CAPITAL MARKETS

Allied cuts down debt through hedge book management

PAPUA New Guinea gold producer Allied Gold has sliced off $US3.3 million ($A4.91 million) from its corporate debt position as it moves to reduce hedge book exposure.

Blair Price
Allied cuts down debt through hedge book management

The company said the $US3.3 million reduction was a direct result of proactively managing its hedge book in light of its ongoing financial risk management as outlined in previous quarterly reports. In...

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