St Barbara weighs its options at Simberi

February 23, 2016

Responsive image

Gold miner St Barbara has launched a strategic review of its Simberi operations, in Papua New Guinea, which would evaluate “various options” for the assets, including continued ownership, exploration and development, possible joint ventures and divestment of some or all of its assets in the country.

St Barbara this week pointed out that the Simberi operation produced 107 553 oz of gold during the 2015 calendar year, with production for 2016 forecast at between 100 000 oz and 110 000 oz.

Category: General