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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: rolatzi who wrote (169217)5/31/2002 11:20:52 AM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Information is from their last quarterly report. Hedge is in the form of currency futures:

harmony.co.za

Obviously, there is also an inherent hedge that a falling dollar correlates to a rising POG generally, which offsets the currency effect as well. That applies equally to GFI, so it does not confer an advantage on one vs the other.
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