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Gallery on track for mid-2004 start-up at Mupane

GALLERY Gold has drawn down the first loan funds for its Mupane gold project in Botswana after ac...

Greg Tubby

Gallery was required to hedge 60% of Mupane’s initial gold reserves, or 320,000 ounces. It has rolled the forward sales contracts into a flat forward hedge structure at US$392.90 an ounce, terminating...

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