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St Barbara Sells Simberi Gold Project to Lingbao Group for $453 Million
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St Barbara Sells Simberi Gold Project to Lingbao Group for $453 Million

By rawfin.tv Markets Desk||1 min read|AI-assisted · Methodology

Australian miner St Barbara has agreed to sell its New Simberi Gold Project to China's Lingbao Group for $453 million. The deal is expected to unlock significant value for St Barbara through royalties and potential dividends, allowing the company to shift its strategic focus.

M&AGold MiningAustraliaChinaCommodities

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