01.03.2016 - Gold's Top Performer Adds to Hedging Reboot as Price Soars
With gold prices soaring this year after three years of losses, the world’s best performing bullion company is looking to add to its hedge book as a growing number of producers move to lock in profits. St Barbara Ltd., the biggest gainer on the 44-member Bloomberg Intelligence Gold Mining Competitive Peers Index in the past year, Evolution Mining Ltd., Australia’s second-biggest producer, and South Africa’s Harmony Gold Mining Co. are among companies who’ve put in hedges this month spurred by prices hitting highs in some local currencies...............................................Full Article: Source
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