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Lingbao’s A$32M Deposit Advances St Barbara’s Simberi Expansion

8:25am on Wednesday 24th of December, 2025 AEDT Mining
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Lingbao’s A$32M Deposit Advances St Barbara’s Simberi Expansion

8:25am on Wednesday 24th of December, 2025 AEDT
Key Points
  • Lingbao Gold Group deposits A$32 million in escrow
  • Deposit part of A$370 million for 50% stake in St Barbara Mining Pty Ltd
  • St Barbara Mining owns 80% of Simberi Gold Project
  • Completion targeted alongside Final Investment Decision in Q3 FY26
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