EXPLORATION & DEVELOPMENT

Bigger budget for Gwalia depths

TURNAROUND gold mining story St Barbara has upped the exploration spend at its boom Gwalia operation as it seeks answers on how best to exploit the gold mineralisation found at depths of about 2000m and deeper.

Michael Quinn
Bigger budget for Gwalia depths

The company’s overall exploration budget has been upped from $A10 million to $15 million, with 70% of the total going to Australia and the balance to the Pacific – versus the previous mix of 55%:45% respectively....

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