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FINWIRES

St Barbara Posts Higher Gold Production in March Quarter; Shares Down 3%

-- St Barbara (ASX:SBM) posted Simberi gold production of 13,522 ounces during the March quarter, with sales totaling 11,974 ounces at an average sale price of AU$6,892 per ounce, according to a Monday filing with the Australian bourse.

Gold production was 14,053 ounces with an all-in sustaining cost (AISC) of AU$4,169 per ounce in the March 2025 quarter, an earlier filing showed.

The company expects gold production to range from 14,000 to 17,000 ounces for the New Simberi gold project in the June quarter, with its 40% attributable share of gold production anticipated to be between 5,600 and 6,800 ounces, with a corresponding AISC ranging from AU$4,100 to AU$4,500 per ounce, per the filing.

Shares fell 3% in morning trade on Monday.

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