Northern Star reaps benefits of Saracen merger
Mining News Pro - Northern Star Resources is seeing the early signs of cost savings and productivity gains from the merger with Saracen Mineral Holdings as it progresses towards producing 2 million ounces of a gold a year.
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Visit: 613
Saracen says sayonara to ASX
Mining News Pro - Saracen Mineral Holdings has exited the ASX on a high after merging with fellow Super Pit operator Northern Star Resources, today reporting gold production records from its Western Australian operations.
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Visit: 580
Saracen ceases trading
Mining News Pro - The shares of gold miner Saracen Mineral Holdings will cease trading on the ASX at the end of business on Wednesday, as a merger with fellow listed Northern Star becomes effective.
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Visit: 711
Northern Star, Saracen performance peaks ahead of merger
Mining News Pro - Northern Star Resources and Saracen Mineral Holdings have both delivered operational records just weeks shy of their proposed merger being completed.
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Visit: 535
Saracen shareholders back Northern Star merger
Mining News Pro - Saracen Mineral Holdings has received virtually unanimous support from its shareholders for the company’s proposed merger with Northern Star Resources.
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Visit: 616
Saracen selects Minetek to support Thunderbox ramp up
Mining News Pro - Saracen Mineral Holdings has appointed Minetek to install a custom ventilation solution at the Thunderbox gold underground mine in Western Australia.
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Visit: 540
Northern Star to grow Kalgoorlie production ahead of Saracen merger
Mining News Pro - Northern Star Resources has continued to grow its production rate at the Kalgoorlie gold operations, with the company anticipating a 40 per cent rise over the next three years.
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Visit: 581
Saracen bounces back from Carosue Dam accident
Mining News Pro - Saracen Mineral Holdings has achieved record production at the Carosue Dam gold mine in Western Australia, boosting the company’s position to meet its 2021 fiscal year guidance.
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Visit: 613
Northern Star, Saracen anticipate mega merger opportunity
Mining News Pro - Saracen Mineral Holdings managing director Raleigh Finlayson has highlighted “future proofing” and “organic growth” as key outcomes to come from the company’s $16 billion merger-of-equals with Northern Star Resources.
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Visit: 629
Northern Star, Saracen create $11.5bn Australian gold giant
Mining News Pro - Australia’s Northern Star Resources is buying smaller peer Saracen Mineral Holdings in a deal that will create a A$16 billion ($11.5bn) gold giant — the world’s eighth largest gold miner by market value.
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Visit: 587
Northern Star and Saracen to join forces
Mining News Pro - Super Pit joint owners Northern Star and Saracen Mineral Holdings are set to combine, having agreed to a merger-of-equals worth $16 billion.
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Visit: 606
Saracen plots Carosue Dam capacity increase
Mining News Pro - Saracen Mineral Holdings plans to complete the construction of a 3.2 million tonne per annum processing plant at the Carosue Dam Operations in Western Australia during the 2021 financial year.
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Visit: 498
Saracen’s golden reserves to propel production
Mining News Pro - Saracen Mineral Holdings plans to ramp up gold production to 450,000 ounces a year starting from the 2023 financial year.
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Visit: 491
Saracen operational performance marred by accident
Mining News Pro - Saracen Mineral Holdings has surpassed its production guidance for the 2020 financial year.
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Visit: 635
Saracen restarts Carosue Dam operations following accident
Mining News Pro - Saracen Mineral Holdings will resume processing operations at the Carosue Dam gold operations in Western Australia today, with underground and open pit activities to follow imminently.
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Visit: 676
Saracen suspends operations following incident
Mining News Pro - Saracen Mineral Holdings has confirmed that a “serious incident” occurred at the Dervish gold mine in Western Australia yesterday.
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Visit: 471
Saracen brushes virus aside with record production
Mining News Pro - Saracen Mineral Holdings has finished the 2020 financial year with record production of 520,414 ounces of gold, beating its guidance of 500,000 ounces.
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Visit: 697
GR Engineering wins further Saracen contract work
Mining News Pro - Saracen Mineral Holdings has contracted GR Engineering Services to complete additional works at the Thunderbox and Carosue Dam gold projects in Western Australia, worth a combined $29 million.
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Visit: 740
Saracen achieves record production amid pandemic
Mining News Pro - Saracen Mineral Holdings has capped off the March 2020 quarter with record quarterly gold production of 158,132 ounces at an all-in sustaining cost of $1133 per ounce.
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Visit: 688
SRG Global wins $70m contract with Saracen
Mining News Pro - Saracen Mineral Holdings has awarded SRG Global a drill and blast contract worth $70 million at the Thunderbox and Carosue Dam gold operations in Western Australia.
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Visit: 654
Saracen makes $38.2 million takeover offer for Bligh Resources
Mining News Pro - Saracen Minerals has made an off-market offer to acquire Western Australia-based gold miner Bligh Resources.
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Visit: 775
Saracen Mineral on track to achieve growth plans with strong profits
Mining News Pro - Saracen experienced a 166 per cent surge in its net profit after tax, which climbed to $75.6 million during the financial year 2018.
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Visit: 829