Increased Gold Sales and Cost Management
Northern Star sold 410,000 ounces of gold at an all-in sustaining cost of A$2,128 per ounce, with a focus on operational performance, cost control, and capital discipline.
Strong Financial Position
The company is in a net cash position with A$1.2 billion in cash and bullion, demonstrating strong cash earnings of A$1.13 billion to A$1.17 billion in the first half of FY '25.
Successful Projects and Developments
Completion of the East Wall remediation at KCGM, commissioning of the renewables energy project at Jundee, and the start of new portals for higher-margin underground ounces.
Pogo Mill and Mine Performance
The Pogo operation delivered 71,000 ounces for the quarter with the mill operating at a run rate annualized of 1.5 million tonnes per annum.