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Saracen reports solid first half

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
Gold miner Saracen Mineral Holdings has reported an 89% increase in net profit for the six months to December 31, on the back of a 55% year-on-year increase in gold production. Saracen on Tuesday reported a net profit of A$14.9-million, while revenues increased by 47% year-on-year to A$186.6-million and gold production reached 127 692 oz.
 
 
 
 
 

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