Peninsular Gold to remain unhedged

Malaysia-focused mining firm Peninsular Gold expects the price of gold to continue rising, as it said it will continue to remain an unhedged gold producer.

Malaysia-focused mining firm Peninsular Gold expects the price of gold to continue rising, as it said it will continue to remain an unhedged gold producer.

Revenue for the year to the end of June rose from £10m last year to £14.2m, leading to pre-tax profits of £0.7m, compared to £0.2m the previous year.

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