CAPITAL MARKETS

St Barbara profit softer after record FY18

GOLD miner St Barbara has posted a 36% drop in net profit after tax due to constraints at its flagship Gwalia gold operation in Western Australia.

St Barbara's Gwalia operation near Leonora in WA

St Barbara's Gwalia operation near Leonora in WA

NPAT was A$227 million, while underlying EBITDA dropped 19% to $279 million and cashflow from operations fell 24% to $241 million. The result was a slight miss on estimates, but one managing director...

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