St Barbara to sell New Simberi gold project interest for $453 million
St Barbara (ASX:SBM) signed a binding agreement to sell its remaining interest in the New Simberi gold project in Papua New Guinea to Lingbao Gold Group. The deal is valued at $453 million and will transfer St Barbara’s remaining ownership in Tabar Islands Holdi…
St Barbara ASX:SBM has entered into a binding $453 million agreement to sell its remaining interest in the New Simberi gold project in Papua New Guinea to Chinese state-owned mining company Lingbao Gold Group. Under the deal, Lingbao will acquire St Barbara’s remaining ownership in the Tabar Islands Holdi…