CAPITAL MARKETS

St Barbara posts lower output, higher costs

INVESTORS have frowned on St Barbara in morning trade after the gold miner reported lower than expected gold production and higher cash operating costs from its Leonora and Southern Cross operations for the March quarter.

MiningNews.Net
St Barbara posts lower output, higher costs

The Melbourne-based miner’s share price dipped as much as 20% to an intraday low of A26.5c after posting an 11% on-quarter fall in gold output of 59,889 ounces for the March quarter, while cash costs increased...

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