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St Barbara posts loss despite improving profits

A HIGHER gold price and production starting at the Gwalia mine was not enough to save St Barbara from posting a net after-tax loss of $A76.3 million for the 2009 financial year.

Kristie Batten
St Barbara posts loss despite improving profits

The loss was due to significant items amounting to $76.6 million, coming mainly from impairment write-downs and the end of open pit mining at Southern Cross. Despite the loss, the company saw earnings...

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