Our History
The Company was incorporated and listed in1969 as Endeavour Oil. From the time of its incorporation, activities were predominantly focussed 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.
In July 2004, a general meeting of the Company was requisitioned for the purpose of asking shareholders to consider resolutions including the removal of the then incumbent Executive Chairman of the Issuer and the appointment of Mr Colin Wise and Mr Eduard Eshuys as Directors. Shareholders duly passed the abovementioned resolutions at the general meeting.
As a consequence of these appointments, management’s 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 focussed 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.
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