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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 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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