St Barbara Limited

Published : December 16th, 2014

Gold Ridge Community Alert – Tailings Storage Facility

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Keywords :   Gold | Solomon Islands | Storage | Water |

Gold Ridge Community Alert – Tailings Storage Facility

Media Release / 17 December 2014


Gold Ridge Mining Limited has placed the following notice in Solomon Islands newspapers today:

Gold Ridge Community Alert - Tailings Storage Facility

Gold Ridge Mining Limited (GRML) advises that the Gold Ridge tailings storage facility could overflow during the current wet season and this could affect local communities.
The water in the facility is already too high for this time of year.
GRML wants to lower the water level to prevent the facility from overflowing in an uncontrolled and unpredictable way but the Government has not yet given GRML approval to do this, despite GRML's engagement with the Government over a number of months and repeated requests for approval.
The water treatment plant was destroyed by vandals for the second time in August so the only way to lower the water level in time to stop an overflow is to discharge untreated water.
Recent independent tests show that the water GRML intends to discharge meets international aquaculture safety guidelines and is safe to release into the Tinahulu River without treatment.
Although it is not possible to predict when the storage facility will overflow and what the impact would be, we have provided a map below to show some of the possible affected areas for your information.
To make sure you are well prepared in case the tailings storage facility does overflow, we encourage you to seek further information from the police or your local community leader.

Gold Ridge Mining Limited

Gold Ridge Mine, Guadalcanal, Solomon Islands

T +61 3 8660 1900 F +61 3 8660 1999

GTR B974255

PO Box 1556, Honiara, Solomon Islands

W www.stbarbara.com.au

Media Release / 17 December 2014


Gold Ridge Mining Limited has placed the following notice in Solomon Islands newspapers today:

Impotan toksave for oketa lo komiuniti blo GRML - tailing dam

Gold Ridge Mining Limited (GRML) laekem talem dat Gold Ridge tailings storage facility (tailing dam) bae save ovaful and wata kam aot long disfala reni time. Diswan bae save kasem oketa ples and hom blo iufala.
Wata wea insaet lo dam mak blo hem hae finis nao lo dis yia.
GRML hem laek daonim disfala wata mak mekem wata hem no kam aot lo ontop blo dam ia bata GRML hem no garem nao approval blo Gavman for duim yet. Kabani hem bin askem diswan lo Gavman fo samtaem finis.
Wata tritmen plant oketa kriminal been spoelem fo mek tu taem moa lo August. Diswan hem minim onli we fo daonim mak blo wata fo hem no ovaflo hem fo aotem wata wea iumi no tritim.
Oketa test wea samfala nara pipol bin duim hem talem dat wata lo dam ia kasem finis mak fo sefti blo oketa smol fis, ura olsem fo laef an hem sef fo aotim lo Tinahulu Riva.
Nomata iumi no save talem wat taem bae dam hem ovaflo an wanem bae diswan hem duim, mifala lo GRML mekem kam wanfal map wea u save lukim wea na oketa eria wea wata mait kasem.
Mek sure ufala pripea in kes nomoa tailing dam hem ovaflo, go lukim oketa komuniti lida and
Polis fo eni moa toktok lo diswan.

Gold Ridge Mining Limited Media Release

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Solomon Islands | All
Gold and Silver Prices for these countries : Solomon Islands | All

St Barbara Limited

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CODE : SBM.AX
ISIN : AU000000SBM8
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St Barbara is a gold producing company based in Australia.

St Barbara holds various exploration projects in Australia.

Its main assets in production are SOUTHERN CROSS - MARVEL LOCH, GWALIA DEEPS (SONS OF GWALIA), SOUTHERN CROSS - YILGARN STAR, SOUTHERN CROSS - OTHER, SOUTHERN CROSS - TOTAL AREA, SOUTHERN CROSS - HERCULES, CORINTHIA MINE and MEEKATHARRA MINE in Australia, its main asset in development is LEONORA - TARMOOLA in Australia and its main exploration properties are SOUTHERN CROSS - NEVORIA, LEONORA - TOWER HILL, SOUTHERN CROSS - TRANSVAAL, SOUTHERN CROSS - JACCOLETTI, LEONORA - OTHER, GWALIA INT & WEST LODE, MARVEL LOCH, SOUTHERN CROSS - BULLFINCH and WALLAL in Australia.

St Barbara is listed in Australia. Its market capitalisation is AU$ 131.8 millions as of today (US$ 85.6 millions, € 80.0 millions).

Its stock quote reached its lowest recent point on December 05, 2014 at AU$ 0.07, and its highest recent level on February 22, 2019 at AU$ 5.32.

St Barbara has 497 329 984 shares outstanding.

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