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Saracen on track for big FY2017

Record gold production of almost 190,000 ounce from its Western Australia operations base underpinned another improved set of full-year financial results from ASX-listed miner Saracen Mineral Holdings, though this set of figures is likely to pale into insignificance against what is to come in fiscal 2017.

Chris Cann
Saracen is preparing for a new dawn at its WA operations base

Saracen is preparing for a new dawn at its WA operations base

Production from Saracen’s flagship Carosue Dam operation was down by about 6% for the year to 157,000oz, though first production from the Thunderbox operation in the second half added more than 31,000oz...

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