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FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of October 2003
Commission File Number 1-31318

Gold Fields Limited

(Translation of registrant’s name into English)

24 St. Andrews Rd.
Parktown, 2193
South Africa
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F      [X]     Form 40-F     [   ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):                 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):                 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes      [   ]     No      [X]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-                 

 


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Signatures


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    (GOLDFIELDS LETTERHEAD)

                Gold Fields Limited
                Reg. 1968/004880/06
                24 St. Andrews Road
                Parktown, 2193

                Postnet Suite 252
                Private Bag X30500
                Houghton, 2041
                South Africa

                Tel  +27 11 644-2400
                Dir  +27 11 644-2460                 Fax  +27 11 484-0639
                www.goldfields.co.za
M E D I A   R E L E A S E    
     
Gold Fields Reports Increase in Mineral Resources and Reserves    
     
Johannesburg, 2 October 2003: Gold Fields Limited (GFI — NYSE and JSE) announces increases in both its Mineral Resources and Reserves for fiscal year ending 30 June, 2003.    
     
Attributable Resources have increased from 186.0 to 195.3 million ounces, including the Arctic Platinum Project in Finland. Attributable Reserves have increased by 3.0 million ounces to 81.5 million ounces.    
     
Ian Cockerill, Chief Executive Officer of Gold Fields said: “To end the year with a net gain of 3 million reserve ounces, and to offset the 4.7 million ounces we depleted, means that we actually found 7.7 million ounces of new reserves during the year. This reflects well on the increased focus on organic growth and exploration within Gold Fields.”    
     
Gold Fields spends approximately US$70 million a year on exploration worldwide. Of this, approximately US$30 million is spent on brownfields exploration on or near existing mining properties, where the new reserves were found.    
     
Gold Fields reports its Mineral Resources and Reserves in accordance with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC Code). The code has been incorporated into the rules of the JSE Securities Exchange South Africa regarding listing requirements and continuing obligations. In addition Gold Fields has written and implemented an additional internal code of practice that takes cognisance of the diverse nature of its operations and considers the requirements of all internationally recognised codes, including industry Guide 7 as interpreted by the Staff of the US Securities Exchange Commission.    
     
A comprehensive Resources and Reserves Statement can be found on the Company’s website at www.goldfields.co.za or in its recently published annual report for 2003 which was mailed to all shareholders and is available upon request.    

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Enquiries

South Africa
Willie Jacobsz
Tel +2711 644-2460
Fa +2711 484-0639

North America
Cheryl A Martin
Tel +303 796-8683
Fa +303 796-8293


Directors: C M T Thompson* (Chairman), A J Wright (Deputy Chairman), I D Cockerill (Chief Executive Officer), N J Holland
(Financial Director), G J Gerwel, J M McMahon, G R Parker, R Pennant-Rea, P J Ryan, T M G Sexwale, B R van Rooyen,
C I von Christierson   *Canadian, British, American

 


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COMPARISON OF F2002 AND F2003 RESOURCES AND RESERVES

                                                                                 
                    Resource                           Reserve        

 
                  Gold   Gold                   Head   Gold   Gold
 
  Mill Tons   Grade   (000 oz)   (000 oz)   Attributable   Mill Tons   Grade   (000 oz)   (000 oz)
GOLD
          (Mt)     (g/t )     F2003       F2002       %     (Mt)     (g/t )     F2003       F2002  
                                                                                 
Driefontein
      148.5       11.0       52 616       49 623       100       108.8       7.7       27 102       27 651  
Kloof
          207.9       13.0       86 979       84 261       100       106.0       9.1       31 092       29 974  
Beatrix
        132.4       5.4       23 069       21 539       100       77.2       4.9       12 186       12 496  
SA Operations*
    488.8       10.4       162 664       155 423               292.0       7.5       70 380       70 121  

Tarkwa
          471.9       1.5       22 309       18 890       71.1       232.0       1.3       9 828       6 530  
Damang
          27.9       1.7       1 516       1 765       71.1       17.3       1.7       919       1 189  
St Ives
        87.0       2.6       7 295       6 742       100       28.2       3.3       2 989       2 336  
Agnew
          12.7       5.4       2 198       1 810       100       2.6       6.4       535       601  
International Operations
  599.4       1.7       33 318       29 207               280.1       1.6       14 271       10 656  

Total Gold Fields
      1 088.1       5.6       195 982       184 630               572.1       4.6       84 650       80 777  
 
          2 PGE   2 PGE                                                
PLATINUM
      Tons (Mt)   +Au   +Au                                                
 
            (g/t )   (000 oz)                                                
Arctic Platinum
      156.7       2.4       12 213       14 400       51                                  
Total Precious Metals
  1 244.8               208 195       199 030               572.1               84 650       80 777  
Total attributable to Gold Fields
  1023.6               195 325       186 005               500.1               81 544       78 546  

•     Statement excludes St Helena which was sold on the 29 October 2002.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

         
    GOLD FIELDS LIMITED
Date: 2 October 2003        
    By:   -s- W J Jacobsz
Name: Mr W J Jacobsz
Title:   Senior Vice President: Investor
            Relations and Corporate Affairs