The gold pendulum swings towards anti-hedging

-eade-jpg
The debate about whether gold producers should hedge may be moving in the direction of the anti-hedging camp. It has been a pressing question for producers, shareholders and gold dealers since Ghana’s Ashanti Goldfields suffered large losses in 1999 by making huge bets against a rise in gold prices (Risk February 2000).

Denver-based Newmont Mining expects to complete its US$4.5 billion acquisition of Australia’s Normandy Mining this month. The combined Newmont-Normandy group will be the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here