourced document entitled F2010 Cerro Corona Competent Persons Report Personal inspection is conducted by the Competent Persons as listed, who are full time employees of Gold Fields Limited The Cerro Corona deposit, centred at longitude 78 37 8 W and latitude 6 45 36 S, is located 1.5 km west-northwest of the village of Hualgayoc, some 80 km by road north of the departmental capital of Cajamarca, a city of more than 100,000 people and approximately 600 km north-northwest of Lima the capital of Peru The mining rights owned by Cerro Corona cover an area of 2,940 ha. The surface rights related to the Cerro Corona Project is 945 ha. Cerro Corona is owned by Gold Fields La Cima S.A. (GFLC) Cerro Corona Mine operates one open pit operation and one copper gold otation plant at elevations ranging from approximately 3,600 to 4,000 m above mean sea level No extreme climatic conditions are experienced that may affect mining operations The Cerro Corona copper-gold deposit is typical of porphyry style mineralization comprising stockwork quartzpyrite-marcasite-chalcopyrite bornite hematite magnetite veining hosted by intensely altered intrusive lithologies of diorite to dacitic composition It is estimated that the current Mineral Reserve will be depleted in 2024 Cerro Coronas environmental objective is to achieve the ISO 14001 certication during this calendar year. The nal certication audit is planned for October 2009 Gold Fields Limited reports its Mineral Resources and Mineral Reserves in accordance with the South African Code for The Reporting of Exploration Results, Mineral Resources and Mineral Reserves (2007 SAMREC Code). The Mineral Resources and Mineral Reserves are underpinned by sufcient Mineral Resource Management process and protocol to ensure adequate corporate governance in respect of the intent of the Sarbanes-Oxley Act. In June 2009 the Lima Stock Exchange (www.bvl.com.pe) registered Gold Fields La Cima S.A. in the Good Corporate Governance Index (IBGC). This index, which is adjudicated on a yearly basis, includes the top nine listed companies in Peru, that exhibit the best practices in transparency, social responsibility, equity, trust and information integrity for their shareholders and stakeholders

Licence Status and Holdings Operational Infrastructure Climate Deposit Type

Life of Mine (LoM) Environmental

Regulatory Codes

Gold Fields has stated that: If we cannot mine safely, we will not mine. This principle is embedded at Cerro Corona.

Operating Statistics
Year ended June Waste Mined Sulphide Tons mined Strip Ratio Au Head Grade Cu Head Grade Tons Milled Au Head Grade Cu Head Grade Concentrate Produced Gold Produced Copper Produced Total Gold Equivalent Produced Total Gold Equivalent Sold Operating Cost Capital Expenditure NCE Total Cash Cost Total Cash Cost Number of Employees Expected LoM Reserves Au Head Grade of Mineral Reserves Cu Head Grade of Mineral Reserves 000 tons 000 tons w:o g/t % 000 tons g/t % tons koz tons eq koz eq koz US$/oz US$/oz US$/oz million US$ US$/oz personnel years million tons g/t % F2009 4,894 5,044 1.0 1.2 0.8 4,547 1.24 0.80 118,848 105 23,947 219 218 394 532 926 80.3 369 310 15 89.3 1,0 0.50 277 16 94.1 1.0 0.51 F2008 5,762 939 6.1 1.2 0.4 -

Geological Setting and Mineralisation

The Cerro Corona Project is located in northern Peru on the eastern slope of the western mountain range of the Andes. The copper-gold deposit is a typical porphyrystyle of mineralisation situated within the Hualgayoc Mining District in the northern part of the Cajamarca Province, a metallogenic province hosting prolic epithermal, porphyry and polymetallic style mineralisation. The mining area is characterised by moderate to moderately steep mountainous terrain with elevations ranging from approximately 3,600 to 4,000 m above mean sea level. The Cerro Corona copper-gold porphyry is one of fourteen known Tertiary-aged porphyry CuAu-Mo deposits and nineteen epithermal Au-Ag deposits located in the Cajamarca Metallogenic Province (CMP) of northern Peru. There are two well mineralised districts within the CMP. These are the Yanacocha district in the south of the province, which is host to the largest producing gold mine in South America, and the Hualgayoc Mining District in the north which is one of the oldest mining districts in Peru, best known for its past silver production and more recent base metal production. This well known district has been an important silver producing area since Inca times, with more than 50 million ounces of silver and signicant amounts of lead, zinc and copper produced from vein and manto-type deposits since the Spanish Conquest in the 16th Century. The Hualgayoc mining town was established in 1771.

Rounding off of gures presented in this report may result in minor computational discrepancies, where this occurs it is not deemed signicant.

The regional structure is characterised by large open folds of Cretaceous-aged sedimentary units, predominately limestones, with axial planes striking approximately 315 and steep southwest dips. Faulting is generally restricted to normal and oblique slip faults with offsets of a few metres to a few tens of metres.

Local geology
The Cerro Corona copper-gold deposit is hosted by a 600 to 700 m diameter subvertical cylindrical-shaped diorite porphyry emplaced in mid-Cretaceous limestone, marls and siliclastic rocks. Within the porphyry, the copper-gold mineralisation is primarily associated with zones of stockwork quartz veining conforming to classic porphyry-type vein denition. The Cerro Corona porphyry is unusual in that it carries a very high gold content in comparison to other copper-gold deposits. There are at least two phases of diorite placement, only one of which is mineralised. The non-mineralised diorite is generally regarded as the last event, and is referred to as barren core. Most recent geological modelling strongly suggests that the Cerro Corona porphyry is probably comprised of four or ve satellite stocks with the last two being barren. Early mineralisation was accompanied by moderate to strong potassic alteration which has been commonly overprinted by late, semi-pervasive argillic alteration and locally, by structurally controlled phyllic alteration assemblages (quartz-sericite-pyrite).

Regional Geology of the Cerro Corona area

The intrusive has been emplaced at the intersection of Andean-parallel and Andeannormal (transandean) structures, which is a typical feature of the Cajamarca Metallogenic Province. A dominant northeast-southwest trending fault system running through the intrusive is referred to as the Mariela Fault trend and has an important relationship with the distribution of mineralisation. There are three distinct mineralised zones within the deposit. These are identied as the Annulus Zone, the Northern Zone and the Southern Zone. Each of these is treated separately in

geological and resource modelling. In addition to the mineralised zones, the deposit is characterised by several domains conforming to the degree of oxidation and weathering. Supergene oxidation and leaching processes at Cerro Corona have led to the development of a weak to moderate copper enrichment blanket, allowing for the subdivision of the deposit, from the surface downward, into an oxide zone, a mixed oxide-sulphide zone, a secondary enriched (supergene) sulphide zone and a primary (hypogene) sulphide zone.

Sheeted and stockwork quartz-pyrite-marcasite-chalcopyrite bornite hematite magnetite veining

Blasthole drilling

3D structural model of principal faults in the Cerro Corona deposit

Geological domains Oxidation,weathering,leaching and subsequent secondary enrichment has led to the formation of four mineral domains with distinctly different metallurgical behaviour. The top-most domain, the Oxide Domain, is characterised by the complete removal of copper mineralisation through the action of oxidation and leaching. Gold mineralisation within the Oxide Domain is characterised by some improvement in grade and is free milling due to the complete breakdown of primary sulphide minerals. All of the ore beneath the Oxide Domain comprises parts of the sulphide zone, which is separated into three domains on the basis of degree of oxidation and consequent change in sulphide mineralogical composition. The sulphide zone has three main domains, which from top to bottom are the Mixed Domain, the Supergene Domain and the Hypogene Domain. The Hypogene Domain is the primary sulphide zone. The Supergene Domain is an enriched copper blanket comprising chalcocitecovellite-chalcopyrite with grades in the range of 1% Cu.

Location of mineral zones within 2009 design pit

Exploration and drilling

Exploration in the district continues on the 50:50 joint venture project with Compania de Minas Buenaventura S.A.A.

North south section through the Cerro Corona intrusion, showing interpreted geological and resource domains

Mining
The Cerro Corona deposit is mined by conventional surface mining methods. The nal surface mine area is expected to cover some 900 x 500 m. The mining operation is extending from the crest of the original Cerro Corona hill, which peaked at 3,964 mRL, to a nal depth at around 3,660 mRL. Bulk mining will utilise 10 m benches with loading planned by a combination of a diesel hydraulic face shovel (230 t) and a rubber tired front end loader (190 t) loading and six (150 t) dump trucks. At this stage it is assumed that all of the material requires drilling and blasting (with varying powder factors) utilising 200 mm holes for 10 m benches.

Mine planning and scheduling

Cerro Coronas LoM plan is based on detailed Geological and Mineral Resource models. The LoM plan is established from detailed short term and long term mining design and schedules using specialised Xpac software and a resource estimation model termed the Bivariate Local Uniform Conditioning model (BLUC) that has been developed by internal Gold Fields Limited geostatistical consultants. Geotechnical and geochemical models for waste materials have also been developed and are used in the LoM as an effective Acid Rock Drainage (ARD) management strategy. The planning cycle commences with the ratication of key input parameters prior to producing a compliant Mineral Resource statement. The planning process starts after the construction of the resource model and incorporates the following considerations: Corporate decision on macro-economic parameters; Development of a broad planning strategy, identifying key mining and processing constraints; Development of comprehensive operating costs for mining, processing, administration and selling; Modelling of the strategic, geological, geotechnical, metallurgical, environmental and economic parameters; for application of the Lerchs Grossman algorithm. Subsequently, development of a broad economic sequence and an optimum ultimate economic pit shell; Development of a pit design and push backs applying mine design parameters; and The resource model contained within the pit design is scheduled with consideration of impacting factors such as the following:
View of the Cerro Corona pit from Cerro Candela

View of the rhyolite quarry for TSF construction material

Economic evaluation of each measured or indicated block considered for processing; Optimum practical economic sequence as generally dened by the push backs; Structural material required for earth structures; and Constraints related to the deposition of tailings and overburden material. Open pit optimisations are built using Whittle 4X (Multi-element standard mine design software) on the BLUC resource model. Multiple case scenarios are run using varying gold and copper prices, processing costs, mill

recovery values, and inclusion/exclusion of inferred material to ensure that the optimal pit is selected. The work undertaken includes: Geotechnical review and pit wall angle recommendation; Cost review; Pit optimisation; and Sensitivity analysis

Projects
The Cerro Corona Pit is considered to be the LoM project. The upside potential is controlled by the availability to place and store tailings. Efforts to nd additional storage capacity are ongoing.

Mineral Processing
Commissioning and ramp-up of the processing plant was performed in parallel, to optimise the operational timing between these two activities. The ramp-up to full monthly production levels was achieved by December 2008. From January 2009, the plant has been operating at near stable conditions with the only inuence on the optimal performance resulting from the high variability of the ore feed. This variability is attributed to the complexities arising from the varying degree of sulphide oxidation in the different mineral domains such as the Mixed Ore and the Supergene Ore. The various ore types from the mine are stockpiled on the Run of Mine pad. They are fed in appropriate blends by front end loader to the crushing plant. This comprises two mineral sizers in parallel, one of which is a standby unit. Mineral sizers facilitate crushing of soft, wet ore with clay components. The crusher feed design also makes provision for direct tipping of ore from the mine if necessary. Crushed product is conveyed to a two-stage grinding circuit consisting of a SAG mill and a ball mill in closed circuit with cyclones for classication. Cyclone overow represents the nal milled product which feeds the otation plant consisting of two sections. The rougher-scavenger otation produces a bulk concentrate, which is then reground and upgraded to smelter copper grade in the fourstage cleaner otation section. The nal concentrate is thickened and ltered before being stockpiled for nal shipment to the smelters. The thickened rougherscavenger otation tails and the tails from the cleaner otation are pumped to the tailings storage facility. Training of qualied plant operators has been successfully achieved at Cerro Corona. Sixty people from the DIA (Direct Inuence Area) were selected for a comprehensive sevenmonth training program comprising theory/ practical training, and exposure to existing Peruvian copper operations.

View of the Cerro Corona process plant

View of the SAG and Ball Mills in the process plant

Sustainable Development
Cerro Corona commenced implementing its Health and Safety Management System in July 2008 in accordance with OHSAS 18001 and Corporate requirements. The objective of the Health and Safety Management System is to prevent injuries, occupational illness, and property damage and process loss.

View of the Aguilas TSF construction site

No fatalities were recorded in F2009. Only two Lost Time Injuries (LTI) were recorded during the year and 2.3 million Man Work Hours without any LTIs were accumulated. The Lost Day Injury Frequency Rate (LDIFR) improved from 0.96 in F2008 to 0.25. Cerro Corona was awarded the Safety Mining Award (second

place) for Peru, a competition that is organized by the Safety Mining Institute of Peru. Cerro Coronas environmental objective is to achieve the ISO 14001 certication during this calendar year. The nal certication audit is planned for October 2009.

Mineral Resources and Mineral Reserves

Mineral Resources are reported as in-situ and are inclusive of those Mineral Resources which have been modied to produce Mineral Reserves. The Measured, Indicated and Inferred Oxide and Sulphide Mineral Resource estimate has been calculated within the diorite intrusion above 3,300 mRL. Mineral Resource statements include Measured, Indicated and Inferred Mineral Resources. The Mineral Resources are reported from the Bivariate Localised Uniform Conditioned model at a Net Smelter Return (NSR) cut-off of US$10.92/t and constrained within an optimised Whittle Pit Shell, based on the same economic parameters as the NSR calculation. (For comparative purposes, the NSR cut-off applied to the current Mineral Resources is 30% higher than was declared in the June 2008 CPR at US$8.40/t).
Gold equivalent ounces are dened as a quantity of metal (such as copper) converted to an amount of gold in ounces, based on accepted

gold and other metal prices i.e. The accepted total value of the metal based on its weight and value thereof divided by the accepted value of one troy ounce of gold.

Mineral Resources
Mineral Resource Classication (Gold) Open Pit Measured Indicated Inferred Total Open Pit Surface stockpiles Measured Total Surface Grand Total Mineral Resource Classication (Copper) Open Pit Measured Indicated Inferred Total Open Pit Surface stockpiles Measured Total Surface Grand Total Mineral Resource Gold Equivalent Copper as Gold Equivalent (Cu-Au Eq) Grand Total Gold Equivalent (Au+Cu-Au Eq) 1.2 1.2 148.2* June 2009 0.6 0.6 175.2 Tons (Mt) June 2008 Dec 2006 June 2009 0.0 0.0 221.1 0.5 0.5 0.4 0.6 0.6 0.4 Grade (%) June 2008 Dec 2006 0 0 0.4 14 14 1,429 June 2009 3,931 8,140 8 8 1,637 June 2008 4,297 8,974 0 0 1,869 Dec 2006 5,030 10,068 26.7 115.6 4.8 147.0 29.0 135.1 10.4 174.5 39.6 165.7 15.8 221.1 0.5 0.4 0.3 0.4 0.5 0.4 0.3 0.4 0.5 0.4 0.2 0.4 305 1,076 35 1,416 345 1,215 69 1,629 415 1,370 84 1,869 6.7 6.7 155.8* 2.8 2.8 183.0 Tons (Mt) June 2009 June 2008 Dec 2006 June 2009 0.0 0.0 230.7 1.4 1.4 0.8 1.5 1.5 0.8 Grade (%) June 2008 Dec 2006 June 2009 0.0 0.0 0.7 295 295 4,209 135 135 4,677 Copper Mlb June 2008 Dec 2006 0 0 5,038 27.5 116.7 4.9 149.1 31.9 137.8 10.5 180.2 44.6 170.2 15.8 230.7 1.0 0.8 0.5 0.8 1.0 0.8 0.5 0.8 0.9 0.7 0.4 0.7 894 2,940 81 3,915 1,051 3,336 155 4,542 1,224 3,632 182 5,038 Tons (Mt) June 2009 June 2008 Dec 2006 June 2009 Grade (g/t) June 2008 Dec 2006 June 2009 Gold (000 oz) June 2008 Dec 2006

Gold Equivalents (000 oz)

* Oxide Mineral Resource contains gold only resulting in the difference in tonnage

Modifying factors
Mineral Resources and Mineral Reserves are quoted at an appropriate in-situ economic NSR cut-off with costs and tonnages and grades based on the resource block model. They also include estimates of any material below the NSR cut-off required to be mined to extract the complete pay portion of the Resource; All Mineral Resources and Mineral Reserves are quoted as at 30 June 2009; Unless otherwise stated, all Mineral Resources and Mineral Reserves are quoted as 100% and are not attributable with respect to ownership; All Mineral Reserves are quoted in terms of Run-of-Mine (ROM) grades and tonnages
8

Modifying Factors

as delivered to the metallurgical processing facilities; Mineral Reserve statements include only Measured and Indicated Mineral Resources, modied to produce Mineral Reserves and contained in the LoM plan; and Mineral Resources and Mineral Reserves undergo both internal and external audits during the year and any issues identied are rectied at the earliest opportunity usually during the current reporting cycle.

Resource Gold Price Resource Copper Price* Reserve Gold Price Reserve Copper Price* Resource Cut off grade Reserve Cut off grade Stripping Ratio Dilution Plant Recovery Factor (Au) Mixed Plant Recovery Factor (Cu) Mixed Plant Recovery Factor (Au) Supergene Plant Recovery Factor (Cu) Supergene Plant Recovery Factor (Au) Hypogene Plant Recovery Factor (Cu) Hypogene

US$/oz US$/lb US$/oz US$/lb NSR (US$) NSR (US$) Waste:ore % % % % % % %

1,000 2.20 800 1.75 10.92 10.92 0.81 55 58 72 84 75 89

* Whittle shells run at US$2.20/lb for Mineral Resources and US$1.75/lb for Mineral Reserves. However US$2.75/lb and US$2.2/lb were used to calculate equivalent gold ounces for Mineral Resources and Mineral Reserves and to compare cash ows.

Grade tonnage curves

Sulphide Mineral Resource
250 1.1 Ave. Grade above cut-off Au (g/t) Ave. Grade above cut-off Cu (%) 1.0 200 Tons (Millions) 0.9 0.8 150 0.7 0.6 100 0.5 0.4 0.3 50 0.2 0.1 0 0 2 4 6 8 10 12 14 16 18 0.0

Oxide Mineral Resource

4.5 4.0 3.5 Tons (Millions) 3.0 2.5 2.0 1.5 1.0 0.5 0.0 0 0.20 0.40 0.60 0.80 1.00 1.20 1.40 0.0 0.5 1.5 2.0 2.5 Ave. Grade above cut-off Au (g/t)

1.0

Cut-off Net Smelter Return ($/t)

Cut-off Grade (g/t)

Mineral Reserves
Mineral Reserves Classication (Gold) Open Pit Proved Probable Total Open Pit Surface stockpiles Proved Total surface stockpiles Grand Total Mineral Reserves Classication (Copper) Open Pit Proved Probable Total Open Pit Surface stockpiles Proved Total Surface stockpiles Grand Total Mineral Reserve Gold Equivalent Copper as Gold Equivalent (Cu-Au Eq) Grand Total Gold Equivalent (Au+Cu-Au Eq) 1.2 1.2 89.3 June 2009 0.6 0.6 94.1 Tons (Mt) June 2008 Dec 2006 June 2009 0 0 94.0 0.5 0.5 0.5 0.6 0.6 0.5 Grade (%) June 2008 Dec 2006 0 0 0.5 14 14 988 June 2009 2,717 5,539 8 8 1,061 June 2008 2,857 5,874 0 0 1,089 Dec 2006 2,720 5,896 21.5 66.6 88.1 23.6 69.9 93.5 25.8 68.2 94.0 0.6 0.5 0.5 0.6 0.5 0.5 0.6 0.5 0.5 266 708 974 305 748 1,053 353 736 1,089 1.2 1.2 89.3 0.6 0.6 94.1 Tons (Mt) June 2009 June 2008 Dec 2006 June 2009 0.0 0.0 98.0 1.2 1.2 1.0 1.4 1.4 1.0 Grade (%) June 2008 Dec 2006 June 2009 0 0 1.0 49 49 2,822 29 29 3,017 Copper Mlb June 2008 Dec 2006 0 0 3,176 21.5 66.6 88.1 23.6 69.9 93.5 27.7 70.2 98.0 1.1 0.9 1.0 1.1 1.0 1.0 1.1 1.0 1.1 756 2,017 2,773 843 2,145 2,988 1,016 2,160 3,176 Tons (Mt) June 2009 June 2008 Dec 2006 June 2009 Grade (g/t) June 2008 Dec 2006 June 2009 Gold (000 oz) June 2008 Dec 2006

Gold Equivalents (000 oz)

View of the Gordas TSF from Cerro Candela

Mineral Resources and Mineral Reserves Reconciliation year-on-year Mineral Resource

Factors that affected Mineral Resource reconciliation: Decreases resulting from depletion, a rise in the NSR cut-off and geotechnical factors.
Change in Gold Mineral Resource F2009 to F2010
5,000 4,500 4,000 3,000 2,500 2,000 1,500 1,000 500 0 F2009 Depletion Economic & Geotech Factors Specific Inclusions F2010 Copper (Mlb) 3,500 Gold (koz)

Change in Copper Mineral Resource F2009 to F2010

1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 F2009 Depletion Economic & Geotech Factors Specific Inclusions F2010

Mineral Reserve
Factors that affected Mineral Reserve reconciliation: Decrease resulting from depletion.
Change in Gold Mineral Reserve F2009 to F2010
3,500 3,000 2,500 2,000 1,500 1,000 500 0 F2009 Depletion Specific Exclusions F2010 Copper (Mlb) Gold (koz)

Change in Copper Mineral Reserve F2009 to F2010

1,200 1,000 800 600 400 200 0

F2009

Depletion

Specific Inclusions

F2010

Mineral Reserve sensitivity

Improved Mineral Resources and Mineral Reserves potential are inuenced by increased commodity prices, but is limited by the size of the Tailings Storage Facility (94.1 Mt). The sensitivities are not based on detailed depletion schedules and should be considered on a relative and indicative basis only.

Managed Mineral Reserve Sensitivity

6 5 Gold + (Cu-Au Eq) Moz 4 3 2 1 0 -10% -5% 800 +5% +10% +25% Gold Price (US$/oz)
Note: Cerro Corona is currently Tonnage constrained due to the current capacity of it`s tailings facility. Adoption of possible TSF expansion opportunities will provide the mine with future upside potential.

Regulatory Codes
SAMREC This Technical Statement has been prepared in Compliance with the South Africa Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (2007 SAMREC Code). JSE This Technical Statement has been prepared in compliance with the listing requirements of the JSE Securities Exchange, South Africa (JSE), specically Section 12 Issue 11. Sarbanes-Oxley Act The Mineral Resource and Mineral Reserve is underpinned by an adequate Mineral Resource Management process and protocol to ensure adequate corporate governance in respect of the intent of the Sarbanes-Oxley Act. Environmental Cerro Corona has an environmental management team who are supported by specialist assistance from corporate ofce in Johannesburg. The systems, procedures, training etc. are at international best practice levels. Gold Fields Limited has produced a Sustainability Report in 2009 and intends reporting annually in accordance with the Global Reporting Initiative.

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Competent Persons
Julian Misiewicz: Consulting Geologist BSc (Hons) Geology, MSc Geology. Mr Misiewicz is a Fellow of the Society of Economic Geologists (SEG 541613). He has 31 years experience in the mineral exploration and mining industry and is responsible for the overall correctness, standard and compliance of this declaration. Alberto Cardenas: Mining Operations Manager Civil Engineer (CIP 62693), Ponticia Universidad Catlica del Per. Mr Cardenas has 15 years experience in the mining industry, and has held senior positions in construction and mining. He is responsible for the management of the Mining and Geology Department and related functions. Eddie Garcia: Chief Mining Engineer Mine Engineer (CIP 109603), Ponticia Universidad Catlica del Per. Mr Garcia has 12 years experience in mining engineering and 3 years in Business Planning at Minera Yanacocha. Mr Garcia is responsible for the Mineral Resource Management at Cerro Corona. Hugo Solis: Long Term Engineer Mining Engineer (CIP 77973), Universidad Nacional Mayor de San Marcos. Mr. Solis has 14 years experience in surface and underground mining operations Oscar Retto Resource Manager, Universidad Nacional Mayor de San Marcos, specialized in Geostatistics at the Paris School of Mines. Mr Retto has over 15 years working in exploration and mining companies as a resource modeller and geostatistician in Canada, Australia and Peru. Currently, is responsible for the Geology Department at Cerro Corona mine

Key Technical Staff

Post
Head of Operations

Incumbent
Manuel Diaz

Qualications
Metallurgical Engineer

Years
25

Key responsibilities
Responsible for the overall strategic direction, leadership & management Mine Operations, Engineering. Geotechnical and Mine Geology management Mine Planning, Mineral Resources & Mineral Reserves and the compilation of CPR Financial management, reporting and compliance

Mining: Senior Manager: Mine

Alberto Cardenas

Civil Engineer, MBA

15

Mineral Resources: Manager: chief engineer And resource management Regional Chief Financial Ofcer

Eddie Garcia

Mining Engineer, MBA

15

Rodolfo Michels

BS in Business Administration Certied Professional Accountant Reg. Chartered Accountant Attorney in Law

38

Human Resources: Senior Manager: Human Resources Metallurgy: Senior Manager: Process Engineering: Senior Manager:Engineering and Construction Environmental Manager

Jaime Obreros Ruben Zevallos

29

Human resources, Training & development Mineral Processing and Metallurgy

Metallurgical Engineer

26

Carlos Herrera

Electrical & Mechanical Engineering, MBA MSc Environmental Services Mechanical Engineer

29

Engineering, logistics and infrastructure management Environmental management

Luis Alberto Sanchez

27

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Cerro Corona History at a Glance

1979 Exploration by BRGM identied porphyrystyle mineralisation in the Cerro Corona area. 1992-1993 Sampling by Gubbins group identied gold mineralisation in leached cap of Cerro Corona deposit. Cu-Au porphyry mineralisation discovered through drilling of 9 diamond core holes and completion of exploration adit into mineralised zone. 1984-2003 Mina Carolina intermittently exploited lead-zinc-silver mantos and veins in Hualgayoc District. 1994-1996 Cerro Corona optioned by Barrick. 140 reverse circulation drill holes totalling 9,476 m and 118 diamond core holes totalling 35,694 m completed in Cerro Corona deposit area. Draft Feasibility Study completed by Kilborn indicating Reserves of 6.85 Mt of oxide ore at 1.34 g/t Au and 84 Mt of sulphide ore at 1.02 g/t Au and 0.58% Cu. 1997-1998 Cerro Corona optioned by RGC Limited. 6 diamond core holes totalling 2,760 m completed. Preliminary Feasibility Study completed by Fluor in 1998 estimated Reserves at 6.98 Mt of oxide ore at approximately 1.3 g/t Au and 133 Mt of sulphide ore at 0.91 g/t Au and 0.52% Cu.

2000-2001 Minproc Draft Feasibility Study estimated sulphide Reserves at 65.2 Mt at 1.14 g/t Au and 0.61% Cu.However this was followed immediately by a further study, which indicated a Mineral Reserve of 95 Mt that was used in the due diligence.

2003 Gold Fields completed option agreement with Sociedad Minera Corona S.A. for purchase of Cerro Corona deposit and adjoining mining concessions.

2004-2005 Gold Fields completed surface land acquisition, project engineering and design work, environmental impact assessment, pit dewatering investigations, remapping of surface geology, relogging of prior drill core, check assaying investigations and updated Mineral Resource and Mineral Reserve estimates. 2006 Environmental impact assessment approved on 2 December 2005. Purchase transaction for the Cerro Corona Project completed in January 2006. Mine construction commenced in May 2006. 2007 Las Gordas Tailing dam construction commenced in May 2007. Rhyolite quarry commenced mining. 2008 Cerro Corona moved into production in August 2008 when the process plant started to operate.

Disclaimer
Forward looking statements Certain statements in this document constitute forward looking statements within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward looking statements. Such risks, uncertainties and other important factors include among others: economic, business and political conditions in South Africa, Ghana, Australia, Peru and elsewhere; the ability to achieve anticipated efciencies and other cost savings in connection with past and future acquisitions, exploration and development activities; decreases in the market price of gold or copper; hazards associated with underground and surface gold mining; labour disruptions; availability terms and deployment of capital or credit; changes in government regulations, particularly environmental regulations; and new legislation affecting mining and mineral rights; changes in exchange rates; currency devaluations; ination and other macro-economic factors, industrial action, temporary stoppages of mines for safety reasons; and the impact of the Aids crisis in South Africa. These forward looking statements speak only as of the date of this document. The company undertakes no obligation to update publicly or release any revisions to these forward looking statements to reect events or circumstances after the date of this document or to reect the occurrence of unanticipated events.

Note: For abbreviations refer to page 23 Mineral Resource and Mineral Reserve Overview 2009