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Saracen locks in additional hedging

GOLD producer Saracen Mineral Holdings has extended its hedging program with Macquarie Bank and h...

Kristie Batten

The company added 38,500 ounces of gold to the program to take total hedging to 180,000oz gold at an average price of $A1627.50 per ounce. The current gold price is about $1375/oz. The additional ounces...

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