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MINER'S RIGHT
$1 billion missing in gold hedges
Missing: US$1 billion. If found please return to a group of Australian gold miners who have taken out gold hedges that, according to Macquarie Bank, are US$1 billion out of the money.
Not always a popular topic, and one that can trigger strong views, hedging was one of the highlights (or should that be lowlights) in Macquarie's final report on last week's Diggers & Dealers forum in...
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