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St Barbara Secures Simberi Lease Extension, Paving Way for Major Gold Output Boost
5:53pm on Sunday 1st of February, 2026 AEDT
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Mining
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St Barbara Secures Simberi Lease Extension, Paving Way for Major Gold Output Boost
5:53pm on Sunday 1st of February, 2026 AEDT
Key Points
Mining Lease ML 136 extended to 2038
Extension aligns with proven and probable ore reserves
Key condition met for Lingbao and Kumul strategic investments
Planned production expansion to over 200,000 ounces annually
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