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St Barbara Limited (ASX:SBM)

ALERT: Price-sensitive ASX Announcement for SBM
Current share price for SBM : $0.770 0.015 (1.99%)+
Announcement
Release
20 Feb 2026 8:20AM
Price at Release
$0.755
Full Release
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Summary
St Barbara Limited released its Mineral Resources and Ore Reserves Statement as of 31 December 2025, reporting an increase in total Group Mineral Resources for gold to 7.9 million ounces, up from 6.9 million ounces the previous year. The Group Ore Reserves for gold decreased slightly to 3.8 million ounces. The Simberi Operations in Papua New Guinea showed a 0.9 million ounce increase in Mineral Resources for gold and a decrease of 0.2 million ounces in Ore Reserves due to updated feasibility studies and economic assumptions. The Simberi Operations also reported inaugural Mineral Resources and Ore Reserves for silver at 15.3 million ounces and 4.5 million ounces, respectively. In the Atlantic Operations, Mineral Resources remained stable, while Ore Reserves decreased by 0.1 million ounces. These changes were influenced by feasibility studies and revisions in economic assumptions. The governance and compliance with the JORC Code 2012 Edition were emphasized in the estimation process.
Key Points
  • Total Mineral Resources for gold increased to 7.9 Moz.
  • Total Ore Reserves for gold decreased to 3.8 Moz.
  • Simberi Operations saw a 0.9 Moz increase in gold Mineral Resources.
  • Simberi Operations reported 15.3 Moz in silver Mineral Resources.
  • Atlantic Operations' gold Mineral Resources remained stable at 2.1 Moz.
  • Governance and compliance with JORC Code 2012 were ensured.
  • Feasibility studies influenced changes in reserves and resources.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.