Saracen posts record quarter

Gold miner Saracen Mineral Holdings has reported another quarterly production record, with the miner producing 158 132 oz of gold in the three months to March.

The March quarter production was up from the previous record of 120 127 oz produced in the December quarter, with all-in sustaining costs for the March quarter increasing to A$1 1330/oz, up from the A$1 098/oz reported in the previous quarter.