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New Gold pays $65.7 million to eliminate hedge

Michael Allan McCrae | May 17, 2013 | 2:12 pm Precious Metals Canada Latin America Gold Silver 

New Gold (NYSEMKT:NGD) says its production and resource base are now fully leveraged to the price of gold. According to a statement from May 15, the falling price of gold was an opportunity to eliminate the hedge  that were associated...

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