Saracen's managing director Raleigh Finlayson said shareholders had been virtually unanimous. The merger creates the world's eighth-biggest gold producer and Australia's second biggest behind Newcrest Mining, increasing production towards 2 million ounces a year by It also consolidates Kalgoorlie-Boulder's famous Golden Mile — once considered the richest square mile on Earth — under a single owner for the first time in its year history. Mr Finlayson will lead the combined group as managing director before handing over the reins to Northern Star's current CEO Stuart Tonkin within 18 months.
WhatsApp The chief executive of the Capital of Kalgoorlie-Boulder has said he is worried recent high profile issues contained by the Goldfields city will do continuing harm to its reputation. John Hiker was one of dozens of area, state, and federal leaders to abide part in a summit on Saturday which discussed social issues and cultural tensions within Kalgoorlie. The summit was called after a series of events highlighted severe cultural problems within the community. In August a year-old Indigenous boy was allegedly run down as a result of a motorist while riding a bike police say was stolen. His bereavement, and subsequent charges laid by constabulary, prompted a riot in Kalgoorlie's central street that saw officers injured after that property damaged.
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