Vision & Strategy

Vision

To continue to build a safe, quality mining and exploration company, focused on creating value for Shareholders.

Mission

To generate earning accretive value for our Shareholders through operational effectiveness, growth opportunities and exploration with a prime focus on success to deliver on our targets.

Strategy

Our strategy is clear – to develop a responsible Company that is attractive to global investors by:

  1. Sustaining critical mass – maintaining gold production of greater than 485,000 ounces per annum
  2. Maintaining a diversified asset base through our portfolio of world-class operating mines
  3. Ensuring our assets have significant mine lives – improving mine lives to greater than five years through aggressive in-mine and near-mine exploration, targeting total group Resources of 20 million ounces and Reserves of 10 million ounces
  4. Maintaining low cost operations – constantly driving efficiencies and productivity to achieve all-in sustaining costs of less than A$1,100/oz
  5. Upholding strong financial disciplines – continuing to deliver superior results and maintaining our track record of paying fully-franked dividends to Shareholders

Implementing our strategy

Central to the implementation of Northern Star’s strategy is:

  • The quality of our workforce
  • The delivery of sustainable operations – we are highly focused on safety and committed to strong environmental management and social responsibility
  • Taking a responsible approach to hedging
  • Investing in exploration technology to maximise the value of our existing assets by examining known in-mine, near-mine and regional targets
  • Using exploration technology and management experience to make well-informed decisions and implement our exploration initiatives in a timely and prudent manner