Gold miner St Barbara Limited
(ASX:SBM) has managed a record production at its Gwalia and Simberi mines, with a company total of 377,387 ounces for the year.
The company says Gwalia exceeded its full year production target to 248,142 ounces for the year.
While Simberi also exceeded the 100,000 ounce per annum target run rate and saw another cash flow positive quarter.
The company’s King of the Hills mine ceased mining in April but stockpiles continued to be processed.
St Barbara reported a net loss of 19.8 million in the first half of the 2014 financial year.
