De-hedging still favoured by gold producers


WITH the gold price still at record highs, the pace of gold de-hedging has remained high, and precious metals consultancy GFMS says gold miners will continue to get out of the hedging game as the practice remains on the nose with investors.



You are not logged in or not authorised to view this page.

GET YOUR PREMIUM FREE TRIAL NOW

Firstname
Lastname
Phone
Email Address
Confirm Email

 
OR

Members Login Here

Email Address
Password
 

  • Note: Cookies must be enabled to log in
  • Forgotten Your Password? Click here
  • Having problems? View our help page here.

Click here to read the rest of today's news stories.





STORY IMAGE SLIDESHOW

RELATED STORIES

Gold to average $1000/oz this year: UBS



BASE metals may be wallowing and iron ore and coal on the nose, while uranium and phosphate have lost their fizz, but gold will continue to be a winner this year say UBS analysts.  - more

Why hedge?



ONE part of the risk management process that risk professionals, including myself, tend to skip over is why a company should bother in the first place, writes Lesley Campbell.  - more

Squeezing the metals markets



MARKET manipulation may boost prices but in the long term it brings pain to producers and manipulators alike. Report by metals trading and hedging expert Lesley Campbell  - more

Cash backing: who can ride out the storm?



THE good news is that some juniors still have money – the question is, how long can they make it last while still exploring and developing projects?  - more

Mineral Deposits joins producer ranks



MINERAL Deposits has announced the first gold doré bars were poured this week at its Sabodala gold plant in the west African nation of Senegal, just four years after the first hole was drilled at the project.  - more

More trouble for Guinea mines



GOLD producer AngloGold Ashanti halted an operation in Guinea after the nation’s controversial new president ordered a mine closure to penalise an executive for failing to attend a miners’ forum.  - more

Time to shine for gold plays



WHILE the gold price, like the economy, is expected to be volatile this year, Resource Capital Research is tipping gold to trade at $US900-$US1050 an ounce over the next six months, presenting an opportunity for junior and mid-tier gold plays.  - more

All hail a new era of hedging



AVOID the lure of a new beach house and hedge contracts now, a risk adviser told gold miners yesterday, saying they should lock in prices before the commodity price tumbles.  - more

Expert warns ETF sales could flood market



ONE of the biggest issues facing the gold market today is the potential for exchange traded funds (ETF), which currently account for half of global production, to be sold back into the market and drive down prices.   - more

Gold de-hedging slows



GOLD de-hedging slowed down in the first quarter of 2010, according to precious metals consultancy GFMS.  - more


RELATED COMPANIES
  • GFMS LTD
  • SOCIETE GENERALE []
  • ANGLOGOLD ASHANTI LIMITED [AGG]
  • BARRICK GOLD
  • KINROSS GOLD AUSTRALIA PTY LTD []
  • MINERAL DEPOSITS LIMITED [MDL]
  • NEWCREST MINING LIMITED [NCM]
  • SINO GOLD MINING LIMITED [SGX]
  • TROY RESOURCES NL [TRY]
  • APOLLO GOLD CORPORATION [APG]

  • Email to a Friend Print This Page Feedback
    Recently Discussed Companies and organisations covered during the past 30 days - more


    Company Search




    Story Search









    Advanced Search













    Backgrounders

    Brazil

      - more

    Australian iron ore

      - more

    Uranium

      - more

    Industry News

    Subscribe | Advertise
    FREE TRIAL!

     

    Subscribe | Advertise
    FREE TRIAL!