Stuart Tonkin

Record commodity prices and a flurry of M&A deals have defined the past year for listed resources companies.

Gold miner Northern Star Resources has assured it is on track to meet full year guidance despite a costlier and less productive start to the financial year.

Northern Star Resources has exercised its right to acquire the 110 megawatt Parkeston power station in Kalgoorlie from Newmont Australia for $131 million ($US95 million).

The miners were both trading in the green after reporting mostly steady production through the December quarter had kept full year guidance on track.

Latest figures from Northern Star have captured the first full reporting period since its mega merger with Saracen Minerals, with earnings up and production on track.

Indigenous businesses in WA generated more than $1 billion in revenue last year and the total is set to rise.

One of Australia’s largest gold mines could be in for an upgrade, with Northern Star evaluating three mill expansion options ranging from $400 million to $1.4 billion for its Kalgoorlie operations.

Western Australia’s largest gold miner expects modest growth in production volumes and a further increase in costs in the current financial year

Business News has tracked dramatic changes in the ranking of WA’s largest goldminers over more than a decade.

Northern Star Resources will buy up to $300 million in shares back from investors over the next 12 months.

Rio Tinto’s managing director of battery minerals, Marnie Finlayson, will join the board of Northern Star Resources as an independent non-executive director in October.

Northern Star Resources recorded a slight increase in gold production for the December quarter and remain on track to meet its 2023 targets.

The state’s biggest goldminer will pay a record interim dividend to investors on the back of stronger commodity prices, despite feeling the effects of a higher inflationary environment.

Northern Star has been forced to lift its cost guidance for the 2023 financial year following downtime for repairs at Kalgoorlie and Pogo during the March quarter.

Northern Star will spend $1.5 billion to more than double processing capacity at the Kalgoorlie goldmine in an investment decision more than a year in the making.

Northern Star Resources is set to pay $67 million for an exploration project to feed its Jundee operation while notching a long-term power deal with Zenith Energy.

Northern Star has met its sales and cost targets for the 2023 financial year but will maintain a cautious outlook for the coming 12 months, in what continues to be an expensive time for miners.

The Super Pit miner is comfortable Kalgoorlie can house the 600 workers needed for a $1.5 billion mill expansion next year amid the city's housing squeeze.

The state’s biggest gold miner Northern Star Resources has backed the embattled Perth Mint, which is currently subject to a strategic review, to stay in state government hands.

Western Australia's biggest goldminer will shell out a 15.5 cents per share dividend after handing down a $301 million underlying net profit for the 2023 financial year.

Super Pit miner Northern Star has had a sedate start to the new financial year but has traded higher against the backdrop of new highs for Australian gold driven by conflict in the Middle East.

Recent power outages in Kalgoorlie have failed to deter Northern Star Resources from remaining on course to achieve its production guidance for the 2024 financial year, according to managing director Stuart Tonkin.

Buoyant gold prices have delivered record earnings for Super Pit owner Northern Star Resources despite mounting cost pressures bumping up the miner’s production costs.

Shares in mining exploration company Solstice Minerals rose by 50 per cent on Tuesday, following news it will divest an 80 per cent stake in its Hobbes exploration licence to Northern Star Resources.

Rising cost pressures and a soaring gold price have resulted in Northern Star Resources revising its all-in sustaining cost guidance for the 2024 financial year.

Shares in Super Pit owner Northern Star Resources dipped early on Tuesday, following the release of its March 2024 quarterly update.

A host of new equity partners have come on board at Kalgoorlie’s Diggers & Dealers Mining Forum, including industry luminaries and conference veterans.

GOLD WRAP: Kalgoorlie Super Pit owner Northern Star Resources generated gold production and cash flow records last financial year, but was impacted by constraints at its Yandal hub.

Northern Star Resources boss Stuart Tonkin says there's decades of mine life left in the famed Golden Mile, as it further develops its underground assets.

Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.

Kalgoorlie Superpit owner Northern Star Resources made an after-tax profit of $639 million last financial year, as it rode the wave of a record Australian dollar gold price.

The owner of Kalgoorlie’s famous Super Pit says there are decades of activity to come.

Management at Kalgoorlie Superpit owner Northern Star Resources has hailed the company’s “exceptional” financial position, amid a record Australian gold price environment.

Newmont Corporation shares have lost almost 20 per cent of their value in two days, as concerns over costs at the world’s largest goldminer continue to weigh on the business.

Northern Star Resources will expand its gold portfolio into the Pilbara, after striking a $5 billion deal to acquire market darling De Grey Mining and its flagship Hemi project.

Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.

Northern Star Resources remains tight-lipped on its $5 billion move for De Grey Mining’s Hemi gold project, which has experienced another timeline setback in its bid for federal approvals.

Northern Star Resources has lauded a record half, in which the goldminer generated cash earnings of $1.1 billion and returned an all-time high dividend.

Leading mining executives have weighed in on the Pilbara unionisation battle, with bosses at BHP and Northern Star warning industrial relations policy settings could stifle investment.

Stocks in Western Australian gold producers are rallying as the price for the precious metal holds strong above $US3,000 per ounce amid a flurry of M&A activity.