Gold Fields Annual Report 2011 | Mining University

Gold Fields Annual Report 2011

Gold Fields recently released its 'Integrated Annual Review 2011.'  This document reports on the 12 month period ending December 2011 and includes the 'Annual Financial Report 2011' as well as a report of global reserves and resources.  Gold Fields reports mineral reserves of 80.6 million ounces (p4).

Also included in the annual report are the annual compensation figures of executives and directors.  South African companies seem to follow the trend of generous pension plans for executive officers.  I wonder how their employee pension plans compare to the self funded and matching type 401k plans available to the majority of American employees?

Compensation of Gold Fields Directors and Officers including fees, performance pay, pension contributions and expense allowance (p208).  Table is in U.S. Dollars converted from Rand using a conversion rate of 7.22 R/US$.


Executive directors

 

Nicholas J Holland

 $                         4,528,757

Paul A Schmidt

 $                         1,217,871

Prescribed officers

 

Z Amra

 $                            303,523

NA Chohan

 $                            454,130

J Dowsley

 $                            998,376

MD Fleischer

 $                         1,547,362

JL Kruger

 $                         1,929,697

T Mckeith

 $                         1,661,494

KFL Moabelo

 $                            611,024

TW Rowland

 $                            884,739

PV Schalkwyk

 $                            499,916

PL Turner

 $                         1,412,249

R Weston

 $                         1,037,516

Non-executive directors

 

Kofi Ansah

 $                            125,758

Cheryl A Carolus

 $                            111,908

Roberto Dañino

 $                            119,987

Alan R Hill

 $                            111,908

Richard P Menell

 $                            151,808

David N Murray

 $                            133,791

Donald MJ Ncube

 $                            138,135

Mamphela Ramphele

 $                            291,183

Rupert L Pennant-Rae

 $                            147,306

Chris van Christierson

 $                               55,961

Gayle M Wilson

 $                            158,271

Delfin L Lazaro

 $                               62,880

Matthews S Moloko

 $                            101,847

Total 

 $                       18,797,395


For further information on the compensation packages for other mining executives see:
Newmont Mining Corporation - Executive and Director Compensation 2011
Rio Tinto Executive and Director Compensation 2011
Kinross Compensation for Senior Leadership
Cameco - Management Proxy Circular
Barrick Annual Shareholder Meeting Newmont Mining Corporation - Executive and Director Compensation 2011

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