| Group beneficial interest |
Carrying value in holding company | |||||||||||||||||||||||||||||||||||
| Shares held | Shares | Loans6 | ||||||||||||||||||||||||||||||||||
| Notes | 2017 | 2016 | 2017 % | 2016 % | 2017 R million |
2016 R million |
2017 R million |
2016 R million |
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SUBSIDIARIES |
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Unlisted |
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Abosso Goldfields Ltd7 |
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- Class “A” shares |
1 | 49,734,000 | 49,734,000 | 90.0 | 90.0 | — | — | — | — | |||||||||||||||||||||||||||
|
- Class “B” shares |
1 | 4,266,000 | 4,266,000 | 90.0 | 90.0 | — | — | — | — | |||||||||||||||||||||||||||
|
Agnew Gold Mining Company Pty Ltd |
2 | 54,924,757 | 54,924,757 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
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Beatrix Mines Ltd |
3 | 96,549,020 | 96,549,020 | 100.0 | 100.0 | 206.8 | 206.8 | — | — | |||||||||||||||||||||||||||
|
Beatrix Mining Ventures Ltd |
3 | 9,625,001 | 9,625,001 | 100.0 | 100.0 | 120.4 | 120.4 | (136.8 | ) | (136.8 | ) | |||||||||||||||||||||||||
|
Darlot Mining Company Pty Ltd |
2 | 1 | 1 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
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Driefontein Consolidated (Pty) Ltd |
3 | 1,000 | 1,000 | 100.0 | 100.0 | — | — | (13.1 | ) | (13.1 | ) | |||||||||||||||||||||||||
|
GFI Joint Venture Holdings (Pty) Ltd |
3 | 311,668,564 | 311,668,564 | 100.0 | 100.0 | — | — | (0.4 | ) | (0.4 | ) | |||||||||||||||||||||||||
|
GFL Mining Services Ltd |
3 | 235,676,387 | 235,676,387 | 100.0 | 100.0 | 18,790.5 | 18,790.5 | (8,331.2 | ) | (8,004.2 | ) | |||||||||||||||||||||||||
|
Gold Fields Ghana Ltd8 |
1 | 900 | 900 | 90.0 | 90.0 | — | — | — | — | |||||||||||||||||||||||||||
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Gold Fields Group Services (Pty) Ltd |
3 | 1 | 1 | 100.0 | 100.0 | — | — | (224.8 | ) | 355.5 | ||||||||||||||||||||||||||
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Gold Fields Holdings Company (BVI) Ltd |
5 | 4,084 | 4,084 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
|
Gold Fields La Cima S.A.9 |
4 | 1,426,050,205 | 1,426,050,205 | 99.5 | 99.5 | — | — | — | — | |||||||||||||||||||||||||||
|
Gold Fields Operations Ltd |
3 | 156,279,947 | 156,279,947 | 100.0 | 100.0 | — | — | (0.4 | ) | (0.4 | ) | |||||||||||||||||||||||||
|
Gold Fields Orogen Holdings (BVI) Ltd |
5 | 356 | 356 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
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Gruyere Mining Company Pty Ltd |
2 | 1 | 1 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
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GSM Mining Company Pty Ltd |
2 | 1 | 1 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
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Kloof Gold Mining Company Ltd |
3 | 138,600,000 | 138,600,000 | 100.0 | 100.0 | 602.8 | 602.8 | (610.2 | ) | (610.2 | ) | |||||||||||||||||||||||||
|
Newshelf 899 (Pty) Ltd10 |
3 | 90,000,000 | 90,000,000 | 100.0 | 100.0 | 23,210.9 | 23,210.9 | — | — | |||||||||||||||||||||||||||
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St Ives Gold Mining Company Pty Ltd |
2 | 281,051,329 | 281,051,329 | 100.0 | 100.0 | — | — | — | — | |||||||||||||||||||||||||||
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Total |
42,931.4 | 42,931.4 | (9,316.9 | ) | (8,409.6 | ) | ||||||||||||||||||||||||||||||
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| 1 | Incorporated in Ghana. |
| 2 | Incorporated in Australia. |
| 3 | Incorporated in the Republic of South Africa. |
| 4 | Incorporated in Peru. |
| 5 | Incorporated in the British Virgin Islands. |
| 6 | The loans are unsecured, interest free and have no fixed repayment terms. |
| 7 | Abosso Goldfields Ltd (“Abosso”) owns the Damang operation in Ghana. The accumulated non-controlling interest of Abosso at 31 December 2017 amounts to US$5.8 million (2016: US$3.6 million). No dividends were paid to the non-controlling interest during 2017 or 2016. Refer to the segment reporting, note 41, for summarised financial information of Damang. |
| 8 | Gold Fields Ghana Ltd (“GFG”) owns the Tarkwa operation in Ghana. The accumulated non-controlling interest of GFG at 31 December 2017 amounts to US$119.2 million (2016: US$116.6 million). A dividend of US$5.8 million was advanced to the non-controlling interest during 2017 (2016: US$nil). Refer to the segment reporting, note 41, for summarised financial information of Tarkwa. |
| 9 | Gold Fields La Cima S.A. (“La Cima”) owns the Cerro Corona operation in Peru. The accumulated non-controlling interest of La Cima at 31 December 2017 amounts to US$2.4 million (2016: US$2.5 million). A dividend of US$0.6 million was paid to the non-controlling interest during 2017 (2016: US$0.2 million). Refer to the segment reporting, note 41, financial information of Cerro Corona. |
| 10 | Refer note 25.2. Newshelf is the holding company of GFIJVH and GFO which own the South Deep mine. In terms of the South Deep BEE agreement, there is an agreed phase-in participation of BEE partners over 20 years. The BEE partners’ stake will ultimately be 10%, resulting in a 90% holding by Newshelf. |