St Barbara Approves Final Investment Decision for Canada Operation Restart

MT Newswires Live

Apr 24

St Barbara (ASX:SBM) approved the final investment decision to proceed with the Touquoy operation restart after receiving approval of amendments to the Industrial Approval permit conditions received from the Nova Scotia Department of Environment and Climate Change, according to a Friday Australian bourse filing.

The firm's units signed two major contracts with Alva Construction and MacGregor's Industrial to provide support services for the reopening and processing period of the Touquoy operation.

It anticipates that Touquoy will be in a position to restart ore processing by the end of the year.

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