Our History
The Company was incorporated and listed in1969 as Endeavour Oil. From the time of its incorporation, activities were predominantly focused on mineral exploration and production from assets located in Western Australia. More recently, and until the acquisition of the Leonora and Southern Cross assets in March 2005, the operations were focused on gold operations at the former Meekatharra operations in Western Australia.
Following a change in management in July 2004, the strategy has been to re-focus towards being an Australian based gold producer and explorer for gold, nickel and copper. As part of implementing this strategy the Company divested its 54.8 per cent. shareholding in NuStar Mining Corporation Limited, as well as a 5 percent royalty held over NuStar’s Paulsens gold deposits.
In March 2005, the Company acquired the Southern Cross, Leonora and South Laverton gold assets from Sons of Gwalia Limited (Administrators Appointed). In October 2005 the Company sold its South Laverton and Meekatharra assets and focused on growing its Southern Cross and planned Leonora operations. The Company also remains committed to pursuing additional growth through acquisitions, joint venture arrangements and exploration.
In January 2007, St Barbara relocated its corporate office to Melbourne, but continues to maintain an office in Perth to service its Western Australia operations.
St Barbara's Gwalia gold mine at Leonora was successfully commisioned in October 2008.
In July 2009, the Company released details of its Strategic Review and Three Year Plan. A key outcome is a stronger emphasis on lower cost, higher margin gold production. As a consequence, open pit operations has ceased at both sites.
Map of Operations
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