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Record gold prices not the best news for hedged miners

Every company would love to be unhedged at present, though what the future holds no one knows

Michael Quinn
Record gold prices not the best news for hedged miners

Credits: Shutterstock/Nathan Richardson

As Capricorn Metals today announced it had closed out its terrible-looking hedge book at a A$147 million cost, it is a given that other ASX gold miners will have been considering their respective situations...

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