News Articles for Northern Star Resources

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.

Native Mineral Resources has reported more high-grade gold samples from an outcropping quartz vein at its 100 per cent owned Music Well project north of Leonora in Western Australia. Up to 129 g/t gold has been identified in 128 samples that carried an average 3.16 g/t gold. Native Mineral could have a diamond drill rig turning on the granite-intrusive target next month.

Our board moves wrap includes James Brown, Gregory Bittar, Adrian Byass, Steve Brockhurst, Nadine Barry, Blair Snowball, Harry Miller, Ashley Lim, Shirley In't Veld, Graeme Smith, Arshad Muhammad, Marcus Goh, Tome Jongue, YiCheng Chen, Eric Kong, Piers Lewis, Victor Goh, Daniel Tydde, and Robert Ierace.

Australian gold production was down 11 per cent in the first three months of the year, according to Melbourne-based consultancy Surbiton Associates.

Our board moves wrap includes Boyd Timler, Davide Bosio, Peter Christie, Pedro Kastellorizos, Lionel Liew, Jack Spencer-Cotton, Jason Livingstone, Justin Barton, Michael Chaney, Robert Dennis, Alexandra Atkins, David Murray, and Thomas Lawrence.

Wesfarmers' Michael Chaney is set to chair another major Western Australian company, replacing Bill Beament at the helm of Northern Star Resources in July.

Goldminer Northern Star Resources is paying $15 million in cash for a further stake in a joint venture with Tanami Gold while entering into a new service agreement.

Western Australia gold producer, Wiluna Mining Corporation continues to demonstrate powerful exploration upside at the historic Wiluna gold centre east of Leonora with results of a 2D seismic survey highlighting large prospective structures outside the existing central 4.26-million-ounce resource envelope. Ongoing drilling has meanwhile added to the immediate enticing production picture, with more high-grade hits to be fed into a new 2021 resource update.

Northern Star Resources is on track to meet its full-year targets after posting a jump in quarterly gold sales, underpinned by its recent $5.8 billion acquisition of Saracen Mineral Holdings.