MANAGEMENT

Gold shines for Saracen

WESTERN Australia-based gold miner Saracen Mineral Holdings has increased reserves at its Carosue Dam and Thunderbox operations by 12% to a record 3.7 million ounces.

 Carasue Dam in WA

Carasue Dam in WA

The increase of 400,000 ounces comes despite mining depletion of 396,000oz. At Carosue Dam open pit reserves rose 85% to 750,000oz while underground reserves at Karari and Dervish stand at 1Moz, despite...

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