Canada impairs St Barbara

ST BARBARA Mines expects to write down the value of its Atlantic operations in Canada by A$250-300 million, with the non-cash impairment said to largely relate to the delay in starting satellite mining operations due to permitting issues.

Canada impairs St Barbara Canada impairs St Barbara Canada impairs St Barbara Canada impairs St Barbara Canada impairs St Barbara

Production from Beaver Creek has been pushed back from quarter two 2023 to the first half of 2024, while at Fifteen Mile Stream first expected output has been pushed out from from the fourth quarter