St. Barbara Ltd. (AU:SBM) has released an update.
St. Barbara Ltd. has reported strong financial prospects for its updated Pre-Feasibility Study on the 15-Mile and Beaver Dam Projects, with an anticipated post-tax net present value of A$468 million and a post-tax internal rate of return of 37.3% at a gold price of US$2,000/oz. The study showcases the projects’ robust economics, significant job creation with over 1,300 jobs, and improved environmental measures, including a low strip ratio and a reduced surface disturbance plan. The company emphasizes capital efficiency with a modest initial capital, a stable annual gold production of 74k oz over 11 years, and a quick ramp-up to commercial production leveraging existing infrastructure.
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