St Barbara to Sell New Simberi Gold Project to China’s Lingbao Group
· smallcaps.com.au
St Barbara to sell New Simberi to Lingbao for $453m; unlocks value via royalties, plus potential dividend; focus shifts to Touquoy, Nova Scotia.
St Barbara (ASX: SBM) has signed a $453 million binding agreement to sell its remaining interest in the New Simberi gold project in Papua New Guinea to Chinese ...