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Gold hedging hurting Vault

Miner has solid-enough looking quarter, albeit output guidance for year ‘tightened’

Michael Quinn
Vault's flagship Leonora/KOTH operation

Vault's flagship Leonora/KOTH operation | Credits: Vault

Vault Minerals is going through a period when it wishes it was fully leveraged to the gold price, with it notionally ‘losing' in the order of A$1000 per ounce for every bit of gold it is currently producing....

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