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How Will St Barbara’s A$58M Placement Accelerate Simberi and 15-Mile Growth?
10:33am on Tuesday 7th of October, 2025 AEDT
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Mining
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How Will St Barbara’s A$58M Placement Accelerate Simberi and 15-Mile Growth?
10:33am on Tuesday 7th of October, 2025 AEDT
Key Points
A$58 million placement via 126.1 million new shares at A$0.46 each
Funds allocated to Simberi Expansion Project and 15-Mile Processing Hub feasibility and development
Simberi Expansion targets 200,000 ounces gold production annually over 13 years
Pending PNG tax assessment resolution and mining lease renewal critical for final investment decision
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