Saracen Mineral Holdings

Northern Star Resources has released its climate change strategy as a merged company on the eve of it officially joining forces with Super Pit co-owner Saracen Mineral Holdings.

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.

Fly-in, fly-out (FIFO) workers in Western Australia have been impacted by the state government’s decision to impose a snap five-day lockdown on three regions last night.

Curtin University’s Western Australian School of Mines is hosting a record number of secondary school aged girls at the annual Girls’ Focus on Mining Camp in the Goldfields this week.

Saracen Mineral Holdings has appointed Minetek to install a custom ventilation solution at its Thunderbox gold underground mine in Western Australia.

Australia’s mid-tier mining companies have outperformed the remainder of the mining sector in 2020, according to statistics from Pricewaterhouse Coopers (PwC).

Northern Star Resources and Saracen Mineral Holdings’ announcement of a $16 billion merger has brought anticipation for the rise of a new top 10 global gold producer, with signs there may be more mergers and acquisitions (M&A) in the gold sector.

Saracen Mineral Holdings has achieved record production at the Carosue Dam gold mine in Western Australia, boosting the company’s position to meet the 2021 fiscal year guidance.

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 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.

The iconic Super Pit mine in Kalgoorlie, Western Australia is set for another 15 years of production with an updated gold resource of 19 million ounces.

Saracen Mineral Holdings plans to ramp up gold production to 450,000 ounces a year starting from the 2023 financial year.

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 Mineral Holdings has confirmed that a “serious incident” occurred at the Dervish gold mine in Western Australia yesterday.

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.

Saracen Mineral Holdings has contracted GR Engineering Services to complete additional works at the Thunderbox and Carosue Dam projects in Western Australia, worth a combined $29 million.

Australian gold production fell by 10 tonnes, or 12 per cent from the previous quarter during the March period, according to gold consultants Surbiton Associates.

Australian gold prices have climbed back up to three-year highs at the end of this week, hitting $2673.56, according to data from ABC Bullion.

The gold industry is faring well during the coronavirus pandemic that is affecting so many other industries around the world, according to Resources Monitor’s latest report.

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.