Tag: St Barbara

St Barbara has appointed Macmahon Holdings as the underground mining contractor at the Gwalia mine at Leonora in WA. The initial contract term is five years, with an option for St Barbara to extend for a further three-year period. According to St Barbara Managing Director and CEO Craig Jetson, the appointment of Macmahon brings an opportunity to enhance the performance of the Gwalia mine. “This change is indicative of St Barbara’s determination to enliven Gwalia’s future, to safely and sustainably rebuild operational performance and to secure future investment by delivering predictable and strong financial returns,” he said. “We would like to thank Byrnecut for their service over the past seven years and look forward to an orderly and effective transition....

St Barbara production dips AUSTRALIAN gold miner St Barbara has lowered its production target to 370,000-400,000oz for the financial year ending June 2020, from 380,000-420,000oz for the period previously. Gold production for the Australian-listed miner slipped to 94,000oz in the quarter period ended December 2019, from 112,000oz in the corresponding October to December 2018 period. All-in sustaining cash costs for St Barbara rose to $1364/oz in the December 2019-ended quarter, compared with $1053/oz in the December 2018-ended quarter. The miner is forecasting its all-in cash costs for gold production for the 2020 financial year will range from $1330/oz to $1420/oz, compared with its previous forecast of $1240/oz to $1330/oz. At the company’s flagship Gwalia mine at Leonora in WA, gold...

A 793C haul truck rumbling down Hannan Street in Kalgoorlie-Boulder provided a fitting, awe-inspiring finale to the 20th annual St Barbara’s parade. The annual event draws in big crowds each year to honour the patron saint of mining, St Barbara, as well as the mining sector as a whole. The Gold Industry Group (GIG) brought West Coast Fever netball stars to the parade, alongside other GIG members Northern Star Resources, Gold Fields, SMS Mining Services, Saracen Mineral Holdings, Norton Gold Fields and Evolution Mining. KCGM displayed a NAIDOC-themed haul truck, with truck tray artwork commissioned by local indigenous artist Jason Dimer and his family earlier this year. Other entries included a 992K loader, force water cart and a newly-purchased Mining...