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Acacia puts faith in gold hedges

Acacia Mining (LN:ACA) has spent US$3.2 million on put options to make sure it receives at least $1,300 per ounce for its gold doré over the next six months.

Acacia puts faith in gold hedges Acacia puts faith in gold hedges Acacia puts faith in gold hedges Acacia puts faith in gold hedges Acacia puts faith in gold hedges

Not out of options: North Mara can keep exporting gold doré and Acacia has guaranteed a price with the put options