GOLD
Gold developer Gascoyne Resources has taken advantage of the strong Australian gold price, entering into a hedge agreement with the Commonwealth Bank of Australia.
The company told shareholders on Thursday that some 82 000 oz of gold from the Dalgaranga gold project, in Western Australia, have been forward sold at a price of A$1 660/oz in a short-dated structure.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access