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21
Apr
2016
Saracen buys Thunderbox royaltyBy:Creamer Media Senior Deputy Editor: Australasia GOLD Gold miner Saracen Mineral Holdings on Thursday told shareholders that the all-in sustaining costs (Aisc) of its Thunderbox mine, in Western Australia, would fall by nearly A$25/oz, following the repurchase of the Norilsk royalty.
The 1.5% net smelter royalty had been capped at A$17-million.
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