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Northern Star Resources Ltd (ASX:NST)

ALERT: Price-sensitive ASX Announcement for NST
Current share price for NST : $24.100 5.3 (28.19%)+
Announcement
Release
2 Jul 2026 8:14AM
Price at Release
$18.800
Full Release
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Summary
Northern Star Resources Ltd (NST) has appointed Suresh Vadnagra as the new Managing Director and CEO, effective 5 October 2026, succeeding Stuart Tonkin. Vadnagra, a seasoned executive with over 25 years in the mining sector, previously held a senior role at Glencore. His appointment follows a thorough search process that considered numerous candidates across various sectors. Vadnagra's extensive experience in operations and leadership is expected to enhance Northern Star's asset potential and shareholder value. Michael Chaney, Chairman of Northern Star, expressed confidence in Vadnagra's ability to drive future growth and maintain a strong safety culture. The transition will see Ryan Gurner serve as interim CEO following Tonkin's departure.
Key Points
  • Suresh Vadnagra appointed as Managing Director and CEO effective 5 October 2026.
  • Suresh Vadnagra previously worked at Glencore and Newcrest.
  • Stuart Tonkin to step down in the first quarter of FY27.
  • Ryan Gurner will be interim CEO until Vadnagra assumes the role.
  • Vadnagra’s appointment resulted from a detailed search process.
  • Michael Chaney, Chairman of the Board, expressed confidence in Vadnagra’s leadership.
  • The Board assessed multiple candidates from the gold and mining sector.
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.