CAPITAL MARKETS

St Barbara beats forecasts

ST BARBARA Mines is assessing the likelihood of gold production beyond November after enjoying a June quarter ahead of expectations, with the 83,646 ounces produced at cash costs of $341 per ounce representing slightly higher output than forecast at significantly better costs.

Michael Quinn

St Barbara beats forecasts

Forecasts were for 82,000oz at $415/oz, with higher grades, cost reduction initiatives and improved mining productivity given as the reasons for the out-performance. The Western Australian gold miner...

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