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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Saracen operational performance marred by accident

Mining News Pro - Saracen Mineral Holdings has surpassed its production guidance for the 2020 financial year.

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.

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.

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.

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.

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.

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.

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.

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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