As per my understanding, last year OGC had hedging, not now
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OceanaGold Corp. reported it entered into a forward gold sale arrangement with the support of the company’s banking group. Oceana received a pre-payment of $78.5 million or approximately $1,635 per ounce (oz) on February 28, 2020 in exchange for delivering 48,000 oz of gold between September and December 2020.
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- Ann: OceanaGold Announces Start of Processing at Didipio
Ann: OceanaGold Announces Start of Processing at Didipio, page-17
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