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Company News Summary

Saracen Mineral Holdings Provides Quarterly Report for the Period Ended 31 March 2019

17 Apr 2019  |  08:22:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Quarterly Activities Report

Saracen Mineral Holdings provided quarterly activities report for the quarter ended 31 March 2019. It reported that the record quarterly gold production of 89,208oz at AISC of A$1,035/oz. The Cash and equivalents are A$153.3m at 31 March 2019. The Gold sales for the quarter of 89,002oz at an average sale price of A$1,766/oz, generating revenue of A$157.2m. A$60m FY 2019 exploration budget continues ramping up with A$15.9m invested in the quarter.

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