Saracen hedges for Super Pit buy

SARACEN Mineral Holdings has locked in 200,000 ounces of hedging as part of its US$750 million acquisition of Barrick Gold’s 50% stake in the Super Pit.

Saracen hedges for Super Pit buy Saracen hedges for Super Pit buy Saracen hedges for Super Pit buy Saracen hedges for Super Pit buy Saracen hedges for Super Pit buy

The Super Pit in Kalgoorlie

The hedging has been added at an average price of A$2187 per ounce, to be delivered between now and December 2022.