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To: IngotWeTrust who wrote (48742)2/10/2000 5:33:00 AM
From: Alex  Respond to of 116764
 
Anglogold's hedge position lower in Q4

Feb 10--0920 GMT/1820 JT
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TOP STORIES:

S Africa Anglogold's hedge position 10 tons lower in Q4
Johannesburg--Feb 10--Anglogold, South Africa's largest gold producer, said
on Thursday that its net hedge position of 418,042 kilograms priced forward at
the end of 1999 was some 10 tons lower than at the end of the September quarter.
Angologold said in a statement that this year it intends to continue to deliver
into its hedge, and this is likely to mean lower levels of hedge cover going
forward. (Story .11596)

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