Northern Star Resources completes Pogo Gold Project acquisition

Company News

by Anna Napoli

Northern Star Resources (ASX:NST) has announced the completion of its acquisition of the Pogo Gold Project in Alaska from Sumitomo Metal Mining.

The deal was completed in Anchorage, Alasaka on the 28th of September.

Northern Star will receive the full financial benefit from Pogo from July 1st of this year.

As a result the company's 2019 full year guidance has been increased to 850 to 900 thousand ounces of gold.

Shares in Northern Star Resources (ASX:NST) closed 0.12 per cent lower at $8.30 on Friday.



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.