Gold Fields Workers Back After Company Dismissal Threat; Shares Near Year Bottom

By Staff,

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Gold Fields Limited ( GFI ) is down 4% in midday trading after it reported a full turnout at Beatrix 4 Shaft where the 2,800 striking workers this morning reported for work. This follows the return to work yesterday morning of all 6,200 employees at the 1, 2, 3 Shafts.

Gold Fields on Monday, 15 Oct. 2012, issued a final ultimatum to striking employees at KDC West and Beatrix, to present themselves for work by no later than 14h00 today, Thursday, 18 Oct. 2012, or face immediate dismissal.

GFI shares have traded in a year range of $11.71 - $18.39.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: GFI

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