The Globe and Mail reports in its Tuesday edition investors are losing confidence gold miners will be able to weather the current price slump without damage to their credit ratings. A Blomberg dispatch to The Globe says Barrick Gold's 4.1 per cent notes due May, 2023, have fallen to $96, a decline of $3 since last week (all figures U.S.). "I would be a seller across the board," said Matt Zabloski at North Vancouver-based Delbrook Capital Advisors. "You'd be crazy to buy the bonds, given the current market." In a country that is home to more than half the world's gold companies, producers such as Barrick and Kinross Gold are working to keep investors as they seek to cut costs and bolster profit. Kinross's 5.95 per cent notes due March, 2024, fell $3 to $94 last week. The price continued its slide Monday, closing at $1,169.80, down $1.80. Goldcorp and Yamana Gold reported surprise net losses. Barrick and Kinross, which both have investment-grade ratings, are trading as if they are rated junk. If gold prices sink below $1,100 an ounce and stay there, producers including Barrick, Iamgold and Kinross may be downgraded by Standard & Poor's, the ratings company said last week.