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St Barbara Provides Quarterly Report Q4 June 2017

26 Jul 2017  |  10:00:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Quarterly Report Q4 June 2017

St Barbara provided quarterly report Q4 June 2017. Total cash at bank at 30 June 2017 was A$1611m (31 March 2017: A$99m). In addition, there was 5,327oz of gold inventory on hand at 30 June 2017 (31 March 2017: 9,997oz). The Company generated record operational cash contribution for FY2017 of A$323m (FY16 A$277m). The Company-wide Total Recordable Injury Frequency Rate (TRIFR), calculated as a rolling 12-month average, improved to a new record low of 1.2 to 30 June 2017. Consolidated gold production for FY2017 was 381,101oz with gold production for the June quarter of 94,226oz (Q3 Mar: 95,346oz). Gwalia gold production for FY2017 was 265,057oz (FY16: 267,166oz). The FY2018 exploration program will largely focus on potential near-mine ore sources around Gwalia and within the Mine Lease.

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