Buenaventura knocks out more hedges (May 25, 2007)

Minas Buenaventura (BVN-N) has bought out its 2009 gold hedging commitments, removing another 248,000 oz. from its hedge book.The company will pay US$87 million to clear off those contracts, which will leave it with 922,000 oz. committed between 2010 and...

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