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Regis restructures hedge book

GOLD miner Regis Resources has restructured its hedging book so as to receive a fixed price of A$1571 per ounce for about 20% of its production over the next three years.

Michael Quinn
Regis' Duketon operation, WA

Regis' Duketon operation, WA

The spot gold price is currently about $2400/oz. Regis has 320,000oz hedged and historically has delivered ounces on a spot deferred basis. Regis said the change to a flat forward hedging policy...

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