PRECIOUS METALS

Pacific weighs on St Barbara outlook

GOLD producer St Barbara has downgraded its full-year guidance due to the deterioration in performance of assets acquired in the $A556 million takeover of Allied Gold, while announcing a 55% blowout in capital costs for the Simberi expansion.

Kristie Batten
Pacific weighs on St Barbara outlook

The company announced today that it expected gold production for the 2013 financial year to be about 400,000 ounces, down from the previous guidance of 435,000oz. In its September quarterly released...

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