St. Barbara Ltd. (AU:SBM) has released an update.
St. Barbara Ltd. has advanced its Simberi Sulphides Expansion by selecting the Saleable Concentrate Flowsheet three months ahead of schedule, thanks to higher gold recovery rates and favorable market conditions for concentrate. The company’s testwork indicates the Sorowar ore is less complex than previously thought, which simplifies mining and processing operations, potentially reducing costs. These developments are part of a broader strategy to enhance the company’s financial performance, with significant investments being made to support future production.
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