Brief: St Barbara Announces 10 Year Plus Outlook for Simberi

St Barbara

09/05/2024 23:29

May 10 (Reuters) - St Barbara Ltd  SBM.AX :
    * AVERAGE ANNUAL GOLD PRODUCTION RISING FROM 70 TO 75 KOZ IN
FY25
TO FY27 FOR SIMBERI
    * SEES AVERAGE ANNUAL GOLD PRODUCTION RISING TO 230 KOZ
THROUGH TO
FY34 FOR SIMBERI
    * SEES ALL-IN SUSTAINING COST DECREASING TO US$1,000 TO
US$1,200/OZ FROM FY28 TO FY34 FOR SIMBERI
    * EXPANSION GROWTH CAPITAL ESTIMATED AT US$213 MILLION
ACROSS FY26
TO FY28 FOR SIMBERI
    * DOES NOT INTEND TO ALLOCATE SIGNIFICANT GROWTH CAPITAL TO
NOVA
SCOTIA PROJECTS WHILE ADVANCING SIMBERI
    * CONCEPT STUDY PROVIDES A STRONG CASE FOR CO TO PUSH
FORWARD WITH
LARGER 3.7 MTPA THROUGHPUT OPTIONS AT SIMBERI


Further company coverage:  SBM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))