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Saracen Mineral Holdings Ltd Updates Its FY 2013 Production Guidance

Friday, 10 May 2013 03:06am EDT 

Saracen Mineral Holdings Ltd (Saracen) announced that the gold production for April 2013, which was approximately 12,300oz, takes production for the FY 2013 year to date to approximately 111,000oz. Saracen’s original guidance for FY2013 was 120-130koz, which was lifted to 125-135koz in December 2013. Production is likely to be at the higher end of the revised range due to overcall in grade from the Deep South open pit and 20% more ounces from Red October than forecast. 

Company Quote

-0.0050 -1.52%
23 Oct 2014