Equigold closes hedge book

EQUIGOLD has closed off more than half of its gold hedge book prior to its upcoming merger with Lihir Gold.

Equigold closes hedge book Equigold closes hedge book Equigold closes hedge book Equigold closes hedge book Equigold closes hedge book

In keeping with Lihir's intention to remain an unhedged producer, Perth-based Equigold wiped almost 152,000oz of sold call options, with strike prices of $A700 per ounce, from its hedge book.

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