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PRECIOUS METALS

Newcrest hedges Telfer gold

Hedge grows in light of historically high local gold prices.

Andrew Duffy
Newcrest is hedging more Telfer ounces.

Newcrest is hedging more Telfer ounces.

The sales will come out of financial year 2018 and 2019 and have been locked in at an average $1773 per ounce. It comes as the local gold price continues to bounce along at historical highs. “Telfer...

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