CAPITAL MARKETS

Hedging loss hits Mineral Deposits

GOLD miner Mineral Deposits’ Sabodala operation is cash-flow positive, though an unrealised hedge loss saw the company post a small loss for the September quarter.

Kristie Batten
Hedging loss hits Mineral Deposits

Sabodala, in Senegal, achieved earnings before interest, tax, depreciation and amortisation of $A31.7 million and an operating profit before other income and expenses of $16.3 million. Mine gross cash...

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