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Saracen Mineral Holdings Ltd (SAR.AX)

SAR.AX on Australia Stock Exchange

6.06AUD
20 Oct 2020
Change (% chg)

$-0.03 (-0.49%)
Prev Close
$6.09
Open
$6.03
Day's High
$6.08
Day's Low
$6.01
Volume
7,182,832
Avg. Vol
9,583,576
52-wk High
$6.75
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$2.81

Latest Key Developments (Source: Significant Developments)

Saracen Mineral Says Dividend Will Be Declared When Company Has A Minimum Net Cash Balance Of A$150M
Wednesday, 19 Aug 2020 

Aug 19 (Reuters) - Saracen Mineral Holdings Ltd ::DIVIDEND WILL BE DECLARED WHEN COMPANY HAS A MINIMUM NET CASH BALANCE OF A$150M.TARGET DIVIDEND PAYOUT RATIO OF 20-40% OF NPAT REMAINS.WILL NOT PAY A DIVIDEND IN RESPECT OF FY20.  Full Article

Saracen Mineral Posts FY Net Profit Attributable Of $210.9 Mln
Wednesday, 19 Aug 2020 

Aug 19 (Reuters) - Saracen Mineral Holdings Ltd ::FY NET PROFIT ATTRIBUTABLE $210.9 MILLION VERSUS $101.2 MILLION.FY REVENUE FROM ORDINARY ACTIVITIES $1.07 BILLION VERSUS $555.6 MILLION.  Full Article

Saracen Mineral Holdings Sees FY21 Group Production Of 600-640Koz
Tuesday, 18 Aug 2020 

Aug 18 (Reuters) - Saracen Mineral Holdings Ltd ::FY21 GROUP PRODUCTION GUIDANCE 600 - 640KOZ AT AISC OF A$1,300 - 1,400/OZ.FY21 GROWTH CAPITAL GUIDANCE OF A$429M (GROSS).FY21 EXPLORATION GUIDANCE OF A$55M.GROUP PRODUCTION STEPS UP TO ABOUT 700,000OZPA IN FY24, BEFORE CLIMBING TO ABOUT 800,000OZPA IN FY27.FY21 NET CAPITAL GUIDANCE IS A$264M.  Full Article

Saracen Mineral Holdings Updates On Operations Resuming At Carosue Dam
Wednesday, 15 Jul 2020 

July 15 (Reuters) - Saracen Mineral Holdings Ltd ::UPDATES ON OPERATIONS RESUMING AT CAROSUE DAM.FY21 PRODUCTION GUIDANCE REMAINS UNCHANGED.DEVELOPING A RETURN TO WORK PLAN TO ENSURE STOPING ACTIVITIES AT CDO CAN SAFELY RESUME IN COMING DAYS.ORE PROCESSING WILL RESUME TODAY AT CAROSUE DAM OPERATIONS.  Full Article

Saracen Mineral Updates On Incident At Dervish Mine
Tuesday, 14 Jul 2020 

July 14 (Reuters) - Saracen Mineral Holdings Ltd ::UNDERGROUND CONTRACTOR INVOLVED IN INCIDENT AT ITS DERVISH MINE IN WA HAS PASSED AWAY.OPERATIONS AT SARACEN'S CAROSUE DAM OPERATIONS, WHICH INCLUDE DERVISH MINE, REMAIN SUSPENDED.WILL PROVIDE AN UPDATE ON JULY 15 ON RESUMPTION OF OPERATIONS.  Full Article

Saracen Mineral Posts June Quarter Gold Production Of 145,830Oz
Wednesday, 8 Jul 2020 

July 8 (Reuters) - Saracen Mineral Holdings Ltd ::SARACEN MINERAL - JUNE QUARTER GOLD PRODUCTION OF 145,830OZ.SARACEN MINERAL- GOLD SALES FOR QUARTER OF 148,011OZ AT AN AVERAGE SALE PRICE OF A$2,280/OZ.  Full Article

Saracen Mineral Says Managing Director Sold 500,000 Shares In Co
Wednesday, 27 May 2020 

May 27 (Reuters) - Saracen Mineral Holdings Ltd ::MANAGING DIRECTOR RALEIGH FINLAYSON HAS SOLD 500,000 SHARES IN CO.FOLLOWING SALE, FINLAYSON HOLDS 3.2 MILLION SHARES & 2.6 MILLION PERFORMANCE RIGHTS.SALE WAS CONDUCTED AT AN AVERAGE PRICE OF A$5.48 PER SHARE.  Full Article

Saracen Mineral Posts Qtrly Gold Production Of 158,132Oz
Tuesday, 28 Apr 2020 

April 28 (Reuters) - Saracen Mineral Holdings Ltd ::QTRLY GOLD PRODUCTION OF 158,132OZ AT AISC OF A$1,133/OZ.COVID-19 HAD MINIMAL IMPACT ON MARCH QUARTER PRODUCTION.GOLD SALES FOR QUARTER OF 165,798OZ AT A AVERAGE PRICE OF A$2,228/OZ.THERE IS NO CERTAINTY JUNE QUARTER WILL NOT BE IMPACTED.FY2020 GUIDANCE OF +500,000OZ RETAINED.QTRLY UNAUDITED NPAT OF A$65M - A$70M.PRODUCTION GUIDANCE FOR FY21 REMAINS +600,000OZ.  Full Article

Saracen Mineral Holdings Says Group Production Of Between 150,000 & 155,000 Ounces Estimated For March Quarter
Friday, 27 Mar 2020 

March 27 (Reuters) - Saracen Mineral Holdings Ltd ::RECORD GROUP PRODUCTION OF BETWEEN 150,000 AND 155,000 OUNCES ESTIMATED FOR MARCH QUARTER 2020.PRODUCTION IN SIX MONTHS TO DECEMBER 31 WAS 216,452 OUNCES.NOT WITHDRAWING FY2020 GUIDANCE (+500,000OZ) BUT WILL CONTINUALLY REVIEW THIS.NO CERTAINTY THAT OPERATIONS WILL NOT BE IMPACTED IN JUNE QUARTER BY COVID-19 MEASURES.COMMISSIONING OF CAROSUE DAM MILL TO 3.2MTPA LIKELY TO BE DELAYED UNTIL MARCH QUARTER 2021.DISCRETIONARY EXPENDITURE DEFERRED, INCLUDING GREENFIELDS EXPLORATION.  Full Article

Srg Global Secures Five-Year, $70M Drill & Blast Contract With Saracen
Monday, 16 Mar 2020 

March 16 (Reuters) - Saracen Mineral Holdings Ltd ::SECURES FIVE-YEAR, $70M DRILL & BLAST CONTRACT WITH SARACEN.CONTRACT SCOPE INCLUDES PROVISION OF SPECIALIST DRILL & BLAST SERVICES, EXPLOSIVES MANAGEMENT & GRADE CONTROL DRILLING.SERVICES WILL BE PROVIDED AT SARACEN'S THUNDERBOX & CAROSUE DAM OPERATIONS.  Full Article

Gold gleams anew in Australia as Northern Star, Saracen agree to create $11.5 billion miner

MELBOURNE Australian gold miner Northern Star Resources on Tuesday offered to buy smaller peer Saracen Mineral Holdings in an agreed A$5.76 billion ($4.14 billion) deal that will create a global top-10 gold miner by market value.