Northern Star resources announces record June Qtr gold production

Company News

by Anna Napoli

Northern Star Resources (ASX:NST) has announced record gold production in the June quarter of almost 184 000 ounces.

The result was well ahead of the Company’s targeted 600 000 ounces per annum run rate.

The gold miner said underlying free cash flow tripled to a record $93 million in the June quarter following record gold sales.

Northern Star Executive Chairman Bill Beament said the quarter’s results provided an insight into the substantial cash-generating capacity which was a direct result of the Company’s organic growth strategy.

Shares in Northern Star Resources (ASX:NST) closed 1.41 higher to $7.21 yesterday.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.