News Articles for Northern Star Resources

Subiaco-based SRG Global has bolstered its order book with two contracts from Northern Star Resources and Meridian Energy respectively, valued at some $90 million.

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

Genesis Minerals is set to acquire WA gold miner Dacian Gold in a scrip deal valuing the target at $111 million, with non-executive director Nev Power to resign should the purchase go ahead.

West Australian gold miner Ora Banda Mining has pulled off a recruitment coup by appointing Northern Star Resources' highly regarded former Chief Operating Officer, Luke Creagh as its Chief Executive Officer. Ora Banda Chairman, Peter Mansell said Creagh's appointment was a major fillip for the company, adding: “We couldn't be happier that Luke is joining us.”

BMG Resources is running through the gears at its Abercromby gold project in the Wiluna region of WA with the explorer onto its next phase of diamond drilling at the operation. The 8-hole diamond probe will take in around 3,700m and is aimed at defining new resources and extending the footprint of previously discovered lodes.

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.

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

National gold production was dragged down during the March quarter by poor weather conditions and pandemic restrictions throughout the sector.

As its mammoth 23,000m RC and diamond program continues, ASX-listed gold junior Strickland Metals has confirmed surface laterite gold mineralisation directly above a northern section of its Millrose mineral resource at the company's broader Yandal gold project in WA. Among a broad array of holes probing the shallow mineralisation, standout intercepts include 5m at 3.6 g/t gold and 4m at 3 g/t.

DiscovEx Resources has revealed a highly-encouraging gold in soil anomaly through geochemical sampling at its Edjudina project 250km northeast of Kalgoorlie, WA. The delineated zone exhibits more than 50ppb gold continuously for 1.3km with some results going as high as 100ppb. The company's newly-defined zone has been coined the Spartan prospect and sits within a broader 1.8km anomaly of 25ppb gold.

Blackstone Minerals has bolstered its engineering horsepower with GR Engineering Services as it heads towards the delivery of a definitive feasibility study into its upstream Ta Khoa Nickel Project. The ASX-listed addition is hailed as a ‘Tier 1' process engineering, design and construction advisory company and will man the role of Blackstone's primary consultant.

Strickland Metals has unearthed significant initial gold results from its Millrose project in the Yandal greenstone belt within WA's Yilgarn Craton. A standout strike of 55m going 2.4 g/t gold from 86m was encountered in addition to visible gold in a diamond hole about 700m to the south. The explorer hails the results as outstanding and is growing confident Millrose is a substantial gold system.

Iluka Resources intends to demerge its rutile business in West Africa, while Northern Star is set to pocket $44.5 million from divesting two gold projects.

Former Northern Star Resources executive director Raleigh Finlayson will not re-join the board despite an initial plan to return.

A US company associated with Bill Beament and Nev Power is set to purchase Glencore's CSA copper mine for $US1.1 billion ($A1.5 billion).

Ronald McDonald House Charities WA, a new Rare Care Centre at Perth Children's Hospital and the Perth Lynx are the beneficiaries of three recent sponsorship agreements.

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.

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

Big business and trade union support helped fill Labor's coffers in the year to June, with the party's $12.7 million haul outstripping the combined earnings of the coalition parties.

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).

WA's COVID-19 isolation may be keeping the virus at bay, but inflationary forces are building.

Northern Star Resources' chief development officer and general manager will exit the business to take top jobs with Bellevue Gold, adding to a string of departures since merging with Saracen Minerals.

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.

West Perth-based Nomadic Energy has commissioned a 3.3-megawatt of solar farm at Northern Star Resources' Carosue Dam mine in the Goldfields.

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

Raleigh Finlayson is set to lead Genesis Minerals after agreeing to invest $7 million in the local gold explorer, as part of a broader raising backed by Nev Power and Michael Bowen.

Woodside's purchase of BHP's oil assets is close to the biggest deal by a WA company.

Inflationary threats in a low interest rate environment are bringing the lustre back to gold.

Strickland Metals is hammering through a multitude of exploration programs with two rigs on site now at its flagship Yandal project. Promising zinc-lead assay results from a completed soil and rock chip sampling program at Iroquois, near Rumble Resource's famed zinc-lead discovery in the Earaheedy Basin, are also providing cause for pause. Additionally, Strickland has been undertaking a thorough review of the exploration potential around its Millrose mineral resource.

Australia's gold production in the past six months has exceeded China's figures, according to a Melbourne consultancy.

Goldminer Northern Star Resources has reported a 28 per cent jump in underlying net profit and declared higher dividends, after a year of record production.

Our board moves wrap includes Carly Terzanidis, Tom Plant, Nathan Bartrop, Eric Hughes, Sharon Warburton, and Anthony Kiernan.

Perth business leaders cooked meals for vulnerable people last week and raised $146,973 for Foodbank WA, with Northern Star Resources' Hilary Macdonald leading the way.

Experienced director Sharon Warburton will join the board of Northern Star Resources in September, while Tony Kiernan has announced his plan to retire from the role.

The mining industry is turning green, but ‘old' sectors like gold and iron ore are still attracting keen support.

Listed business GR Engineering Services has won a contract from Northern Star Resources in relation to the goldminer's Thunderbox expansion project.

A multi-billion-dollar merger has brought a change at the top of Business News' list of goldminers.

Our board moves wrap includes Matthew Blake, Stuart Tonkin, and Raleigh Finlayson.

Northern Star Resources has sold a large portion of its Kalgoorlie operations to Evolution Mining on the same day it appointed Stuart Tonkin as the goldminer's new managing director.

Mining services provider Macmahon Holdings has secured new work from Northern Star Resources following $1.3 billion in recent contract wins.