mineweb report

Mktcap Mineweb the mining industry newspaper has an article on major gold stocks. "How hard gold mineres fell since the metal's turn" .
Summary in 10 days in which gold dropped six% from about $185/0z to about $1311. Gold equities as you would expect fared far worse. Gold miners typically magnify the movement in the gold price.
Among the 10 top gold producers, by marketcap the equities fell an average of about 12%, in same period.

Barrick -10.52% Mktcap C$24B
Goldcorp -10.14% Mktcap C$23B
Newmont -8.75% Mktcap US$12b
Newcrest -15.29% Mktcap US$8b
Yamana -13.3% Mktcap C$8b
Randgold -8.96% MktcapUS$7b
Anglogold -11.88% Mktcap US$7b
Agnico Eagle -10,1% USC$6
Kinross -11.3% C$5
Eldorado -17.36% C$5
Average -11.6%
Median -10.91%

Yet Newcrest has the longest reserve life and among the lowest costs per oz at present, and the among the least number of mines to manage. All pretty big.
Cadia awesomely low cost. Also v large and growing.

Looks to me like too many gamblers playing with the stock...welcome to Australia.