BRIEF-Dundee Precious Metals entered into additional commodity hedges in June

Thu Jul 7, 2016 5:20pm EDT
 
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July 7 (Reuters) - Dundee Precious Metals Inc:

* Entered into option contracts covering 6,600 ounces of gold, representing about 10% of its projected payable production for balance of 2016

* Says in June 2016, company entered into additional commodity hedges to reduce its near-term commodity price exposure

* Entered option contracts covering 45,000 ounces of gold, representing about 30% of its projected payable production for 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)