News Articles for Bill Beament

The number of long-serving chief executives at WA listed companies is shrinking rapidly. We look at recent retirements by several 'veteran' CEOs and a small group of individuals who have lasted more than 10 years.

Northern Star Resources' June quarter and 2019 financial year results have fallen slightly below guidance, but it has still set new quarterly and annual sales records on progress at its Pogo mine in Alaska.

Delays at Northern Star Resources' Pogo mine have dented the company's quarterly production, but the gold miner forecasts the next quarter's production will be a record.

Northern Star Resources executive chairman Bill Beament has sold about $22 million worth of shares in the gold miner, as part of a Family Court settlement.

More than 750 guests attended the 2019 Business News 40under40 Awards held this week at Optus Stadium's Riverview Room.

Northern Star Resources has a declared an interim dividend of 6 cents per share, up 1.5 cents per share on its previous dividend, after its recently acquired Pogo gold mine in Alaska underpinned strong growth for the six months to December.

Northern Star Resources' full-year production guidance remains unchanged at a healthy 850,000-900,000 ounces, but its shares slumped today after it flagged a lift in all-in sustaining cost guidance.

SPECIAL REPORT: Global players are converging on WA as resources assets become increasingly attractive in the international arena.

Leaders interviewed for the annual Business News CEO survey suggest that forward-looking decisions on energy policy and tax will be vital for WA's future prosperity.

Northern Star Resources has been knocked back in its $150 million bid to acquire a near-half stake in the East Kundana gold mine from its joint venture partners Tribune Resources and Rand Mining, which say the offer significantly undervalues the asset.

Echo Resources has signed a letter of intent to award two mining contracts to MACA for its Yandal gold project near Leinster, while also announcing a $6.5 million capital raising backed by major shareholder Northern Star Resources.

Northern Star Resources has made a $150 million offer to move to full ownership of the East Kundana joint venture gold project near Kalgoorlie.

Northern Star Resources has announced the acquisition of a gold mine in Alaska for $US260 million ($347 million) from Japanese group Sumitomo, along with a $175 million share placement to fund the purchase.

Bill Beament-led Northern Star Resources has reported a record profit for the 2018 financial year, driven by increased production and sales.

Three Western Australian gold miners have outlined their growth plans, with Saracen Mineral Holdings announcing a 20 per cent increase in reserves, Northern Star Resources unveiling a $60 million exploration budget, and Red 5 targeting annual production of more than 100,000 ounces.

Northern Star Resources has reported above-guidance gold production for the year to June, with plans to expand output beyond 600,000 ounces in 2019, while Blackham Resources posted improved results for the half year to June.

SPECIAL REPORT: A new corporate advisory firm working from a historic building in West Perth has rapidly made an impact, advising on more than a dozen transactions for public and private companies.

Gold producer Northern Star Resources has hit its gold production rate target for 2018, while Doray Minerals has announced an increased production guidance for the 2019 financial year.

Gold miner Northern Star Resources has posted a steady quarterly result, with the company confident it will hit its 2018 output target of 600,000 ounces per annum.

The WA School of Mines should include new disciplines and postgraduate degrees to insulate it from the cyclical resources economy, and help it become a global leader in its field, according to three former students who are now industry leaders.

SPECIAL REPORT: Our annual analysis of the state's movers and shakers shows that sometimes the best examples of influence are demonstrated not by what change an influencer starts, but rather what they can stop.

Gold miner Northern Star Resources has agreed to purchase the South Kalgoorlie mine from Westgold Resources in a cash and scrip deal worth $80 million.

Local gold producer Saracen Mineral Holdings has announced an impressive rise in net profit for the half-year, while Northern Star Resources has recorded a slight dip in earnings in its results.

Gold miner Northern Star Resources expects to meet its full-year sales target despite a fall in December quarter gold sales.

Gold miner Northern Star Resources has posted a comfortable quarterly result, with funds committed to expand production beyond its 2018 output target of 600,000 ounces per annum.

Ten gold sector leaders spoke in unison today about the damage they believe will flow from the state government's hike in royalties, and also made clear they are targeting the Liberal Party to block the change.

SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state's emerging miners wrapped-up a busy 12 months.

SPECIAL REPORT: The gold royalty hike proposed in this month's state budget has stunned the sector, amid big spending plans for the year ahead.

Gold miners have warned of devastating consequences from a higher royalty rate, including potential mine closures, while business groups have also taken aim at proposed payroll tax hikes for larger employers, after both were targeted in a $1 billion revenue grab by the state government in today's budget.

Gold miner Northern Star Resources has outlined its new dividend policy after achieving a record profit result for the 2017 financial year.

Northern Star Resources boss Bill Beament has called on the state government to commit $100 million towards the development of a mining education hub in Kalgoorlie through Curtin University's WA School of Mines (WASM).

Gold miner Northern Star Resources achieved record production in the June quarter, taking full-year production to the top end of its guidance.

Gold miners operating in Western Australia performed solidly in the three months to December, with Northern Star Resources, Independence Group and Evolution Mining all posting strong results.

The state's businesses leaders are optimistic about improved conditions in the year ahead, according to feedback from the annual Business News chief executive survey, with tax reform identified as a priority issue whichever party is in government after the March poll.

Interest from North American pension funds could help drive continued strength in the gold sector, although tax competitiveness and policy stability will be important, according to industry leaders.

SPECIAL REPORT: Some of Western Australia's biggest gold miners plan to boost their exploration spend in the coming year, with Saracen Mineral Holdings and Northern Star Resources among those committed to putting increasing amounts ‘into the ground'.

Northern Star Resources has announced a major board restructure that includes the recruitment of two new directors and, in an unusual move that is at odds with corporate governance guidelines, the promotion of managing director Bill Beament to executive chairman.

Gold miner Northern Star Resources has increased its dividend payout after confirming a 65 per cent jump in full-year profit, on the back of higher gold prices and a reduction in costs.

Northern Star Resources has cut its production guidance after agreeing to sell its Plutonic gold mine in Western Australia for an inital $37.5 million, but it plans to spend $130 million on exploration and expansion work at its other assets.

Gold's rising stocks and role in the post-boom recovery will make this year's Diggers & Dealers the most promising for many years.