Site icon DailyNews

Caledonia in gold price hedge strategy

HARARE – Toronto Stock Exchange-listed miner Caledonia Mining Corporation (Caledonia) says it has entered into a six-month “cap and collar” hedge over 15 000 ounces of production using a “collar” value of $1,050 per ounce and a cap value of $1,080 per ounce. The hedge will provide Caledonia with greater certainty as to its cash…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions
Exit mobile version