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Oz gold miner St Barbara faces long haul in PNG

There was no celebration in the market for St Barbara on the release of its updated prefeasibility study in to the life-extending sulphide project at its Simberi gold mine in Papua New Guinea’s remote New Ireland province.

Barry FitzGerald*
St Barbara's Simberi operation in Papua New Guinea

St Barbara's Simberi operation in Papua New Guinea

The update confirmed a robust project that would pick up from the oxide operation in FY2022 and carry Simberi through to FY2035, producing 1.8 million ounces over the 13 years at a midpoint AISC of US$920/oz,...

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