ASX-listed Westgold has restructured its gold hedging arrangements to take advantage of the higher gold price. The miner said on Wednesday that prior to the restructure, its hedge book schedule for the period ending February 2022 was for 10 000 oz a month. Under an agreement reached with Citibank, this schedule has now been revised to enable Westgold to take advantage of the current higher gold prices in the short term.
