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.
Perth executives Bill Beament and Nev Power are among the key players in a new US company looking to raise $US287 million ($A380 million) to invest in mining and metals.
Wesfarmers' Michael Chaney is set to chair another major Western Australian company, replacing Bill Beament at the helm of Northern Star Resources in July.
Woodside Petroleum executive Fiona Hick has today become the first woman to be appointed president of the Chamber of Minerals and Energy of Western Australia.
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.
Our board moves wrap includes Peter Williams, Simon Bolster, Antony Beckmand, James Searle, Bill Beament, John Fitzgerald, Mick McMullen, and Darren Stralow.
Bill Beament has thrown his support behind Perth-based copper play Venturex Resources, in a move that involves the Northern Star chairman stepping down from the board in July.
Northern Star Resources and Saracen Mineral Holdings have reported strong growth in production and earnings, just days ahead of their merger taking effect.
Goldminer Northern Star Resources has enjoyed a spike in quarterly sales and significantly reduced its debt, while Saracen Mineral Holdings achieved record production at its WA mines.
Shares in Northern Star Resources and Saracen Mineral Holdings rose strongly today after they announced a merger to create a top 10 global gold producer with a market value of $16 billion.
Kalgoorlie Super Pit owners Saracen and Northern Star have reported a surge in profits for the full financial year, on the back of record production and a strong gold price.
The owners of the Kalgoorlie Super Pit have confirmed the mine will continue producing gold for another 15 years, following a strategic review and resource expansion.
Northern Star Resources has achieved record gold output for the June quarter, with production from its Australian operations up 6.5 per cent on the same time last year.
Super Pit owners Saracen and Northern Star have reported positive gold production for the June quarter, with Saracen reaching record output for the financial year.
Kalamazoo Resources was trading up to 55 per cent higher on the ASX today after announcing the completed purchase of Northern Star Resources' Ashburton gold project in the Pilbara.
Saracen Mineral Holdings has posted record gold production for the March quarter, while fellow miner Northern Star Resources said today it expected a strong improvement after operations were hit by COVID-19 restrictions.
Blue-chip miner Northern Star Resources has predicted the rest of the industry will be forced to follow its lead in making radical and costly changes to their operations to deal with the fallout from the COVID-19 pandemic.
Fortescue Metals Group chair Andrew Forrest has purchased an additional $242 million worth of shares in the company, shortly after Perth-based executives of other leading companies, including Peter Coleman, Ian Testrow and Bill Beament, also made big trades.
Shares in Northern Star Resources have continued their steady recovery back towards record levels after the gold miner reported improved half-year profits, declared higher dividends and foreshadowed further growth.
Northern Star Resources said it was on track to meet production guidance of around 1 million ounces of gold this year, helped by its recent acquisition of a 50 per cent stake in the Kalgoorlie Super Pit and strong performance across its Australian operations, but also disclosed today an increase in its operating costs.
Investors have signalled their approval for Northern Star Resources' Super Pit acquisition, with its $765 million share placement closing heavily oversubscribed.
Northern Star Resources has confirmed it is the new owner of a half stake in Kalgoorlie-Boulder's famous Super Pit, with the gold miner announcing an $US800 million ($1.16 billion) deal with Newmont Goldcorp.
Northern Star Resources executive chairman Bill Beament has been handsomely rewarded for the gold miner's strong performance over the past few years, with the recent exercising of three million performance rights.
Shares in Northern Star Resources slumped today following the release of a quarterly update for its Pogo mine in Alaska, but the gold miner has assured investors that the weak results from the highly-touted operation were expected.
Northern Star Resources executive chairman Bill Beament will have his fixed annual remuneration nearly doubled for the 2020 financial year, with the potential to earn up to $7.2 million.
Northern Star Resources has announced a $193 million takeover offer to acquire Echo Resources, less than an hour after executive chairman Bill Beament said the company was exploring a range of growth options to take advantage of the high gold price.
