
Golden producer on the rise
By Samantha James FIRST gold pour at the Thunderbox gold mine in WA was achieved ahead of schedule in mid-February 2016, with ramp up set to double Saracen Mineral Holdings’ annual gold production to more than 300,000 ounces. Saracen owns the producing Carosue Dam open pit and underground gold operations, the Thunderbox open pit mine and recently refurbished Thunderbox carbon in leach (CIL) plant, as well as gold and nickel exploration and development projects in WA. The company is completing several studies into the viability of developing underground projects to extend the life of mine at Carosue Dam. In early February 2016, Saracen announced that commissioning of the Thunderbox CIL plant and the first mining of the Thunderbox open pit...