CAPITAL MARKETS

Over the hedge, Newcrest closes book

GOLDMINER Newcrest Mining has wrapped up the closure of its gold hedgebook preferring to be exposed to the rising trend in gold prices.

MiningNews.Net
Over the hedge, Newcrest closes book

Newcrest completed the closure at the end of June with an average gold purchase price of $A868 an ounce, $70 less than the average spot price over the buying period. After cracking the magic $US1000...

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