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Alacer Gold hedges below spot

Producer defends against downside risk at just the wrong time

Mining Journal
Alacer's Çöpler plant in Turkey

Alacer's Çöpler plant in Turkey

Whether that was a wise move remains to be seen.  Alacer’s hedge from July 2016 to September 2018 came as the results of the Brexit vote saw nervous investors pile into the yellow metal with the price...

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