St Barbara Upgrades Annual Gold Production Outlook

MT Newswires Live09:12

St Barbara (ASX:SBM) upgraded its gold production outlook to 200,000 ounces per year, with a compound annual growth rate of 59%, rising to 191,000 ounces in fiscal 2030 from 48,000 ounces in fiscal 2027, according to a Monday filing with the Australian bourse.

The New Simberi gold project's attributable gold production is set to rise to about 100,000 ounces per year at an anticipated life-of-mine (LOM) average all-in sustaining cost (AISC) of $1,336 per ounce, the filing said.

Meanwhile, the 15-Mile processing hub project average gold production is expected to exceed 100,000 ounces per year at an anticipated LOM average AISC of $1,188 per ounce, per the filing.

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