CAPITAL MARKETS

Simberi continues to weigh on St Barbara

GOLD producer St Barbara today said its Simberi mine in Papua New Guinea had continued to underperform, with cash costs for the current financial year expected to be close to $A2000 an ounce.

Kristie Batten
Simberi continues to weigh on St Barbara

The company had already warned that Simberi’s performance in the current quarter had been hampered by poor mining performance and delays in ramping up the new processing circuit. As a result, production...

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