Latest St Barbara (ASX:SBM) News

St Barbara Limited has secured a crucial extension of its mining lease for the New Simberi Gold Project until 2038, setting the stage for strategic investments and a significant production increase.

St Barbara Limited reports strong feasibility outcomes for its New Simberi Gold Project and Nova Scotia developments, backed by significant strategic investments and regulatory approvals.

St Barbara has received a significant A$32 million deposit from Lingbao Gold Group, marking a key milestone in their strategic partnership to co-own the Simberi Gold Project. This deposit moves the companies closer to finalising a transformative A$370 million investment.

St Barbara Limited has completed a compelling restart study for its Touquoy gold project in Nova Scotia, outlining a low-capital, near-term operation with robust economics and a positive permitting outlook.

St Barbara Limited has locked in A$470 million in funding through strategic partnerships with Lingbao Gold Group and Kumul Mineral Holdings, fully financing the Simberi Gold Project expansion and accelerating its development timeline.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

St Barbara Limited’s latest Feasibility Study confirms the Simberi Expansion Project as a long-life, low-cost gold and silver operation with robust economics and a 13-year mine life. The project promises over 2 million ounces of gold production and competitive costs, pending key regulatory approvals.

St Barbara Limited reports solid progress on its Simberi Expansion Project and Atlantic 15-Mile Processing Hub, with key milestones reached and strategic options under review.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

St Barbara Limited has successfully raised A$58 million through an institutional placement to fund key growth initiatives at its Simberi gold operations, signaling confidence in its expansion strategy.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

St Barbara Limited has raised A$58 million through an institutional placement to fund key growth initiatives including the Simberi mobile fleet expansion and the 15-Mile Processing Hub pre-feasibility study.