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Saracen Mineral Holdings Ltd (SAR.AX)

SAR.AX on Australia Stock Exchange

2.82AUD
13 Dec 2019
Change (% chg)

$-0.13 (-4.41%)
Prev Close
$2.95
Open
$2.95
Day's High
$2.95
Day's Low
$2.81
Volume
10,684,182
Avg. Vol
8,121,527
52-wk High
$4.66
52-wk Low
$2.42

Latest Key Developments (Source: Significant Developments)

Saracen Mineral Holdings Says Super Pit Stake Transaction Is Now Unconditional
Monday, 25 Nov 2019 

Nov 25 (Reuters) - Saracen Mineral Holdings Ltd ::SUPER PIT ACQUISITION NOW UNCONDITIONAL.ENTERED ADDITIONAL GOLD HEDGES OF 200,000 OUNCES OF GOLD AVERAGE OF A$2,187 PER OUNCE, WITH SCHEDULED DELIVERIES OUT TO DEC QUARTER 2022.SUPER PIT STAKE TRANSACTION IS NOW UNCONDITIONAL AND SET FOR COMPLETION ON 29TH NOVEMBER 2019.HEDGING FOLLOWS DRAWDOWN OF A$400M DEBT TO PARTIALLY FUND RECENT ACQUISITION OF 50% OF SUPER PIT.  Full Article

Hawthorn Resources Enters Binding Asset Sale & Purchase Deal With Saracen Mineral Holdings
Thursday, 18 Apr 2019 

April 18 (Reuters) - Hawthorn Resources Ltd ::HAWTHORN RESOURCES LTD ANNOUNCES SALE OF MINING LEASES AND EXPLORATION TENEMENTS.DEAL FOR A$13.5 MILLION PAYABLE IN CASH.CO ENTERS BINDING ASSET SALE AND PURCHASE AGREEMENT WITH SARACEN MINERAL HOLDINGS & ITS UNIT SARACEN GOLD MINES PTY LTD.  Full Article

Saracen Mineral Says Quarterly Gold Production Of 89,208oz
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Saracen Mineral Holdings Ltd ::GROUP PRODUCTION OUTLOOK FOR FY19 IS UNCHANGED AT 345- 365,000OZ AT AN AISC OF A$1,050 - 1,100/OZ.QUARTERLY GOLD PRODUCTION OF 89,208OZ.GOLD SALES FOR QUARTER OF 89,002OZ AT AVERAGE OF A$1,766/OZ, GENERATING REVENUE OF A$157.2M.CONFIDENT CO WELL ON TRACK TO MEET OBJECTIVE OF GROWING PRODUCTION TO 400,000 OZ A YEAR WHILE ESTABLISHING LONG MINE LIVES.7 YEAR PRODUCTION OUTLOOK, AND SPECIFICALLY FY20 GROUP PRODUCTION GUIDANCE WILL BE REVISED IN SEPTEMBER QUARTER 2019.  Full Article

Saracen Mineral Holdings Posts HY Net Profit Attributable Of $43.7 Mln
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Saracen Mineral Holdings Ltd ::HY NET PROFIT ATTRIBUTABLE TO MEMBERS $43.7 MILLION VERSUS $46.7 MILLION.HY REVENUE FROM ORDINARY ACTIVITIES $281.9 MILLION VERSUS $245.6 MILLION.  Full Article

Saracen Mineral Holdings Posts Qtrly Gold Production Of 88,833OZ
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Saracen Mineral Holdings Ltd ::FY19 GUIDANCE RISES TO 345-365,000OZ FROM 325-345,000OZ.GOLD SALES FOR QUARTER OF 85,049OZ AT AN AVERAGE SALE PRICE OF A$1,724/OZ, GENERATING REVENUE OF A$146.6M.QTRLY GOLD PRODUCTION OF 88,833OZ AT AISC OF A$1,067/OZ.  Full Article

Saracen Mineral Sees FY19 Group Production Of 325,000 OZ -345,000 OZ
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Saracen Mineral Holdings Ltd ::FY19 GROUP PRODUCTION GUIDANCE OF 325,000-345,000 OZ AT AISC OF A$1,050 - A$1,100/OZ.  Full Article

Saracen Mineral Holdings Appoints Tony Kiernan Chair
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Saracen Mineral Holdings Ltd ::TONY KIERNAN APPOINTED CHAIR.KIERNAN WILL REPLACE GEOFF CLIFFORD, WHO WILL RETIRE AS CHAIR.  Full Article

Saracen Mineral Holdings Ltd FY Net Profit Attributable Up 175%
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Saracen Mineral Holdings Ltd ::FY REVENUE FROM ORDINARY ACTIVITIES $511 MILLION VERSUS $423.1 MILLION.FY NET PROFIT ATTRIBUTABLE TO MEMBERS $78.2 MILLION, UP 175 PCT.  Full Article

Saracen Mineral Holdings Posts Qtrly Gold Production Of 78,930Oz
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Saracen Mineral Holdings Ltd ::QUARTERLY GOLD PRODUCTION OF 78,930OZ.GOLD SALES FOR JUNE QUARTER OF 82,206OZ.SEES FY19 PRODUCTION 325,000OZ-345,000OZ AT AISC A$1,050 - A$1,100/OZ.  Full Article

Nexus Minerals To Buy Wallbrook Gold Project From Saracen
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Nexus Minerals Ltd ::NEXUS TO ACQUIRE WALLBROOK GOLD PROJECT FROM SARACEN .‍TO BUY WALLBROOK GOLD PROJECT EXPLORATION TENEMENTS PACKAGE FROM SARACEN FOR CONSIDERATION OF 1.49 MILLION NEXUS SHARES​.‍FOLLOWING BOTH TRANSACTIONS, SARACEN WILL HOLD AN APPROXIMATE 6% EQUITY STAKE IN NEXUS​.  Full Article

UPDATE 1-Australia's Evolution Mining to buy Canadian gold mine from Newmont Goldcorp

Nov 26 Australia's Evolution Mining Ltd on Tuesday agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corp for $375 million in cash.