It's rough sledding today for gold miners (GDX -3.4%), and especially so for Gold Fields (GFI...

|By:, SA News Editor

It's rough sledding today for gold miners (GDX -3.4%), and especially so for Gold Fields (GFI -7.4%), which suffered a BofA downgrade to Neutral from Buy. Discontinued KDC and Beatrix operations were making material contributions to both earnings and cash flow, the firm says; their exclusion lowers GFI's valuation to the lower end of global peers.