Northern Star Resources to beat 2018 guidance

Company News

by Rachael Jones

Gold producer Northern Star Resources (ASX:NST) has hit its production rate target of 600,000 ozpa.

Production for the June quarter to date is 150,000oz. This takes the total for the financial year to date to 540,000 oz, meaning Northern Star is on track to beat the top end of its Financial year Y2018 guidance.

The executive chairman says the growth trend is on the back of its successful exploration strategy and increased processing capacity.

Shares in Northern Star Resources (ASX:NST) last traded at $6.38 yesterday.