PRECIOUS METALS

Thunderbox to turn Saracen mid-tier

SARACEN Mineral Holdings will become a mid-tier gold producer after its board approved the development of the Thunderbox deposit in Western Australia.

Jack McGinn
Thunderbox pit.

Thunderbox pit.

The approval came following the completion of a feasibility study for stage one of the project, which revealed a large open pit would deliver 124,000 ounces per annum over an initial 4.5-year mine life....

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