MINERS

Regis reacts decisively after reaching notional 'neutral' position with horror hedge book

Gold miner buys out legacy hedging as it targets big increase in cashflows

Michael Quinn
Regis reacts decisively after reaching notional 'neutral' position with horror hedge book

Credits: Shutterstock/Nathan Richardson

Regis Mining has decided ‘enough is enough' in respect of its legacy hedge book and has now spent nearly A$100 million getting rid of all remaining contracted gold on its books. The 63,000 ounces that...

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