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How Will St Barbara’s A$470M Strategic Deals Fuel Simberi’s 13-Year Gold Boom?

10:22am on Wednesday 28th of January, 2026 AEDT Mining
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How Will St Barbara’s A$470M Strategic Deals Fuel Simberi’s 13-Year Gold Boom?

10:22am on Wednesday 28th of January, 2026 AEDT
Key Points
  • New Simberi Gold Project feasibility confirms 13-year mine life with 200kozpa production
  • PNG government extends Simberi mining lease to 2038
  • Binding agreements signed with Lingbao Gold and Kumul Mineral Holdings for A$470 million investment
  • Nova Scotia 15-Mile Processing Hub pre-feasibility shows rapid payback and 100kozpa production
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