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Capricorn again spends big to reverse gold hedging decisions

Miner has now outlaid more than A$300 million over the past couple of years

Michael Quinn
Capricorn again spends big to reverse gold hedging decisions

Credits: Shutterstock

Strongly-backed gold miner Capricorn Metals has spent more money getting rid of its hedging, this time outlaying A$50 million to close calls and buy put options. The miner is now hedge-commitment-free....

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