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How Will St Barbara’s A$389M Windfall Transform New Simberi Gold Project?

11:52am on Thursday 2nd of April, 2026 AEDT Mining
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How Will St Barbara’s A$389M Windfall Transform New Simberi Gold Project?

11:52am on Thursday 2nd of April, 2026 AEDT
Key Points
  • Lingbao transaction completed with A$389 million cash received
  • Unaudited A$0.5 billion gain on sale to be recorded in FY26
  • Final Investment Decision approved for US$333 million New Simberi construction
  • Project fully funded for St Barbara’s 50% share
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