Northern Star sees record earnings
Like many of its rivals, gold miner Northern Star (ASX:NST) saw a strong end to the June financial year as record gold prices caused revenue to surge, aided by a weak Aussie dollar.
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Northern Star Resources Limited is a global-scale Australian gold producer with Tier-1 world-class projects located in highly prospective and low sovereign risk regions of Australia and North America.
Northern Star has a portfolio of low-cost, high-grade underground gold mines, and is firmly focused on maximising Shareholder returns. Northern Star is listed on the Australian Securities Exchange (ASX: NST).
Northern Star continues to invest in building a strong asset base through strategic acquisitions and aggressive exploration to extend the mine lives across its world-class operations.
Like many of its rivals, gold miner Northern Star (ASX:NST) saw a strong end to the June financial year as record gold prices caused revenue to surge, aided by a weak Aussie dollar.
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Sometimes, some investors are not bright, and others do not really read what companies put out to the ASX. Take Northern Star Resources (ASX:NST), which yesterday issued its March quarterly report, and the shares sold off because it supposedly "missed" forecasts.
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We witnessed the typical knee-jerk reaction from traders on Thursday in response to Northern Star Resources' (ASX:NST) swift update on its March quarter gold sales performance.
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Northern Star Resources (ASX:NST) is planning to extend its current expansion program at the Super Pit gold mine near Kalgoorlie in the WA goldfields.
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With Newcrest Mining (ASX:NCM) set to be acquired by Newmont in the coming weeks, Evolution Mining (ASX:EVN)and Northern Star (ASX:NST) emerge as the remaining local majors, gaining increasing attention from investors seeking direct exposure to gold and copper.
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A surge of financial success for Northern Star Resources (ASX:NST) has translated into record earnings and enhanced dividends for shareholders in the fiscal year ending on June 30.
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Moody's has expressed strong approval for Northern Star's $1.5 billion expansion plan for the SuperPit gold mine near Kalgoorlie.
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22 Jun 2023 - As widely forecasted, Northern Star Resources (ASX:NST) has greenlit the doubling in size of its major asset, the SuperPit gold mine of KGCM near Kalgoorlie, at a cost of $1.5 billion.
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There’s an enormous chance for Australian miners to get global scale by positioning themselves to buy mines Newmont wants to flick after it takes control of Newcrest.
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Northern Star Resources has lifted its cost guidance following unplanned mill outages which impacted the company’s operations in Kalgoorlie and Alaska.
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