Member Company Profile

Saracen Mineral Holdings Limited

SAR:AU|Last Price: USD 2.60|Market Cap: USD 2.13 B

USD 1.29        USD 2.71


Gold Price: $1,437.65|Silver Price: $16.35|Platinum Price: $857.00|Palladium Price: $1,529.00|Gold:Silver: 87.9


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Australia


Last Updated: May 28, 2019

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IR Contact

Troy Irvin
+61 (8) 6229-9100
[email protected]
www.saracen.com.au

Address

Level 11, 40 The Esplanade
Perth, WA 6000
Australia

Cautionary Information

© Copyright 2019, Denver Gold Group & Saracen Mineral Holdings Limited.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Saracen is Australia's newest 300,000oz per annum gold producer, with a declining cost profile to just US$700/oz in FY20. The Company has two production centres north of Kalgoorlie in Western Australia, Carosue Dam and Thunderbox. Reserves increased by 40% over the last 12 months to 2.1 million ounces, implying a +7 year mine life. The FY17 Reserve 'discovery' cost was just over ~US$25/oz. Resources total 9.0 million ounces. Saracen is well-positioned to deliver growth in cash flow, Reserves and value per share.

Value Drivers
  • 300koz pa from two Western Australian production centres.
  • Declining all-in sustaining cash costs.
  • 2.1 million ounces in Reserves (+7 year mine life).

Annual Production
Gold, oz per year
GEOs: No

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: JORC , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Van Eck
  • Blackrock
  • N/A
Management
Chairman: Tony Kiernan
CEO: Raleigh Finlayson
CFO: Morgan Ball
COO: Simon Jessop
Chief Corporate Development Officer: Troy Irvin
Chief Geologist: Dan Howe
GM People, Culture & Communications: Marianne Dravnieks
More Detail
Capital Structure
Common Shares Outstanding: 820,271,771
Float (%): 100.00
Fully Diluted Shares: 820,271,771

IR Contact

Troy Irvin
+61 (8) 6229-9100
[email protected]
www.saracen.com.au

Address

Level 11, 40 The Esplanade
Perth, WA 6000
Australia

Cautionary Information

© Copyright 2019, Denver Gold Group & Saracen Mineral Holdings Limited.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.