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St Barbara’s Simberi exit clears the runway for a bigger Nova Scotia bet

8:15am on Tuesday 27th of October, 2026 AEDT • Mining
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St Barbara’s Simberi exit clears the runway for a bigger Nova Scotia bet

8:15am on Tuesday 27th of October, 2026 AEDT
Key Points
  • A$410m cash payment plus A$43m capital repayment from Lingbao
  • 2.75% New Simberi royalty and 1.5% Tabar Islands royalty retained
  • 15-Mile Ore Reserves rise 17% to 1.44Moz with a 13-year mine life
  • Touquoy Restart targets stockpile processing by end-December quarter FY27
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