Profile
St Barbara is one of Australia’s largest ASX listed gold producers and explorers. St Barbara's key assets include its Leonora and Southern Cross Operations, both of which are located in Western Australia. It has Mineral Resources of 7.6 million ounces of gold including Ore Reserves of 2.8 million ounces of gold as at 30 June 2011, as well as an extensive landholding comprising granted tenements and tenement applications of over 5,000 square kilometres.
The Leonora Operations comprise the Gwalia 1.2 Mtpa processing plant and the Gwalia Underground mine and the King of the Hills mine, as well as nearby development opportunities. St Barbara's Gwalia gold mine was successfully commissioned in October 2008, with production expected to exceed 175,000 ounces in financial year 2012. Gwalia is the cornerstone asset for St Barbara with an indicative mine life exceeding nine years and high grade mineralisation below the current reserves. King of the Hills commenced production in June 2011 and is expected to produce 55,000 to 60,000 ounces over its remaining life of at least 4 years.
The Southern Cross Operations comprise the Marvel Loch 2.2 Mtpa processing facility, the Marvel Loch Underground mine and a number of development opportunities. The Southern Cross Operations have produced a minimum of 120,000 ounces for each of the last four years.
Currently the two gold operations produce in aggregate over 250,000 ounces of gold per annum.
The Company is listed on the Australian Stock Exchange (ticker symbol SBM).
In addition to the two Western Australian gold producing operations, the corporate office is based in Melbourne, Victoria, with an operations support team based in Perth.
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