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AngloGold takes the razor to its hedge book

HEDGING'S persona non grata status has continued its growth path of recent times with AngoGold fo...

Michael Quinn
AngloGold takes the razor to its hedge book

AngloGold cut its book by 2.4 million ounces (equivalent to 165% of the June quarter's production), and in the process received US$7 per ounce less than it would have by taking spot. The South African-based...

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