Moody's could cut Gold Fields

Moody's Investors Service said it placed the Baa3 global scale issuer rating of Gold Fields Ltd. and the Baa3 senior unsecured rating of Gold Fields Orogen Holding (BVI) Ltd. on review for downgrade.

Moody's said this follows Gold Fields' Nov. 29 announcement that it plans to unbundle its South African mining assets (KDC and Beatrix). The proposed unbundling is expected to close during February 2013, upon receipt of various approvals.

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