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St Barbara Minerals released their December quarterly report this week, with disappointing results. Consolidated gold production was down from 63,700oz in the September quarter to 60,976oz. The Leonora operations saw a reduction of gold production from 34,078oz last quarter to 32,175oz. The December quarter from the year before produced 16,462oz more gold than this quarter. …
What you missed in the news this week
Hancock Energy has increased its offer to buy Warrego Energy from $0.28 cash per share to $0.36 cash per share, totalling $447m if the offer is approved. Three of the Four Warrego directors have recommended shareholders accept the deal over an offer made by Strike Energy, offering one Strike share for every Warrego share. …
