middle.news

St Barbara Accelerates Simberi Sulphides Expansion Despite Q2 Production Hurdles

8:21am on Friday 31st of January, 2025 AEDT Mining
Read Story

St Barbara Accelerates Simberi Sulphides Expansion Despite Q2 Production Hurdles

8:21am on Friday 31st of January, 2025 AEDT
Key Points
  • A$100 million capital raise completed to accelerate Simberi Sulphides production
  • Q2 gold production of 10,262 ounces below guidance due to equipment and operational issues
  • Simberi Mining Lease early renewal accepted; government support secured
  • New oxide gold discovery between Pigibo North and Southwest Sorowar pits
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about St Barbara (ASX:SBM)
OPEN ARTICLE