Positive performance from Simberi

THERE was continued positive performance from St Barbara’s Simberi gold mine in Papua New Guinea, with the operation producing 53,486 ounces of gold, the company reported in its half-year ending December 2016.
Positive performance from Simberi Positive performance from Simberi Positive performance from Simberi Positive performance from Simberi Positive performance from Simberi

Staff Reporter

In the comparative period of 2015, it produced 57,918oz at slightly lower all-in sustaining costs at the mine in New Ireland Province.
 
Cash flow from this amounted to $24,551,000 compared to 2015's $16,545,000.
 
Total sales revenue from Simberi was $A92,397,000 (2015: $89,222,000) in the period from gold sales of 55,020oz (2015: 55,445oz) at an average achieved gold price of $A1673/oz (2015: 1605/oz).
 
 

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