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Home » Caledonia hedges gold output

Caledonia hedges gold output

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CALEDONIA Mining Corporation (Caledonia) says it has entered into a zero cost contract to hedge approximately 25 percent of this year’s target gold production at Blanket Mine to support its capital expenditure during H1. In a statement, the gold miner said this would be done via a cap and collar hedging contract for 20 000…

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