Mining finance and investments

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St Barbara Ltd says that results of the current testwork program have allowed the early selection of the Saleable Concentrate Flowsheet option for the Simberi Sulphides Expansion, three months ahead of schedule. The expansion project has the potential to extend the life of mine by at least 10 years. The Simberi Operations consist of an open pit gold mine and processing plant on the northernmost island in the Tabar group of islands in the province of New Ireland in Papua New Guinea.

Wayne
The testwork program has also confirmed that the Sorowar ore has significantly lower competency than previous test results, reducing the average life of mine (LOM)...