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S&P confirms Gold Fields BBB- rating
Posted by: catheuaka (117.26.251.---)
Date: February 18, 2013 07:42PM

Johannesburg‚ July 30 (I-Net Bridge) cheap burberry handbags - Standard & Poor's Ratings Services (S&P) on Monday confirmed Gold Fields Limited (GFI) investment grade rating of BBB- with a stable outlook. In its release S&P highlighted a number of supportive factors for the rating. These include: Gold Fields' strong market position as the fourth-largest gold producer Gold Fields' strong reserve position of 80.6m ounces The company's increasing global diversification Healthy cash flows‚ supported by high gold prices Moderate financial policy‚ driven by Gold Fields' solid credit metrics and conservative financial policies Gold Fields currently also has a Moody's Investor Services prada handbags rating of Baa3 with a positive outlook.




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