Since the acquisition of the high-grade, low-cost Paulsens mine in July 2010, Northern Star has continued to assemble a portfolio of high-quality, high-margin mining operations, with the aim of delivering maximum total returns to our Shareholders.
Northern Star rapidly transformed from a 100,000oz per year, single mine producer in 2010, to now operating three concentrated centres with total annual production in FY2019 of 850,000-900,000oz at A$1,125-A$1,225/oz.
Northern Star’s gold mines are all world-class, low-cost, high-grade gold mines, which together have produced over 20 million ounces to date.
Since acquiring these operations, Northern Star has been able to significantly extend the mine life and grow the resource base of all of our mines by investing heavily in near-mine and in-mine exploration.
In late 2018, the Company announced the acquisition of the world-class Pogo gold mine in the tier-1 jurisdiction of Alaska, which will see Northern Star expand its footprint into the highly prospective Tintina Mineral Belt.
Northern Star is led and governed by an exceptional, highly-experienced Board and management team. This team has a clear strategy to deliver future growth and a demonstrated ability to move quickly to capitalise on strategic growth opportunities to maximise value for Shareholders.
For a summary, please click here.