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St. Barbara Ltd. ( (AU:SBM) ) has provided an announcement.
St. Barbara Limited has announced potential expansion of its 15-Mile processing facility in Nova Scotia, Canada, from 2.1 Mtpa to 3.0 Mtpa, which could support annual gold production of 100,000 ounces or more. This development involves incorporating ore from the Cochrane Hill project using a quarry-style configuration, which promises lower environmental impact and cost efficiency. The company aims to complete an integrated pre-feasibility study by Q3 FY26, reflecting its strategic focus on optimizing project design for enhanced economic and environmental outcomes.
More about St. Barbara Ltd.
St. Barbara Limited is a company in the mining industry, focusing on gold production. Its primary operations include the exploration, development, and processing of gold projects, with a market focus on enhancing economic value while minimizing environmental impacts.
YTD Price Performance: 15.38%
Average Trading Volume: 11,381
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $176.6M
See more data about SBM stock on TipRanks’ Stock Analysis page.
