Saracen Minerals: Flight to 400
All images: Saracen Minerals BY: JESSICA CUMMINS Capping off FY18 with record breaking results and hitting 2.5 million ounces in gold reserves brings Saracen Minerals closer to reaching its goal of 400,000ozpa within the next five years. Saracen Minerals managing director Raleigh Finlayson speaks with The Australian Mining Review about its achievements and plans for the rest of the year. GOLD miner Saracen Minerals is in good stead with a FY18 net profit surge of 166 per cent to $75.6 million; an increase from $28.4m a year prior. Saracen Minerals managing director Raleigh Finlayson said the strong results were particularly pleasing given the miner was in a growth phase. Mr Finlayson said profit and free cash flow surged as the…