News Articles for Saracen Mineral Holdings

Our weekly appointments wrap includes Stuart Nicholls, Tony Kiernan, Peter Blackmore, Fabio Mancini, Pele Reeve, Rick McKenzie, Brad O'Donnell, Matthew Keating, and new board members and staff announcements for the Centre for Stories.

The salt of the earth miner-turned reluctant dealmaker talks to Business News about the transaction that's kept him, and the market, on the hook for more than a year.

West Perth-based gold explorer DiscovEx Resources says assay results from its air-core drilling at the company's Spartan prospect at its Edjudina project in WA's Eastern Goldfields have confirmed bedrock gold mineralisation, generating three high-priority drill targets. The company believes it has also discovered significant gold within transported overburden and now plans to determine the connection between the bedrock and transported gold.

DiscovEx Resources has kicked off a 10,000m air-core program at its Edjudina project about 250km north-east of Kalgoorlie in Western Australia as it targets a compelling gold anomaly at the site. The company has been working up its Spartan target over the past few months conducting systematic soil sampling and geophysical survey work.

Business News has tracked dramatic changes in the ranking of WA's largest goldminers over more than a decade.

Junior explorer DiscovEx Resources has improved the prospectivity of its Spartan gold anomaly after a phase 2 infill and extensional soil sampling program added results up to 544 parts per billion gold. The target sits inside the larger Edjudina project about 250km north-east of Kalgoorlie in Western Australia.

Latest figures from Northern Star have captured the first full reporting period since its mega merger with Saracen Minerals, with earnings up and production on track.

Northern Star Resources' chief development officer and general manager will exit the business to take top jobs with Bellevue Gold, adding to a string of departures since merging with Saracen Minerals.

Record commodity prices and a flurry of M&A deals have defined the past year for listed resources companies.

A multi-billion-dollar merger has brought a change at the top of Business News' list of goldminers.

Northern Star Resources is on track to meet its full-year targets after posting a jump in quarterly gold sales, underpinned by its recent $5.8 billion acquisition of Saracen Mineral Holdings.

Torian Resources has extended the interpreted strike length of the gold-bearing zone at its Mt Stirling gold project near Leonora in WA to more than 1.1km. It comes in the midst of the company's ongoing drilling push aimed at building on an existing resource for Mt Stirling of 727,021 tonnes of ore at an average grade of 1.45 g/t for 33,893 ounces of contained gold.

Our board moves wrap includes Brenda Berlin, Sam Randazzo, John Richards, Martin Reed, Roric Smith, Sally Langer, Samantha Tough, Anthony Kiernan, Raleigh Finlayson, Rochelle Macdonald, and Lino Bruno.

Northern Star Resources and Saracen Mineral Holdings have reported strong growth in production and earnings, just days ahead of their merger taking effect.

Goldminer Northern Star Resources has enjoyed a spike in quarterly sales and significantly reduced its debt, while Saracen Mineral Holdings achieved record production at its WA mines.

Several Perth companies executed value-creating mergers and acquisitions last year, none more so than Pilbara Minerals.

Shares in WA's gold and iron ore miners have shot up as the value of both commodities rose to impressive highs overnight.

Gold has stood the test of time proving it to be a stand-out performer in 2020 following the onset of COVID-19. March saw the price of the yellow metal fall to US$1,486 per ounce before rising by a stunning 40 per cent to hit an all-time US$2,067 per ounce high in August. What does 2021 hold for gold?

The updated WA ‘rich list' shows the state's iron ore magnates are moving far ahead of people who made their money in other industries.

Investment prospects for gold remain strong, with the potential for Australian production to exceed the record 326 tonnes set in 2019.

Nexus Minerals has launched a $6.6 million share placement to fund a feasibility study on the company's gold joint venture with Saracen Mineral Holdings.

Resolute Mining has reported slow gold production during the September quarter, less than a week after John Welborn's departure.

Gina Rinehart has made history, becoming the first woman to win the GJ Stokes Memorial Award at Kalgoorlie's Diggers & Dealers mining forum.

De Grey Mining managing director Glenn Jardine says the explorer's heady market valuation is a fair reflection of the potential scale of its Hemi discovery.

Gold assets in the US and Canada are on the radar for local producers.

Goldminers on opposite coasts have diverging views on the value of Western Australia's hard border closure.

The proposed merger of Northern Star Resources and Saracen Mineral Holdings dominated the opening session on day one of the Diggers & Dealers forum.

After a rocky start to the year, confidence in WA's gold sector is driving economic activity, with investment and exploration up.

Shares in Northern Star Resources and Saracen Mineral Holdings rose strongly today after they announced a merger to create a top 10 global gold producer with a market value of $16 billion.

Almost half of revenue reported by WA's top 20 public resources companies can be attributed to iron ore miners amid an industry boom.

Kalgoorlie Super Pit owners Saracen and Northern Star have reported a surge in profits for the full financial year, on the back of record production and a strong gold price.

The owners of the Kalgoorlie Super Pit have confirmed the mine will continue producing gold for another 15 years, following a strategic review and resource expansion.

The Perth Mint has suffered a substantial fall in market share while also being rapped over the knuckles by the industry supervisor.

Goldminer Saracen Mineral Holdings has reported a 12 per cent rise in reserves at its Carosue Dam and Thunderbox operations in Western Australia.

Saracen has surpassed its production guidance for the 2020 financial year, though the goldminer's performance has been overshadowed by the recent death of an underground worker.

Saracen Mineral Holdings has confirmed the death of one of its underground miners following an incident at the Dervish gold mine in Western Australia.

One of Western Australia's largest gold mines has been forced to shut down after a safety incident involving one of Saracen Mineral Holdings' underground miners.

Super Pit owners Saracen and Northern Star have reported positive gold production for the June quarter, with Saracen reaching record output for the financial year.

GR Engineering Services has signed its third contract this month after securing $29 million in work with Saracen Mineral Holdings for the Thunderbox and Carosue Dam operations in Western Australia.

Gold miner Saracen Mineral Holdings has been added to the S&P/ASX 100 stock index, reflecting strong growth in the company's market value this year, while Seven West Media's steep slide has see