DRD closes out hedge book
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July 8, 2002

Johannesburg -- Durban Roodepoort Deep said on
Monday it had closed out its full revenue hedge book.
quot;The outstanding fixed loss on the close-out was
US$17 million, which will be repaid within the current
financial year,quot; DRD said in a statement. The company
said it would now receive the full spot price from its
gold sales.