Saracen Minerals (SAR) - Weather Impacted Quarterly Production Report
Saracen reported quarterly production of 27,301 ounces or 9% below guidance.
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Saracen Mineral Holdings (SAR) - STRONG SEPTEMBER QUARTERLY PRODUCTION REPORT
Saracen reported quarterly production of 31,790 ounces at $A730/oz, which was at the top end of quarterly guidance of 28-32k ounces at $A720-$A750/oz.
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Saracen Mineral Holdings (SAR) - $50M CAPITAL RAISING AND SPP UP TO $15M
Saracen is looking to raise up to $65m through a combination of placement and SPP.
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Saracen Mineral Holdings (SAR) - Modest Resource Upgrade, But More To Come
We retain our POSITIVE recommendation.
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Saracen Minerals (SAR) - Quarterly
Whilst the quarterly was downgraded due to equipment failure, Saracen still met full year guidance on both cost and production, and has reconfirmed previous 2012 guidance.