THE market should expect gold miner Northern Star Resources to make an acquisition soon, according to managing director Bill Beament.
Perth-based goldminer Northern Star Resources says it is debt free and ready for growth after paying off the final $2.5 million production royalty relating to its $40 million acquisition of the Paulsens gold mine in the Pilbara.
Northern Star Resources has continued its stellar run at the Paulsens Gold Mine beating its production target at the mine by nearly 30 per cent in October.
Northern Star Resources has posted record gold production of 30,602 ounces for the September quarter at its Paulsens gold mine in the Pilbara.
Northern Star Resources has hailed its new gold operation at Paulsens Gold Mine a success with gold poured in July exceeding budget.
Intrepid Mines shareholders have approved the $40 million sale of the Paulsen's Gold Mine to Northern Star Resources.
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