St Barbara Limited is an Australian-based,
Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
-listed (ASX)
gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ...
producer and explorer.
History
The company was incorporated and listed in 1969 as Endeavour Oil and initially focused on
mineral exploration and production from assets located in Western Australia. In 2005, the company acquired the Southern Cross, Leonora and South Laverton gold assets from
Sons of Gwalia
Sons of Gwalia was a Western Australian mining company that mined gold, tantalum, spodumene, lithium and tin. It was Australia's third-largest gold producer and also controlled more than half the world's production of tantalum,[Gwalia Gold Mine
The Gwalia Gold Mine is located at Gwalia, a few kilometres south of Leonora, Western Australia. It was originally established by Welsh miners in the late 19th century and Herbert Hoover, the later President of the United States, served as th ...]
at
Leonora was commissioned in October 2008.
In 2012, St Barbara acquired
Allied Gold Mining Plc and its gold operations at
Simberi in Papua New Guinea and Gold Ridge in the
Solomon Islands
Solomon Islands is an island country consisting of six major islands and over 900 smaller islands in Oceania, to the east of Papua New Guinea and north-west of Vanuatu. It has a land area of , and a population of approx. 700,000. Its capita ...
. Operations at Gold Ridge in the Solomon Islands were suspended in April 2014 due to torrential rainfall and ensuing flooding. The Gold Ridge Project was sold to a Solomon Islands company associated with local landowners in May 2015.
[
In May 2019, St Barbara bought Canadian Atlantic Gold Corp for Can$722 million ($536 million), adding a mine in Canada.]
Operations
St Barbara's mines include the Gwalia Gold Mine
The Gwalia Gold Mine is located at Gwalia, a few kilometres south of Leonora, Western Australia. It was originally established by Welsh miners in the late 19th century and Herbert Hoover, the later President of the United States, served as th ...
in Leonora, Western Australia, and the Simberi open-pit gold mine in Papua New Guinea
Papua New Guinea (abbreviated PNG; , ; tpi, Papua Niugini; ho, Papua Niu Gini), officially the Independent State of Papua New Guinea ( tpi, Independen Stet bilong Papua Niugini; ho, Independen Stet bilong Papua Niu Gini), is a country i ...
.
See also
*Gold mining in Western Australia
Gold mining in Western Australia is the third largest commodity sector in Western Australia (WA), behind iron ore and petroleum, with a value of A$11.9 billion.
Gold mining in Western Australia dates back to the 1880s but became a significant ...
*Open-pit mining
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow.
This form of mining ...
*Underground mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...
References
External links
St Barbara Ltd company profile
at Bloomberg
*
{{S&P/ASX 200
Gold mining companies of Australia
Companies listed on the Australian Securities Exchange
Gold mining in Western Australia
Companies based in Western Australia
1969 establishments in Australia