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.


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