EXPLORATION & DEVELOPMENT

St Barbara slumps on project updates

SHARES in St Barbara have fallen below A$1 for the first time since 2015 after the company deferred its Simberi sulphide expansion in Papua New Guinea and warned of permitting delays at its Atlantic operations in Nova Scotia.

St Barbara's Simberi operation in PNG

St Barbara's Simberi operation in PNG

St Barbara was previously set to make a final investment decision for the US$170 million Simberi expansion in April but delayed it indefinitely while it awaited the grant of the environmental permit. ...

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