Gold Fields chief executive Nick Holland. Photo: Simphiwe Mbokazi.

Johannesburg - Shares of Gold Fields plunged more than 6 percent after writing down $672 million (R7.4 billion) on the value its assets in the fourth quarter due to a lower gold price.

Shares of South Africa's second-largest gold producer by market value fall more than 6.37 percent at 40.42 rand, on course for its biggest daily percentage decline in more than five months. - Reuters