Northern Star Resources Limited
(ASX:NST) has announced a 65 per cent rise in net profit to $151 million.
The low cost gold miner says even without the proceeds of the Plutonic mine, net profit from continuing operations was up 80 per cent for the full year.
Low cost extraction and the rising gold price helped the result with the company planning to invest $130 million on targeted drilling programs and growing production.
Northern Star Resources declared a final dividend of 4 cents fully franked.
