Edition:
India

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.