Latest Headlines
RESOURCE STOCKS
✕
CAPITAL MARKETS

DRD turns lights off on hedging

SOUTH African miner Durban Roodepoort Deep has taken advantage of the current low Rand gold price and closed out its last remaining hedge contract at a cost of US$9.6 million, in line with its ‘no hedging’ policy.

Rebecca Keenan
DRD turns lights off on hedging

The hedge is a ‘gold for electricity’ contract with Eskom, the South African power utility, and was mostly closed out earlier this year. The remaining 135,000 ounces under the contract covers the period...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
M&A

Anglo again rejects BHP while speeding up strategy update ahead of bid cut-off date

2
METS

Mining tech firm becomes latest to fail

3
CAPITAL MARKETS

Gold miner Pantoro swamped by investor interest

4
MINERS

Third driverless Rio Tinto train derails in less than a year

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login