St Barbara in the PNG tent as $206m Simberi decision looms

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 11-Jan-21

The mine life of St Barbara’s Simberi gold project in Papua New Guinea would be extended by about 11 years if a proposed $206m expansion proceeds. The gold miner’s board is slated to make a decision on the expansion in March, and CEO Craig Jetson is optimistic that the PNG government will approve the expansion. It would require changes to the mining permit for the Simberi project, at a time when the PNG government has been increasingly hostile toward foreign mining companies.

CORPORATES
ST BARBARA LIMITED – ASX SBM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s