Saracen Mineral Holdings Limited (ASX: SAR) has reported an exceptional performance for the June 2017 quarter which saw it post record gold production, achieve its goal of doubling annualized production to 300,000oz, and deliver a host of impressive exploration results. Production for the June quarter was up 23% on the previous quarter at 79,985 ounces, a record for the companyRead more
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Saracen Mineral Holdings Limited’s (ASX: SAR) latest drilling results demonstrated the potential for extended production growth and mine life at both Carosue Dam and Thunderbox.
Saracen Mineral Holdings Limited’s (ASX: SAR) latest drilling results demonstrated the potential for extended production growth and mine life at both Carosue Dam and Thunderbox. Further, the company is on track to hit the 300kozpa production rate in the current quarter with FY18 outlook of 170koz for Carosue Dam. Notably, solid drill outcomes at Karari are also demonstrating significant growthRead more
Resolute Mining Limited (ASX: RSG) is targeting an overall gold recovery of above 85% for Syama Project (as at mid May 2017, the overall project has been 44% complete). The staged commissioning of the project is on track for the end of March 2018. On the other hand, the gold production of 88,622 ounces was achieved at an All-In SustainingRead more
Transition to open pit mining and commencement of underground development: Resolute Mining Ltd (ASX: RSG) stock fell over 9.58% on March 03, 2017 impacted by falling gold prices. Meanwhile, the company has reported the first half 2017 results recently in which RSG posted revenue from gold sales of A$168 million, gross profit from operations of A$69 million and the netRead more
Drilling results: Northern Star Resources Ltd (ASX: NST) corrected over 5.7% on April 13, 2016. On the other hand, NST surged over 36.2% in the last three months (as of April 12, 2016) driven by the positive updates by the group. NST recently reported that its drilling results at East Kundana JV near Kalgoorlie indicates the potential for Kundana toRead more