Mining MX |
Acacia buys $3m in put options to hedge against gold price falls
Financial Times Acacia Mining, which is locked in a dispute with the Tanzanian government following a ban on its exports, said it had bought $3.2m of put options on gold to help shore up its balance sheet. The company, one of the largest producers of gold in Africa ... Gold miner Acacia buys put options at $1300 per ounce |
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