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Saracen Mineral Holdings

Company Profile:

Saracen Mineral Holdings (ASX:SAR) is a gold miner based in Australia and is emerging as a next generation player with annual production of over 300,000ozpa. The group’s cash flows are growing in view of forecast all-in sustaining cost below A$1,075/oz, and it is debt-free given the funding strategy in place for its developmental projects. The key assets include Carosue Dam Operation and Thunderbox Operation with long lives and extensive growth potential. Thunderbox is turning out to be one of Australia’s larger and productive underground mines.

Code : ASX:SAR Mining Company

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