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St Barbara Accelerates Simberi Expansion with 37% Production Surge Amid Tax Review
5:35am on Monday 2nd of June, 2025 AEST
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Mining
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St Barbara Accelerates Simberi Expansion with 37% Production Surge Amid Tax Review
5:35am on Monday 2nd of June, 2025 AEST
Key Points
Simberi gold production rises 37% to 14,053 ounces in Q3 FY25
Pre-feasibility study confirms 13-year mine life with 200+ kozpa production from FY28
Initial capital expenditure for expansion estimated at US$235 million
Strong financial position with A$200 million in cash, bullion, receivables, and investments
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