Dec 10 (Reuters) - Australia's St Barbara SBM.AX said on Wednesday Chinese gold producer Lingbao Gold Group 3330.HK would buy a 50% stake in its unit St Barbara Mining Pty for A$370 million ($245.50 million) in cash.
($1 = 1.5072 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru; Editing by Subhranshu Sahu)
((Nichiket.Sunil@thomsonreuters.com))