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The latest announcement is out from St. Barbara Ltd. ( (AU:SBM) ).
St. Barbara Limited has clarified details regarding the potential expansion of its 15-Mile processing facility, which is currently under study. While the proposed increase would elevate the plant’s capacity from 2.1Mtpa to 3.0Mtpa, the company emphasizes that this should not be interpreted as a production target. Furthermore, aspirations for supporting annual gold production of 100koz per annum are preliminary and should not guide investment decisions. An updated pre-feasibility study is anticipated in Q3 FY26.
More about St. Barbara Ltd.
St. Barbara Limited is a company in the mining industry, primarily involved in gold production and exploration.
YTD Price Performance: 63.00%
Average Trading Volume: 11,395
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $174.9M
For an in-depth examination of SBM stock, go to TipRanks’ Stock Analysis page.
