St Barbara sees record gold production

Company News

by Rachael Jones

Gold company St Barbara (ASX:SBM) has seen record gold production for the financial year 2018.

Production was up 6 per cent on last year and exceeded 400,000 ounces in a year for the first time.

Major contributors to the record result include incremental improvements in mining and fixed plant operations and higher grades mined near the sulphide/oxide boundary. Total cash at bank and term deposits was $344 million.

Shares in St Barbara (ASX:SBM) up 3.97 per cent to $4.97.
 

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