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Caledonia Mining hedges 15,000oz of Gold

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Canadian-listed Caledonia Mining, which owns Blanket Mine in Zimbabwe, on Thursday said it had sold forward 15,000 ounces of gold production under a six-month collar and cap arrangement. Caledonia said the hedge arrangement, which set up the gold price between $1,050 per ounce and $1,080 per ounce would give it greater clarity over cashflows until

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