Company Research Report: Northern Star Resources Ltd.
Company Overview
Name
Northern Star Resources Ltd.
Mission
To generate superior returns for shareholders while providing positive benefits for stakeholders through operational effectiveness, exploration, and active portfolio management.
Founded
No information is available.
Key People
- Michael Chaney AO - Chairman (commenced 2021)
- Stuart Tonkin - Managing Director & CEO (commenced 2013)
- John Fitzgerald - Non-Executive Director (commenced 2012)
- Nicholas (Nick) Cernotta - Non-Executive Director (commenced 2019)
- Sally Langer - Non-Executive Director (commenced 2021)
- Sharon Warburton - Non-Executive Director (commenced 2021)
- Marnie Finlayson - Non-Executive Director (commenced 2022)
- Michael Ashforth - Non-Executive Director (commenced 2024)
- Ryan Gurner - Chief Financial Officer (commenced 2015)
- Simon Jessop - Chief Operating Officer (commenced 2021)
- Hilary Macdonald - Chief Legal Officer & Company Secretary (commenced 2016)
Headquarters
No information is available.
Number of Employees
No information is available.
Revenue
No information is available.
Known For
Northern Star is known for being a global-scale gold producer with high-quality, high-margin underground and open-pit gold mines. The company focuses on delivering superior shareholder returns.
Products
Product Offerings
Northern Star operates three high-quality production centres located in world-class jurisdictions:
1. Kalgoorlie: No specific product details available.
2. Yandal: No specific product details available.
3. Pogo: No specific product details available.
High-Level Description
Each production centre is situated in highly prospective geological settings in low sovereign risk jurisdictions, namely Australia and North America.
Key Features
No specific key features for each product are available.
Recent Developments
ASX Announcements
Northern Star has been actively making announcements on the Australian Securities Exchange (ASX):
Recent ASX Announcements
1. Change of Director's Interest Notice - 23 SEP 2024
2. Investor Presentation - Gold Forum Americas 2024 - 16 SEP 2024
3. Date of AGM and Closing of Director Nominations - 13 SEP 2024
4. Release of Shares from Voluntary Escrow - 13 SEP 2024
New Products Launched
No information is available.
New Features Added to Existing Products
No information is available.
New Partnerships
No information is available.
Operations and Assets
Northern Star focuses on the organic growth of its assets through targeted exploration programs and expanding the operating lives of its operations.
Production Centres
- Kalgoorlie: Located in Western Australia
- Yandal: Located in Western Australia
- Pogo: Located in Alaska
Exploration
Northern Star continues to invest in its asset base through strategic acquisitions and targeted exploration programs to unlock value from gold endowment across their highly prospective ground. The company aims to improve mine lives to greater than 10 years through in-mine and near-mine exploration and investing in expansions to maximize efficiencies.
Sustainability
Northern Star is committed to transparent reporting of ESG (Environmental, Social, and Governance) performance and taking action on areas identified for improvement.
Key Highlights from FY24
- Safety performance remains well below industry average.
- Progress towards Net Zero Ambition by 2050 with the commissioning of Jundee & Ramone solar arrays and construction of Jundee wind farm.
- $6.1 million committed to sustainable support of local communities during FY24.
- Proactive procurement opportunities for Aboriginal businesses.
- Maintained female employment rate above industry average.
- Promoted 840 employees internally.
- Initiation of Taskforce on Nature-related Financial Disclosures (TNFD) journey.
- Expanded alignment with GRI (Global Reporting Initiative) and other assurance standards.
Contact Information
- Share Registry: Link Market Services, Locked Bag A14, Sydney South NSW 1235, registrars@linkmarketservices.com.au, +61 1300 554 474
- Investor Relations: Specific contact not provided, but updates can be subscribed to via Northern Star's website.
Financial Performance
No specific financial performance data is available in the provided information.
Note: This information is based on the data provided and some key fields contain "No information is available" as details were not found in the source material. For more detailed and specific inquiries about Northern Star, it is advisable to visit their official website or consult their latest reports and presentations.
