St. Barbara Ltd. (AU:SBM) has released an update.
St. Barbara Ltd. has announced significant advancements in their Simberi Sulphides Expansion project, including the early selection of a Saleable Concentrate Flowsheet, driven by promising metallurgical testwork indicating higher gold recovery rates and favorable market conditions. The discovery of less competent Sorowar ore translates to reduced energy requirements for crushing and grinding, which, along with the acquisition of new equipment and infrastructure improvements, positions the company for improved cash flow and operational efficiency in the upcoming fiscal years.
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