PRECIOUS METALS

Gwalia keeps on trucking

Notwithstanding the gloss taken off leading Australian gold stocks of late, St Barbara has been one of the standout equity stories of the past two years. Less prominent has been the change at its flagship Gwalia mine in Western Australia, a real below-the-radar success that's about to enter an important new phase.

Underground ore pass at Gwalia in Western Australia

Underground ore pass at Gwalia in Western Australia

Gwalia is deep – not necessarily by the standards of South Africa and Canada’s shaft mines, but as a truck-haulage mine it is probably peerless. Yet as St Barbara chief Bob Vassie highlighted in the...

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