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St Barbara sells down stake in $452m gold miner Catalyst Metals

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The $452 million WA gold miner Catalyst Metals has bid farewell to its largest shareholder, St Barbara Limited, after its shares rallied 286 per cent over six months.

St Barbara and Catalyst signed a joint venture to develop the Drummartin gold project in Victoria in 2019. Jim Rice

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/st-barbara-sells-down-stake-in-452m-gold-miner-catalyst-metals-20240816-p5k307