| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
September 2026 Quarterly Activities Report
|
21 Oct 2026 8:19AM |
$24.620 |
$24.160 |
fallen by
1.87%
|
|
NST - Price-sensitive ASX Announcement
Full Release
Key Points
- ASX announcement date was 21 October 2026.
- Northern Star reported September quarter gold sales of 363,891oz at an AISC of A$3,217/oz.
- Net mine cash flow was A$210 million and group underlying free cash flow was A$(31) million after A$113 million in corporate tax payments.
- FY27 guidance was maintained at 1,500–1,650koz gold sold at an AISC of A$3,050–3,450/oz.
- Production is expected to be weighted to the second half of FY27 as KCGM ramps up.
- KCGM legacy plants were shut down on 21 September and tie-in to the expanded plant was completed on 28 September 2026.
- KCGM commissioning is in early stages and temporarily reduced milled tonnes, grade and recovery in the quarter.
- Stage II of the KCGM Mill Expansion Project is scheduled for commissioning in early 2H FY27.
- Stage II is expected to deliver a 1–2% recovery uplift and remove concentrate haulage between KCGM and Gidji.
- Kalgoorlie sold 193,540oz at an AISC of A$2,919/oz.
- Yandal sold 117,631oz at an AISC of A$3,687/oz.
- Pogo sold 52,720oz at an AISC of US$2,307/oz.
- KCGM Mill Expansion and Readiness capital expenditure was A$221 million in the quarter.
- Total KCGM Mill Expansion Project spend to date reached A$1.746 billion versus forecast total project spend of A$1.75–1.81 billion.
- Group cash and bullion totalled A$1.2 billion at 30 September 2026.
- Total corporate bank facilities increased to A$2.25 billion.
- Northern Star drew A$500 million of bank facilities on 9 October 2026 ahead of the FY26 final dividend payment.
- The company delivered 140koz of hedges during the quarter at A$3,278/oz.
- Remaining hedge commitments at 30 September 2026 were 647.5koz at an average A$3,423/oz.
- Exploration expenditure for the quarter was A$56 million.
- Hemi Project engineering, design and permitting progressed with Final Investment Decision still targeted for late FY27.
- Managed Aquifer Recharge trials commenced for Hemi during the quarter.
- Northern Star said tax depreciation from the Hemi implementation is expected to generate about A$300–350 million in cash tax savings in FY27 and A$200–250 million in FY28.
- Safety performance remained strong with group SLTIFR at 0.5 injuries per million hours worked.
- Suresh Vadnagra commenced as Managing Director and CEO on 5 October 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Application for quotation of securities - NST
|
15 Oct 2026 6:33PM |
$24.320 |
$24.160 |
fallen by
0.66%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Dispatch of Access Letter to Shareholders
|
14 Oct 2026 5:46PM |
$24.910 |
$24.160 |
fallen by
3.01%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Notification of cessation of securities - NST
|
7 Oct 2026 8:00PM |
$24.370 |
$24.160 |
fallen by
0.86%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Notification regarding unquoted securities - NST
|
7 Oct 2026 7:59PM |
$24.370 |
$24.160 |
fallen by
0.86%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Initial Director's Interest Notice
|
7 Oct 2026 7:57PM |
$24.370 |
$24.160 |
fallen by
0.86%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
2026 Notice of Annual General Meeting
|
6 Oct 2026 8:17PM |
$23.910 |
$24.160 |
risen by
1.05%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
September 2026 Quarterly Results Webcast Details
|
2 Oct 2026 1:23PM |
$24.210 |
$24.160 |
fallen by
0.21%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Initial Director's Interest Notice
|
1 Oct 2026 6:52PM |
$23.750 |
$24.160 |
risen by
1.73%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Initial Director's Interest Notice
|
1 Oct 2026 6:49PM |
$23.750 |
$24.160 |
risen by
1.73%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Retirement of Company Secretary
|
30 Sep 2026 5:13PM |
$24.770 |
$24.160 |
fallen by
2.46%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Response to Media Speculation - Gold Fields Limited
|
28 Sep 2026 8:21AM |
$22.110 |
$24.160 |
risen by
9.27%
|
|
NST - Price-sensitive ASX Announcement
Full Release
Key Points
- Northern Star confirmed it received and rejected a confidential, unsolicited and non-binding proposal from Gold Fields Limited.
- The proposal was received on 14 September 2026 and sought to acquire 100% of Northern Star by scheme of arrangement.
- Default consideration was 0.3125 new Gold Fields shares plus A$7.25 cash for each Northern Star share.
- The proposal implied A$27.00 per share and a A$38.7 billion equity value based on 11 September 2026 pricing.
- Based on 25 September 2026 pricing, the implied value fell to A$25.19 per share and A$36.1 billion equity value.
- Northern Star shareholders would have received about 73% of consideration in Gold Fields equity and held about 33% of the combined entity.
- The board said the proposal materially undervalued Northern Star’s tier-1, long-life assets and growth profile.
- The board said the equity component would expose shareholders to higher jurisdictional and operational risks.
- Northern Star described the proposal as highly opportunistic ahead of Fimiston Mill ramp-up and the start of incoming CEO Suresh Vadnagra.
- The proposal was subject to hard exclusivity, confidentiality, due diligence, regulatory approvals and Gold Fields shareholder approval, creating material completion risk.
- Northern Star told Gold Fields on 25 September 2026 that it would not engage further on the proposal.
- Chairman Michael Chaney said the offer fell well short of Northern Star’s fundamental value and was rejected unanimously by the board.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Notification regarding unquoted securities - NST
|
25 Sep 2026 6:55PM |
$22.110 |
$24.160 |
risen by
9.27%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Update - Dividend/Distribution - NST
|
21 Sep 2026 7:14PM |
$21.970 |
$24.160 |
risen by
9.97%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Corporate Presentation - September 2026
|
21 Sep 2026 8:29AM |
$22.210 |
$24.160 |
risen by
8.78%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Change of Director's Interest Notice
|
14 Sep 2026 6:46PM |
$22.630 |
$24.160 |
risen by
6.76%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Appointment of Non-Executive Directors
|
14 Sep 2026 8:16AM |
$22.080 |
$24.160 |
risen by
9.42%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Becoming a substantial holder
|
10 Sep 2026 4:51PM |
$22.540 |
$24.160 |
risen by
7.19%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Date of AGM and Closing of Director Nominations
|
9 Sep 2026 1:50PM |
$22.780 |
$24.160 |
risen by
6.06%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Notification regarding unquoted securities - NST
|
8 Sep 2026 7:27PM |
$23.320 |
$24.160 |
risen by
3.60%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Change of Director's Interest Notice
|
7 Sep 2026 4:49PM |
$23.290 |
$24.160 |
risen by
3.74%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Final Director's Interest Notice
|
1 Sep 2026 4:54PM |
$23.690 |
$24.160 |
risen by
1.98%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Initial Director's Interest Notice
|
1 Sep 2026 4:44PM |
$23.690 |
$24.160 |
risen by
1.98%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Notification regarding unquoted securities - NST
|
31 Aug 2026 5:42PM |
$23.440 |
$24.160 |
risen by
3.07%
|
|
| Northern Star Resources Ltd (NST) ORDINARY FULLY PAID |
Materials |
$34,439 |
Notification of cessation of securities - NST
|
31 Aug 2026 5:40PM |
$23.440 |
$24.160 |
risen by
3.07%
|
|