HK-listed Lingbao Gold to buy half of Australia's St Barbara unit for $245.5 million

St Barbara

10/12/2025 04:52

Dec 10 (Reuters) - Australia's St Barbara SBM.AX said on Wednesday Chinese gold producer Lingbao Gold Group 3330.HK would buy a 50% stake in its unit St Barbara Mining Pty for A$370 million ($245.50 million) in cash.

($1 = 1.5072 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru; Editing by Subhranshu Sahu)

 ((Nichiket.Sunil@thomsonreuters.com))