Currently viewing Global edition

Gold's insiders, and outsiders

Over the past four to five years there has been a stark and growing difference between the way in which Australian and North American gold mining companies sell their gold and manage the associated risks of having high and largely fixed costs, and often high debt, against a totally variable, market driven, revenue line.

Gold's insiders, and outsiders Gold's insiders, and outsiders Gold's insiders, and outsiders Gold's insiders, and outsiders Gold's insiders, and outsiders

In short, the vast majority of North American companies do absolutely nothing about gold price risk management. Indeed they generally promote being totally exposed to price volatility as a virtu...

topics

loader