PRECIOUS METALS

Sino Gold to close gold hedge book

CHINA-focused Sino Gold says it is looking to raise up to $A204 million to fund the close-out of its gold hedge book in a move to gain full exposure to the high price for the precious metal.

MiningNews.Net
Sino Gold to close gold hedge book

Sydney-based Sino said today that the equity raising would be comprised of a placement of $5.03 per share to major shareholder Gold Fields to raise $68 million and a pro rata entitlement offer at $4 per...

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