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First Quantum makes hay in March quarter

First Quantum makes hay in March quarter

Miner has hedged 35% of expected copper sales over next 12 months at US$3.04/lb

Copper News

28 APRIL 2021
Coeur posts record results, reduces debt

Coeur posts record results, reduces debt

Strong results across the portfolio

Profit & Loss

29 OCTOBER 2020
New Year's resolutions (or old habits die hard?)

New Year's resolutions (or old habits die hard?)

Old habits die hard, killing corporate value along the way

Russo's rules

25 JANUARY 2019
Protection, not speculation

Protection, not speculation

Investors need to get over their hedging hang ups

MJ comment

08 NOVEMBER 2017
Temporary hedging pain for First Quantum

Temporary hedging pain for First Quantum

Copper sales hedge programme leads to $157 million bite out of revenues

Profit & Loss

27 OCTOBER 2017
Gold's insiders, and outsiders

Gold's insiders, and outsiders

North American gold companies persist with 'outside-in', while Australians move to 'inside-out'

Russo's rules

01 JUNE 2017
More humility and less certainty

More humility and less certainty

'Most active investors in mining companies aren't owners they just rent the commodity exposure'

Russo's rules

10 APRIL 2017
Harmony hedges gold this time

Harmony hedges gold this time

Companies secures good price on 20% of two years' production

Africa

19 JULY 2016

More gold producers join the hedging club

End-March hedged ounces at highest level since mid-2010

Events Coverage

13 JULY 2016
Hedge slate wiped clean

Hedge slate wiped clean

Hedgers versus non-hedgers culture replaced with project, acquisition specific protection

Events Coverage

19 OCTOBER 2015
Divorce the story, marry the reality

Divorce the story, marry the reality

Gold price strength is a chance to hedge

Russo's rules

14 OCTOBER 2015