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Newmont says half offer for hedge contracts accepted

NEWMONT Mining Corp has said its offer to pay 50c in the dollar for Newmont Yandal's outstanding ...

Greg Tubby
Newmont says half offer for hedge contracts accepted

Three gold hedge counterparties have accepted a total cash payment of US$48.4 million for their contracts, representing 49% of the ounces in the Yandal hedge book and 49% of the negative mark-to-market...

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