St Barbara Commences Touquoy Ore Processing, FY27 Guidance Released
Key points
- Ore processing at Touquoy Restart Project commenced successfully on 3 November 2026
- Expected full production by end of December 2026
- FY27 gold production guidance: 17,000-21,000 ounces at A$2,070-2,560 per ounce
- Growth capital expenditure: A$40-50 million
- Touquoy reclamation costs: A$24-30 million
Full summary
St Barbara Limited (ASX: SBM) has successfully commenced ore processing at the Touquoy Restart Project on 3 November 2026, marking a significant milestone for the company and the Province of Nova Scotia. The processing of the remaining low and medium-grade stockpile material is expected to ramp up to full capacity by the end of December 2026, with the first production of gold doré anticipated in January 2027. The company has also provided guidance for FY27, including gold production of between 17,000 and 21,000 ounces at All-in Sustaining Costs of between A$2,070 and A$2,560 per ounce. Growth capital expenditure is anticipated to be between A$40 and A$50 million, with Touquoy reclamation costs expected to be between A$24 and A$30 million. Exploration expenditure for FY27 is anticipated to be between A$6 and A$7 million.
Guidance
FY27 gold production: 17,000-21,000 ounces, All-in Sustaining Costs: A$2,070-2,560/ounce
Outlook
St Barbara expects to ramp up Touquoy ore processing to full capacity by end-December 2026, with first gold production in January 2027. The company also provided FY27 guidance for production, capital expenditure, reclamation costs, and exploration expenditure.
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