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Crocodile lowers debt after gold price fall

CROCODILE Gold unwound its entire hedged gold position this week to pay down debt, in the event t...

Kristie Batten
Crocodile lowers debt after gold price fall

As part of debt financing for last year’s acquisition of the Fosterville and Stawell mines in Victoria, Crocodile entered into a series of swaps with Credit Suisse that sold forward 8000 ounces of gold...

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