ST BARBARA LIMITED — Major Shareholding Notification 2020

Sep 29, 2020

Form 604 Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	St Barbara Limited
ACN/ARSN		009 165 066
1.Details of substantial holder (1)Name		Van Eck Associates Corporation (and its associates referred to in paragraph 6).
ACN/ARSN (if applicable)	N/A
There was a change in the interests of thesubstantial holder on		25/09/2020
The previous notice was given to the company on		22/04/2020
The previous notice was dated		21/04/2020

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

	Previous notice		Present notice
Class of securities (4)	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares	69,638,836	9.90%	76,785,106	10.91%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
	Van Eck AssociatesCorporation (VEAC)	See Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered	Person entitled	Nature of	Class and	Person's votes
relevant	holder of	to be registered	relevant	number of
interest	securities	as holder (8)	interest (6)	securities
VEAC	Bank of New YorkMellon as custodianfor VanEck VectorsGold Miners ETF	VanEck Vectors GoldMiners ETF (GDX)	VEAC holds its relevantinterest by having thepower to exercise, controlthe exercise of, orinfluence the exercise of,the voting powers ordisposal of the securitiesto which the relevantinterest relates in theordinary course ofinvestment managementbusiness.	Ordinary shares39,984,916	5.68%

VEAC	Bank of New YorkMellon as custodianfor VanEck VectorsJunior Gold MinersETF	VanEck VectorsJunior Gold MinersETF (GDXJ)	Same as above.	Ordinary shares31,869,588	4.53%
VEAC	State Street Bank ascustodian for VanEckVectors MSCIAustralian SustainableEquity ETF	VanEck VectorsMSCI `AustralianSustainable EquityETF (GRNVAU)	Same as above.	Ordinary shares80,046	0.01%
VEAC	Bank of New YorkMellon as custodianfor VanEck VectorsAustralian ResourcesETF	VanEck VectorsAustralian ResourcesETF (MVR.AU)	Same as above.	Ordinary shares519,930	0.07%
VEAC	Bank of New YorkMellon as custodianfor VanEck VectorsSmall Cap DividendPayers ETF	VanEck VectorsSmall Cap DividendPayers ETF(MVS.AU)	Same as above.	Ordinary shares575,412	0.08%
VEAC	Bank of New YorkMellon ascustodian for VanEckVectors Global MiningUCITS ETF	VacEck VectorsGlobal Mining UCITSETF (UCTGDIG)	Same as above.	Ordinary shares12,335	0.00%
VEAC	Bank of New YorkMellon as custodianfor VanEck VectorsGold Miners UCITSETF	VanEck Vectors GoldMiners UCITS ETF(UCTGDX)	Same as above.	Ordinary shares1,863,470	0.26%
VEAC	Bank of New YorkMellon as custodianfor VanEck VectorsJunior Gold MinersUCITS ETF	VanEck VectorsJunior Gold MinersUCITS ETF(UCTGDXJ)	Same as above.	Ordinary shares1,879,409	0.27%

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
VEAC	666 Third Avenue, New York, NY 10017
Van Eck Securities Corporation	666 Third Avenue, New York, NY 10017
Van Eck Absolute Return Advisers, Inc.	666 Third Avenue, New York, NY 10017
VanEck Australia Pty Ltd	Level 4 Aurora Place, 88 Phillip Street, Sydney NSW 2000
VanEck Investments Limited	Level 4 Aurora Place, 88 Phillip Street, Sydney NSW 2000

Signature

print name	Andrew Tilzer	capacity	AVP
sign here		date	29/09/2020

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.
• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• (6) Include details of:
  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown'".
• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
GDX	04/22/2020 B		-	In-Kind	132,630
GDX	04/23/2020 B		-	In-Kind	238,734
GDX	04/24/2020 B		-	In-Kind	221,050
GDX	04/29/2020 B		-	In-Kind	375,785
GDX	05/01/2020 B		-	In-Kind	8,844
GDX	05/04/2020 B		-	In-Kind	221,100
GDX	05/06/2020 B		-	In-Kind	238,788
GDX	05/11/2020 B		-	In-Kind	221,050
GDX	05/14/2020 B		-	In-Kind	238,734
GDX	05/15/2020 B		-	In-Kind	132,630
GDX	05/18/2020 B		-	In-Kind	4,421
GDX	05/19/2020 B		-	In-Kind	132,630
GDX	05/20/2020 B		-	In-Kind	468,626
GDX	05/21/2020 B		-	In-Kind	8,842
GDX	05/22/2020 B		-	In-Kind	221,050
GDX	05/26/2020 B		-	In-Kind	4,421
GDX	05/27/2020 B		-	In-Kind	17,684
GDX	05/28/2020 B		-	In-Kind	247,576
GDX	05/29/2020 B		-	In-Kind	13,266
GDX	06/01/2020 B		-	In-Kind	185,766
GDX	06/10/2020 B		-	In-Kind	8,850
GDX	06/11/2020 B		-	In-Kind	243,375
GDX	06/15/2020 S		-	In-Kind	172,575
GDX	06/17/2020 S		-	In-Kind	380,722
GDX	06/19/2020 S		-	In-Kind	13,278
GDX	06/19/2020 B		265,592.44	-	87,883
GDX	06/22/2020 S		-	In-Kind	48,763
GDX	06/23/2020 B		-	In-Kind	119,691
GDX	06/25/2020 S		-	In-Kind	13,299
GDX	06/26/2020 B		-	In-Kind	164,021
GDX	06/29/2020 B		-	In-Kind	132,990
GDX	06/30/2020 B		-	In-Kind	35,464
GDX	07/06/2020 S		-	In-Kind	31,031
GDX	07/07/2020 S		-	In-Kind	132,990
GDX	07/08/2020 S		-	In-Kind	53,196
GDX	07/09/2020 S		-	In-Kind	110,825
GDX	07/13/2020 S		-	In-Kind	31,031
GDX	07/14/2020 S		-	In-Kind	66,495
GDX	07/15/2020 S		-	In-Kind	8,866
GDX	07/20/2020 B		-	In-Kind	177,320
GDX	07/21/2020 B		-	In-Kind	4,432
GDX	07/22/2020 S		-	In-Kind	97,504
GDX	07/24/2020 S		-	In-Kind	279,216

Page 7 1 of

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
GDX	07/27/2020 S		-	In-Kind	66,480
GDX	07/28/2020 S		-	In-Kind	75,344
GDX	07/30/2020 S		-	In-Kind	4,432
GDX	08/04/2020 S		-	In-Kind	84,189
GDX	08/05/2020 B		-	In-Kind	115,206
GDX	08/10/2020 B		-	In-Kind	22,155
GDX	08/11/2020 S		-	In-Kind	84,189
GDX	08/12/2020 B		-	In-Kind	39,879
GDX	08/13/2020 S		-	In-Kind	168,378
GDX	08/17/2020 B		-	In-Kind	17,728
GDX	08/18/2020 S		-	In-Kind	79,776
GDX	08/19/2020 S		-	In-Kind	88,640
GDX	08/24/2020 S		-	In-Kind	48,763
GDX	08/25/2020 B		-	In-Kind	31,038
GDX	08/26/2020 B		-	In-Kind	279,342
GDX	08/27/2020 B		-	In-Kind	35,480
GDX	09/02/2020 S		-	In-Kind	44,360
GDX	09/04/2020 B		-	In-Kind	168,568
GDX	09/08/2020 B		-	In-Kind	319,392
GDX	09/10/2020 S		-	In-Kind	4,440
GDX	09/11/2020 S		-	In-Kind	26,646
GDX	09/16/2020 S		-	In-Kind	124,320
GDX	09/17/2020 S		-	In-Kind	102,120
GDX	09/18/2020 S		-	In-Kind	4,440
GDX	09/18/2020 B		5,045,065.93	-	1,496,005
GDX	09/21/2020 S		-	In-Kind	9,216
GDX	09/22/2020 B		-	In-Kind	32,256
GDX	09/23/2020 B		-	In-Kind	170,459
GDX	09/24/2020 B		-	In-Kind	9,214
GDX	09/25/2020 B		-	In-Kind	221,136
GDXJ	04/20/2020 S		-	In-Kind	141,430
GDXJ	04/27/2020 S		-	In-Kind	113,136
GDXJ	04/29/2020 S		-	In-Kind	565,600
GDXJ	05/06/2020 S		-	In-Kind	395,640
GDXJ	05/11/2020 S		-	In-Kind	226,096
GDXJ	05/14/2020 S		-	In-Kind	325,013
GDXJ	05/20/2020 B		-	In-Kind	197,792
GDXJ	05/21/2020 B		-	In-Kind	197,792
GDXJ	05/22/2020 B		-	In-Kind	113,024
GDXJ	05/29/2020 B		-	In-Kind	565,160
GDXJ	06/02/2020 S		-	In-Kind	56,504
GDXJ	06/10/2020 S		-	In-Kind	98,889
GDXJ	06/11/2020 B		-	In-Kind	113,000

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
GDXJ	06/15/2020 S		-	In-Kind	367,302
GDXJ	06/16/2020 B		-	In-Kind	183,612
GDXJ	06/17/2020 S		-	In-Kind	268,375
GDXJ	06/19/2020 S		138,624.72	-	45,916
GDXJ	06/23/2020 S		-	In-Kind	84,786
GDXJ	06/24/2020 S		-	In-Kind	70,650
GDXJ	06/26/2020 S		-	In-Kind	197,820
GDXJ	07/08/2020 B		-	In-Kind	28,254
GDXJ	07/08/2020 S		202,936.23	-	56,099
GDXJ	07/09/2020 B		-	In-Kind	98,651
GDXJ	07/10/2020 B		-	In-Kind	169,116
GDXJ	07/17/2020 B		-	In-Kind	112,736
GDXJ	07/21/2020 B		-	In-Kind	140,900
GDXJ	07/22/2020 B		-	In-Kind	112,728
GDXJ	07/23/2020 B		-	In-Kind	154,990
GDXJ	07/27/2020 S		-	In-Kind	42,270
GDXJ	07/28/2020 B		-	In-Kind	112,712
GDXJ	07/29/2020 S		228,295.45	-	65,087
GDXJ	08/05/2020 B		-	In-Kind	407,276
GDXJ	08/10/2020 B		-	In-Kind	140,450
GDXJ	08/12/2020 S		-	In-Kind	56,180
GDXJ	08/14/2020 S		-	In-Kind	42,153
GDXJ	08/18/2020 B		-	In-Kind	112,400
GDXJ	08/19/2020 B		-	In-Kind	28,100
GDXJ	09/02/2020 S		-	In-Kind	42,174
GDXJ	09/10/2020 S		-	In-Kind	56,272
GDXJ	09/14/2020 S		-	In-Kind	70,375
GDXJ	09/18/2020 B		2,586,838.79	-	767,071
GDXJ	09/21/2020 B		290,622.14	-	87,415
GDXJ	09/23/2020 B		-	In-Kind	43,323
MVRAU	05/08/2020 B		-	In-Kind	48,618
MVRAU	05/19/2020 B		-	In-Kind	8,103
MVRAU	05/19/2020 B		-	In-Kind	16,206
MVRAU	05/20/2020 B		-	In-Kind	16,206
MVRAU	05/25/2020 B		-	In-Kind	8,102
MVRAU	06/19/2020 S		99,092.24	-	32,812
MVRAU	06/30/2020 S		24,355.40	-	7,734
MVRAU	07/07/2020 B		-	In-Kind	7,307
MVRAU	07/22/2020 B		-	In-Kind	7,306
MVRAU	07/29/2020 B		-	In-Kind	7,305
MVRAU	08/05/2020 B		2,067.25	-	571
MVRAU	08/07/2020 B		-	In-Kind	7,317
MVRAU	08/21/2020 B		-	In-Kind	7,320

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
MVRAU	08/21/2020 B		4,132.86	-	1,219
MVRAU	08/24/2020 B		2,206.88	-	647
MVRAU	08/26/2020 B		-	In-Kind	44,094
MVRAU	08/28/2020 B		7,979.42	-	2,367
MVRAU	08/31/2020 B		-	In-Kind	29,552
MVRAU	08/31/2020 B		-	In-Kind	7,388
MVRAU	09/02/2020 B		3,970.99	-	1,144
MVRAU	09/07/2020 B		3,713.27	-	1,095
MVRAU	09/08/2020 B		-	In-Kind	14,840
MVRAU	09/18/2020 B		24,112.35	-	7,155
UCTGDX	04/24/2020 B		10,807.20	-	4,188
UCTGDX	04/29/2020 B		11,793.44	-	4,679
UCTGDX	04/29/2020 B		11,799.33	-	4,679
UCTGDX	05/07/2020 B		11,887.04	-	4,679
UCTGDX	05/12/2020 B		12,167.83	-	4,679
UCTGDX	05/14/2020 B		76,926.61	-	28,074
UCTGDX	05/15/2020 B		13,665.41	-	4,679
UCTGDX	05/19/2020 B		43,944.60	-	14,037
UCTGDX	05/20/2020 B		59,710.01	-	18,716
UCTGDX	05/29/2020 B		29,202.80	-	9,358
UCTGDX	06/01/2020 B		15,213.04	-	4,680
UCTGDX	06/01/2020 B		60,846.08	-	18,720
UCTGDX	06/10/2020 B		28,103.62	-	9,366
UCTGDX	06/15/2020 B		70,252.02	-	23,415
UCTGDX	06/16/2020 B		14,379.69	-	4,683
UCTGDX	06/19/2020 B		3,960.41	-	1,311
UCTGDX	06/22/2020 B		4,085.37	-	1,318
UCTGDX	06/22/2020 B		120,101.61	-	37,528
UCTGDX	06/23/2020 B		29,934.57	-	9,382
UCTGDX	06/24/2020 B		15,530.32	-	4,691
UCTGDX	06/24/2020 B		31,060.63	-	9,382
UCTGDX	06/25/2020 B		44,901.85	-	14,073
UCTGDX	06/25/2020 B		44,897.36	-	14,073
UCTGDX	07/06/2020 B		30,872.95	-	9,382
UCTGDX	07/07/2020 B		17,031.74	-	4,691
UCTGDX	07/08/2020 B		101,908.90	-	28,146
UCTGDX	07/08/2020 B		50,949.35	-	14,073
UCTGDX	07/13/2020 B		117,060.06	-	32,604
UCTGDX	07/21/2020 B		158,725.47	-	42,210
UCTGDX	07/21/2020 B		105,827.56	-	28,140
UCTGDX	07/24/2020 B		35,275.85	-	9,380
UCTGDX	07/27/2020 B		53,893.49	-	14,070
UCTGDX	08/04/2020 B		129,054.18	-	37,512

Page 7 4 of

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
UCTGDX	08/04/2020 B		48,400.16	-	14,067
UCTGDX	08/06/2020 B		17,024.47	-	4,689
UCTGDX	08/12/2020 B		92,559.63	-	28,128
UCTGDX	08/13/2020 B		31,134.55	-	9,376
UCTGDX	08/14/2020 B		31,697.22	-	9,376
UCTGDX	08/14/2020 B		15,848.61	-	4,688
UCTGDX	08/17/2020 B		16,133.39	-	4,689
UCTGDX	08/17/2020 B		32,266.77	-	9,378
UCTGDX	08/19/2020 B		305,643.25	-	89,091
UCTGDX	08/24/2020 B		95,956.13	-	28,134
UCTGDX	08/24/2020 B		31,985.38	-	9,378
UCTGDX	08/27/2020 B		127,388.03	-	37,024
UCTGDX	09/02/2020 B		162,879.67	-	46,930
UCTGDX	09/03/2020 B		16,147.15	-	4,693
UCTGDX	09/03/2020 B		48,441.45	-	14,079
UCTGDX	09/11/2020 B		75,629.26	-	23,485
UCTGDX	09/14/2020 B		15,694.46	-	4,698
UCTGDX	09/17/2020 B		15,597.16	-	4,697
UCTGDX	09/18/2020 B		228,551.51	-	67,772
UCTGDX	09/21/2020 B		29,412.23	-	9,395
UCTGDX	09/23/2020 B		14,819.92	-	4,874
UCTGDX	09/25/2020 B		14,335.37	-	4,875
UCTGDXJ	04/29/2020 S		2,629.04	-	1,044
UCTGDXJ	04/29/2020 S		29,863.76	-	11,859
UCTGDXJ	05/12/2020 S		92,458.30	-	35,568
UCTGDXJ	05/14/2020 B		194,951.62	-	71,136
UCTGDXJ	05/27/2020 B		103,046.41	-	34,924
UCTGDXJ	06/10/2020 B		284,404.44	-	94,792
UCTGDXJ	06/19/2020 B		7,159.55	-	2,370
UCTGDXJ	06/24/2020 B		235,761.77	-	71,220
UCTGDXJ	07/08/2020 S		9,456.06	-	2,614
UCTGDXJ	07/22/2020 B		83,627.91	-	22,061
UCTGDXJ	07/24/2020 B		44,523.54	-	11,839
UCTGDXJ	07/27/2020 B		45,352.44	-	11,839
UCTGDXJ	07/27/2020 B		181,391.62	-	47,356
UCTGDXJ	07/29/2020 S		12,963.88	-	3,696
UCTGDXJ	08/05/2020 B		85,478.05	-	23,608
UCTGDXJ	08/14/2020 B		159,592.52	-	47,212
UCTGDXJ	08/18/2020 B		41,926.78	-	11,808
UCTGDXJ	08/20/2020 B		40,033.74	-	11,807
UCTGDXJ	08/24/2020 B		80,539.84	-	23,614
UCTGDXJ	09/02/2020 B		163,980.84	-	47,252
UCTGDXJ	09/10/2020 B		197,483.59	-	59,115

Page 7 5 of

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
UCTGDXJ	09/14/2020 B		79,020.16	-	23,654
UCTGDXJ	09/18/2020 B		147,589.60	-	43,782
UCTGDXJ	09/21/2020 B		21,620.65	-	6,455
MVSAU	04/29/2020 S		11,452.77	-	4,546
MVSAU	04/30/2020 B		-	In-Kind	16,101
MVSAU	05/19/2020 S		18,167.79	-	5,806
MVSAU	06/15/2020 S		1,766.52	-	589
MVSAU	06/19/2020 B		4,633.96	-	1,534
MVSAU	06/19/2020 B		47,921.36	-	15,868
MVSAU	06/26/2020 B		6,423.81	-	2,007
MVSAU	06/30/2020 S		27,983.20	-	8,886
MVSAU	07/29/2020 S		1,810.57	-	516
MVSAU	08/05/2020 S		5,168.79	-	1,428
MVSAU	08/13/2020 S		3,721.31	-	1,121
MVSAU	09/01/2020 B		-	In-Kind	16,149
MVSAU	09/01/2020 S		5,561.53	-	1,594
MVSAU	09/04/2020 B		1,903.47	-	563
MVSAU	09/11/2020 B		3,031.02	-	941
MVSAU	09/18/2020 B		304,944.56	-	90,488
GRNVAU	04/20/2020 S		633.86	-	262
GRNVAU	04/21/2020 S		97.58	-	40
GRNVAU	04/23/2020 S		185.20	-	75
GRNVAU	04/28/2020 S		614.86	-	249
GRNVAU	04/30/2020 B		352.34	-	136
GRNVAU	05/04/2020 S		821.29	-	326
GRNVAU	05/05/2020 S		311.10	-	123
GRNVAU	05/06/2020 S		604.50	-	239
GRNVAU	05/29/2020 S		17,981.70	-	5,764
GRNVAU	06/09/2020 S		514.28	-	178
GRNVAU	06/15/2020 S		83.98	-	28
GRNVAU	06/29/2020 B		648.01	-	205
GRNVAU	06/29/2020 B		-	In-Kind	2,705
GRNVAU	06/30/2020 B		5,293.45	-	1,680
GRNVAU	08/24/2020 B		552.57	-	162
GRNVAU	08/31/2020 S		11,773.55	-	3,413
GRNVAU	09/02/2020 S		149.17	-	43
GRNVAU	09/07/2020 B		383.19	-	113
GRNVAU	09/09/2020 S		169.99	-	52
GRNVAU	09/11/2020 B		-	In-Kind	2,661
GRNVAU	09/22/2020 S		-	In-Kind	2,661
UCTGDIG	05/06/2020 B		2,685.54	-	1,061
UCTGDIG	07/15/2020 B		4,183.64	-	1,152
UCTGDIG	07/27/2020 B		11,989.46	-	3,129

	This is Annexure A of 1 page referred to in Form 604 - Notice of change of interests of substantial holder.

Holder of relevant			Consideration	Consideration
interest	Date of Acquisition	B/S	Cash	Non-Cash	Number of Securities
UCTGDIG	08/14/2020 B		3,560.74	-	1,053
UCTGDIG	08/27/2020 S		3,613.81	-	1,051
UCTGDIG	09/17/2020 B		3,577.25	-	1,077
UCTGDIG	09/18/2020 S		2,492.68	-	740
In-Kind transactions result from UCTGDIG receiving a basket of securities (including ST BARBARA

LTD) in exchange for securities in UCTGDIG.