Interim report
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Quarterly Report Q4 June FY21 ( 3 months to 30 June 2021 ) Highlights Q4 June FY211 • Group gold production steady at 82,698 ounces • All - In Sustaining Cost ( AISC ) 2 % lower at A $ 1,623 per ounce • Full year gold production of 327,662 ounces and AISC of A $ 1,616 per ounce • Operational cash flow of A $ 100 million St Barbara • FY22 guidance - Group gold production 305,000 - 355,000 ounces - AISC A $ 1,710 - A $ 1,860 per ounce • Total cash at bank on 30 June 2021 up 45 % to A $ 133 million after A $ 21 million repayment of debt Overview The June quarter saw significant improvements in operating performance with record mill throughput rates at Atlantic , whilst Gwalia had its highest quarter of mill throughput for almost 5 years . In addition , ore mined at Gwalia was up 16 % on the prior quarter , despite the challenges of a change in mining contractor . Gold production for the quarter remained steady at 82,698 ounces despite Simberi being shut down for almost half the quarter . Mining at Simberi has been granted conditional approval to recommence and will ramp up over the weeks ahead . The processing facility is expected to be brought back into production by the end of Q2 Dec FY22 . All - In Sustaining Costs for the June quarter were -2 % lower at A $ 1,623 per ounce compared to the prior quarter , largely due to increased gold production at Atlantic . " All our operations rose to the challenge posed by the second year of the global COVID - 19 pandemic and a difficult operating environment with rolling border closures causing additional challenges ” said Mr Craig Jetson , Managing Director and CEO . In June St Barbara released the Leonora Province Plan adding 1.4 million ounces to the existing 5.0 million ounces of gold in Mineral Resources . The three - stage strategy of growing sustainable production at lower cost profile to deliver superior returns to shareholders remains on track . In early July St Barbara acquired a 19.8 % equity position in Kin Minerals² which has 1.2 million ounces of gold resources near St Barbara's Leonora operations and has exploration upside potential . Total cash at bank on 30 June 2021 was A $ 133 million ( 31 March 2021 : A $ 92 million ) , after the repayment of debt of A $ 21 million during the quarter . Total debt owing under the Company's syndicated facility on 30 June 2021 was A $ 82 million ( 31 March 2021 : A $ 102 million ) . Production Summary Q4 Jun FY20 Q1 Sep FY21 Q2 Dec FY21 Q3 Mar Q4 Jun Year FY21 FY21 FY21 Group TRIFR³ 3.0 3.1 3.3 3.7 3.9 3.9 Gold Production koz 109 73 90 82 83 328 All - In Sustaining Cost A $ / oz 1,301 1,711 1,517 1,649 1,623 1,616 Gold Sold koz 104 66 99 71 96 333 Realised Gold Price A $ / oz 2,412 2,171 2,126 2,247 2,336 2,221 1 This report uses certain Non - IFRS measures as set out on the last page of this report . Unless otherwise noted , information in this report that relates to Mineral Resources or Ore Reserves is extracted from the report titled ' Ore Reserves and Mineral Resources Statements 30 June 2020 ' released to the ASX on 24 August 2020. This report has not been audited . 2 Refer to ASX release dated 14 July 2021 ' Holding in Kin Mining NL ( KIN ) ' 3 Total Recordable Injury Frequency Rate rolling 12 month average Page 1 of 19