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St Barbara (ASX:SBM) approves pre-investment in Simberi SubscribeBe the first with the news that moves the market St Barbara’s (SBM) Board has approved pre-investment work at the company’s Simberi operations in Papua New Guinea Approval was given after the company’s Simberi sulphide feasibility study highlighted a robust project with strong financial returns Approximately A$16.6 million in pre-investment will fund a mining ramp-up, drilling to increase ore body knowledge and studies to de-risk the project The company aims to make a final investment decision about its Simberi operations in March of next year St Barbara is down 1.22 per cent and trading at $2.02 per share ....