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Kumul Secures 20% Stake in Simberi Gold Project for A$100 Million
3:42pm on Wednesday 10th of December, 2025 AEDT
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Mining
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Kumul Secures 20% Stake in Simberi Gold Project for A$100 Million
3:42pm on Wednesday 10th of December, 2025 AEDT
Key Points
Kumul to acquire 20% interest in Simberi Gold Project for A$100 million
St Barbara retains 80% ownership and management control
Joint venture supports PNG Government’s local ownership and benefits sharing objectives
Kumul to farm-in for up to 20% of Tabar Islands Exploration Licenses
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