{"id":1150238,"date":"2019-11-17T22:25:00","date_gmt":"2019-11-18T04:25:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=c66eb3cd542236d89100bfa640828a25"},"modified":"2019-11-17T22:27:01","modified_gmt":"2019-11-18T04:27:01","slug":"saracen-buys-50-stake-in-super-pit","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1150238","title":{"rendered":"Saracen buys 50% stake in Super Pit"},"content":{"rendered":"<p>Gold miner Saracen Mineral Holdings has struck a binding agreement with North American major Barrick Gold to acquire its 50% interest in the Kalgoorlie Super Pit mine, in Western Australia, for $750-million.<\/p>\n<p>The acquisition would establish Saracen as one of Australia\u2019s largest gold producers, with three mines in close proximity to Kalgoorlie, producing more than 600 000 oz\/y, with a combined reserve of more than seven-million ounces underpinning a group mine life of more than ten years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold miner Saracen Mineral Holdings has struck a binding agreement with North American major Barrick Gold to acquire its 50% interest in the Kalgoorlie Super Pit mine, in Western Australia, for $750-million.<\/p>\n<p>The acquisition would establish Saracen as 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