News Articles for Bill Beament

Gold miner Northern Star Resources has posted a 65 per cent jump in full-year profit on the back of higher gold prices and a reduction in costs.

Below-guidance costs at Northern Star Resources have helped the gold miner increase free cash flow by 21 per cent, according to its quarterly activities report released today.

SPECIAL REPORT: There's no doubt the boom has come to an end, but plenty of opportunities and projects remain in play.

Businesses operating in WA's cyclical resources sector need to deal prudently with debt, or trouble is just around the corner.

Gold miner Northern Star Resources has boasted a 5 per cent fall in costs while reporting an increase in sales for the March quarter.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

Perth's importance as a national business centre may have faded during recent months, but it's a different matter in the inner suburb of West Perth, where several small mining companies have sprung back to life.

Local gold miners continue to prove there is still money to be made in Western Australia's resources playground, with Northern Star Resources, Metals X, Ramelius Resources and Saracen Mineral Holdings all closing higher on the ASX.

Northern Star Resources says it will consider the sale of its Plutonic gold mine near Meekatharra after receiving a number of unsolicited offers from interested parties.

WA chief executives are hoping a federal election year and a new direction from Malcolm Turnbull will ignite reforms needed to get the state moving again, according to the latest CEO survey by Business News.

Northern Star Resources and Regis Resources have capped off a positive first half of the financial year for gold miners, with December quarter results released today.

SPECIAL REPORT: One of the few positives in a tough year for business was the gold sector, and at the forefront was Northern Star Resources, under the leadership of Bill Beament.

Gold miner Northern Star Resources says its recently acquired Hermes deposit in the Bryah Basin could make a ‘significant' contribution to its annual production.

SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state's best chief executives are unexpectedly low down.

Gold miner Northern Star Resources is taking the opportunity of a general downturn in mining to reduce its costs, while managing director Bill Beament expects there will be great opportunities for small and mid cap companies in the next few years.

Perth businesspeople are surprisingly prominent on the latest BRW young rich list, with a local apartment developer ranked number three with an estimated fortune of $536 million.

SPECIAL REPORT: For the second year running, the value of shares held by company directors in WA has fallen sharply, though some operators defied the trend.

From mining to agriculture, technology and finance, 40under40 award winners have been making news this year.

Northern Star Resources, Saracen Mineral Holdings and Evolution Mining have highlighted a profitable year for the gold mining sector.

New gold mining projects under way or in advanced planning will collectively deliver more than 1 million ounces to production each year when operational.

The past year has marked a period of major change at many of WA's gold producers in terms of personnel and pay.

Gold is a rare bright light in the mining industry, with major changes during the past two years to be followed by the opening of multiple new mines and more M&A deals. Click through to find the special report, which ranks WA producers, and looks at Gold Corp, executive pay, and new gold projects.

Northern Star Resources has reported big growth in its resource and reserve base on the back of increased exploration activity, but the market seemed to focus instead on a relatively small downgrade in its production guidance, with the gold miner's shares closing 5.6 per cent lower today.

Northern Star Resources says a record June quarter brought its free cash flow for the 2015 financial year to an unaudited $183 million.

Shares in local gold miners have dominated on the ASX today after the spot price for the precious metal jumped by over 2 per cent overnight to $US1,203.30 an ounce

Subiaco-based gold producer Northern Star Resources will become Alchemy Resources' largest shareholder by purchasing the company's Hermes deposit in the Bryah Basin for $1.45 million.

Gold producer Northern Star Resources is calling the past six months a defining period for the company, with a combination of strong growth in production, lower costs and increased free cashflow.

Northern Star Resources says it is generating over $200 million in free cash flow per year on the back of an expansion of its asset base, lower costs and increased gold sales.

Subiaco-based gold producer Northern Star Resources says high-grade drilling results at its Paulsens gold mine near Paraburdoo point towards a significant increase in resources and mine life.

Local gold producer Northern Star Resources has announced a substantial discovery at its White Feather project, near its existing Kanowna Belle gold mine.

Gold miner Northern Star Resources has outlined plans to spend $50 million next year on exploration activity, after announcing a high-grade gold discovery on the Millennium tenement at its Kundana project near Kalgoorlie.

Eight Western Australians, including five 40under40 winners, have made the 2014 BRW Rich List with a collective wealth of $337 million.

The combined wealth of WA's richest public company directors fell by around $3 billion in the past year, but some individuals bucked the trend.

FEATURE: Les Davis and Bill Beament are two of the Western Australian gold industry's most influential people, but the person who has infinitely more power over gold in WA than the chief executives of Silver Lake and Northern Star doesn't live here.

FEATURE: Star in name, star in nature; it has been a rapid rise for one of the state's major players.

Carnegie Wave Energy chief executive officer Michael Ottaviano and Northern Star Resources boss Bill Beament were among the winners of the EY Entrepreneur of the Year western region awards.

In the first of a four-part series featuring EY Entrepreneur of the Year nominees, we spoke to Bill Beament about the extraordinary growth of Northern Star Resources.

Gold producer Northern Star Resources said today it expects to lift 2015 production to 600,000 ounces, at the top end of its guidance range, after it more than doubled the resource at its Pegasus deposit at the Kundana mine.

Northern Star Resources has cleared the main hurdle to its acquisition of the Jundee gold mine while also announcing monthly production results that were better than its own targets.

Seventeen Western Australian business people have been nominated as finalists in the 2014 round of the EY Entrepreneur Of The Year award.