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Message: Barrick Story
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Is 75 tonnes of gold = to 2,411,250 ounces ?

If so and they had 9.5 million hedged they have a long way to go

If 1000 Kilograms =1 tonne = 32,150 troy oz

9.5 million divided by 32,150 = 295.5 tonnes of gold to cover hedge

I am not sure of my math...someone please check ??

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