St Barbara is focused on strong margin gold operations in Canada and Papua New Guinea.
We acquired our Atlantic Operations Nova Scotia, Canada in July 2019. Open cut mining of the current open pit at Touquoy commenced in 2017, with commercial production commencing in March 2018. In early February 2023, Atlantic completed in-pit mining at Touquoy and is now exclusively processing stockpiles at the Touquoy processing plant.
Our Simberi Operations in Papua New Guinea is an open cut mine, and has been part of our portfolio since 2012. The 2022 Strategic review at Simberi provided confidence that oxide life can be extended through FY25 and potentially into FY26 and confirmed the potential for the Sulphide project to extend the life of mine by at least 10 years.