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SBM St Barbara News Story

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Basic MaterialsSpeculativeMid CapTurnaround

Australia's St Barbara rises on strong gold production outlook

** Shares of Australia's St Barbara SBM.AX rise as much as 8% to A$0.74, post biggest intraday pct gain since April 8

** Gold miner expects gold production to rise to 191koz in FY30, from estimated 48koz in FY27

** Says co fully funded to meet upcoming capital requirements to develop key projects, sees long mine life expectancies for future production

** Stock up 25.9% YTD, including day's moves

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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