Catalyst Metals secures gold price protection regime
Key points
- Catalyst Metals enters into gold forward contracts
- Fixed price of A$6,075 per ounce for 30,000 ounces
- Deliveries spread over 15 months, starting August 2026
- Aimed to manage volatility and ensure operational stability
Full summary
Catalyst Metals Limited (ASX:CYL) has entered into gold forward contracts totaling 30,000 ounces at a fixed price of A$6,075 per ounce. The deliveries are spread evenly over 15 months, starting in August 2026, representing 2% of reserves or a quarter of production. This strategy provides flexibility to manage gold price exposure and operational stability amid market volatility.
Summary generated by a large language model. Please interpret with care.