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.