Record production drives Saracen in H1

Gold miner Saracen Mineral Holdings has reported an increase in revenues and underlying net profits after tax for the six months to December, underpinned by record production. Gold production during the six months under review rose 13% to a record 177 774 oz, compared with the 157 795 oz produced in the previous corresponding period, resulting in revenue increasing from A$245.6-million to A$281.9-million.