St. Barbara Advances Simberi Mining Lease and Partnerships

St. Barbara Ltd. (AU:SBM) has released an update.

St. Barbara Ltd. has made strides in securing the early renewal of its Simberi Mining Lease in Papua New Guinea, with significant support from local stakeholders. The company is also advancing a new royalty agreement and has signed an MOU with Kumul Mineral Holdings to potentially acquire a 20% interest in the Simberi project. These developments mark important steps toward expanding Simberi’s operations and enhancing its value.

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