News Bureau

 
May 15, 2019

Q3 FY19 production over 88K oz at St Barbara

St Barbara attained consolidated gold production for the quarter ended 31 March 2019 (Q3 FY19) was 88,358 ounces remained lower to the previous, Q2 FY19 of 89,244 ounces. Consolidated All-In Sustaining Cost (AISC) for Q3 March FY19 was A$1,098 per ounce to Q2 FY19: A$1,108 per ounce). The average realised gold price for Q3 FY19 was A$1,810 per ounce is higher over Q2 FY19 of A$1,722 per ounce).

Gwalia, situated at Western Australia, gold production for Q3 FY19 was 54,261 ounces surpassed Q2 FY19 of 53,257 ounces at AISC of A$1,016 per ounce & Q2 FY19 had earned A$1,081 per ounce. Mined grade for Q3 FY19 was 11.7 g/t Au remained good over Q2 Dec FY19: 10.4 g/t Au, with 150 kt ore milled while Q2 FY19 had milled 172 kt.

Simberi (PNG) gold production for Q3 FY19 was 34,097 ounces fall short to Q2 FY19: 35,987 ounces at AISC of A$1,229 per ounce soars over Q2 FY19 of A$1,146 per ounce.

Guidance for FY19 is Forecast, Gwalia gold production of between 235,000 and 240,000 ounces at an AISC of between A$980 and A$1,000 per ounce, with sustaining capex of between A$45 and A$50 million, plus growth capex of between A$60 to A$65 million.

Forecast for Simberi gold production is of between 130,000 and 135,000 ounces at an AISC of A$1,245 to A$1,300 per ounce4F3 with sustaining capex of between A$9 and A$10 million.