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Yamana hedges copper

CANADIAN miner Yamana Gold has hedged around 41,000 tonnes of copper to be produced from the new Chapada mine it is developing in Brazil.

Michael Quinn
Yamana hedges copper

The Toronto-based Yamana said it will now gain an average of $US2.75 per pound of copper for 90,000 million pounds (40,800t) it expects to produce in 2008. Chapada is 75% completed and reportedly on track...

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