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St Barbara’s Simberi exit opens a cash-rich path to Nova Scotia growth
8:19am on Monday 28th of September, 2026 AEST
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Mining
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St Barbara’s Simberi exit opens a cash-rich path to Nova Scotia growth
8:19am on Monday 28th of September, 2026 AEST
Key Points
A$453m Simberi consideration comprising A$410m cash, A$43m funding reimbursement and royalties
Pro forma cash of approximately A$880m before listed investments
Potential A$0.13 fully franked special dividend and buy-back of up to 100m shares
15-Mile Ore Reserves increase 17% to 1.44 Moz with a 13-year mine life
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