St Barbara (ASX:SBM) produced 77,125 ounces of gold in Q4 FY23 at an AISC of A$2,145 per ounce (US$1437)
The company released its unaudited production results today.
Cash contributions from operations were A$51 million: A$32 million from Leonora, A$16 million from Atlantic and A$3 million from Simberi. The sale of the Leonora Assets added A$638 million. Cash balance currently stands at $294 million.
Managing Director and CEO Andrew Strelein said “St Barbara finished the FY23 year with a strong production performance from all three operations. In the final quarter under St Barbara ownership, Leonora had a much stronger quarter, exceeding the upper end of revised guidance, following access to the higher grade stopes that could not be mined in the March quarter. The Company wishes the Leonora team all the best for a successful future with integration of the broader mines and future processing plant combinations following completion of the sale to Genesis.
