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St Barbara Secures Simberi Lease Extension, Paving Way for Major Gold Output Boost

10:24am on Wednesday 28th of January, 2026 AEDT Mining
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St Barbara Secures Simberi Lease Extension, Paving Way for Major Gold Output Boost

10:24am on Wednesday 28th of January, 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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