Gwalia revised gold production!
Eye over 175K Oz in FY 21 St Barbara Ltd advises that a recent fall of ground at the Company’s Gwalia mine at Leonora in Western Australia temporarily interrupted production. This will impact the Q1 September FY21 result, but the shortfall is anticipated to be recovered in Q2 December FY21. It is estimated that approximately 8,000 ounces slated for production in Q1 FY21 will now be delivered as part of Q2 FY21 production. Full year production guidance for FY21 for Gwalia is maintained at between 175,000 to 190,000 ounces. The fall of ground occurred at the Gwalia underground mine on 8 September 2020, after a large firing triggered a number of seismic events. The event was reported to the appropriate authorities and all work at depth was suspended pending assessment of the seismic information. The geotechnical risk is well understood and closely monitored. Further commentary on operations will be provided in the Q1 September FY21 quarterly report scheduled to be released on 21