Northern Star Resources Ltd · ASX:NST
Northern Star Resources — ESG Presentation (March 2022)
31 slides from Northern Star Resources's sustainability presentation, Mar 14, 2022
Slide 1: Sustainability in Gold Mining: ESG Roadshow
For personal use only Sustainability in Gold Mining ESG Roadshow March 2022
Slide 2: Forward Looking Statements, Reserves and Resources
Forward Looking Statements, Reserves and Resources Forward Looking Statements For personal use only Northern Star Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completene
Slide 3: Who We Are
For personal use only Who We Are
Slide 4: World Class Assets in Tier-1 Locations
World Class Assets in Tier-1 Locations For personal use only We are one of the world’s largest gold companies. Pogo 6.9Moz Resource 1.5Moz Reserve US (Alaska) Our mission is to generate superior returns for our shareholders, while providing positive benefits for our stakeholders, through operati
Slide 5: Living our Values
Living our Values For personal use only Our STARR Core Values are integral to the working lives of all our employees and operations. They define what it means to work at Northern Star. They are at the heart of our culture and the way we do business. Along with our Code of Conduct and our Group polic
Slide 6: Our Business
Our Business A global-scale gold producer with underground and open pit mines For personal use only 6
Slide 7: Our Approach to Sustainability
For personal use only Our Approach to Sustainability
Slide 8: Our Performance
Our Performance Delivering superior outcomes for our people, our communities and our planet underpins a sustainable and a For personal use only profitable outlook for our shareholders. CY2021 CY2020 1.13 Lost time injury frequency rate 0.44 Per million hours worked1 4.71 Total recordable injury freq
Slide 9: Remuneration Governance
Remuneration Governance SHORT-TERM INCENTIVE PERFORMANCE RIGHTS LONG-TERM INCENTIVE PERFORMANCE RIGHTS For personal use only (1 year performance period) 5% Environmental & Social ESG metrics Employee (20%) ESG metrics 5% Culture Survey Environment Reduce absolute carbon emissions (30%) Social Reduce
Slide 10: Safety - Industry Leader
Safety - Industry Leader Improvement, notwithstanding a significant increase in activities and people on our sites For personal use only Lost Time Injury Frequency Rate Total Recordable Injury Frequency Rate (12MM per million exposure hours) (12MM per million exposure hours) 3.0 10 9.1 2.5 ZERO 8 2.
Slide 11: Ambition to Net Zero by 2050
Ambition to Net Zero by 2050 For personal use only Net Zero ambition for Scope 1 & 2 GHG Emissions by 2050 2021 2030 Existing technology 2040 Innovation Indicative Scope 1 & 2 pathway (t CO2-e) Kalgoorlie Yandal Pogo Gas/Propane, Coal, Diesel + Renewable Energy - Wind Carbon Capture Gas, Diesel + Ba
Slide 12: Decarbonisation Strategy
Decarbonisation Strategy For personal use only Northern Star is committed to reduce its Scope 1 and 2 % of CY2021 Scope 1 & 2 Emissions % of CY2021 Scope 1 & 2 Emissions emissions by 35% by 2030, on the by region by sources way to net zero operational emissions by 2050. 3 17 This target is centr
Slide 13: 2030 Pathway to Reduce Emissions by 35%
2030 Pathway to Reduce Emissions by 35% For personal use only 13
Slide 14: Modern Slavery
Modern Slavery For personal use only MODERN SLAVERY SUPPLIER SURVEY: ~30% of Group suppliers surveyed (+125% from previous) Suppliers who responded to our CY2021 modern slavery supplier survey 846 2,807 Suppliers engaged Australian based suppliers: 2,227 United States based suppliers: 580 Incidences
Slide 15: Corporate Directory as at January 2022
Corporate Directory as at 1 January 2022 For personal use only Directors Michael Chaney AO Chairman Stuart Tonkin Managing Director & CEO John Fitzgerald Non-Executive Director, Chair of Audit & Risk Committee Mary Hackett Non-Executive Director, Chair of Environmental, Social & Safety Committee Nic
Slide 16: Valuing our Differences
Valuing our Differences Diversification of Fly-In-Fly-Out vs Residential workforce Female Participation For personal use only 5,300 total workforce; ~60% employees vs ~40% contractors 21.6% 23% 17% Labour turnover rates stabilising, following a rise in line with industry trends 16% 19.7% A b
Slide 17: Community Engagement & Partnerships
Community Engagement & Partnerships In 2021, Northern Star launched a voluntary relocation For personal use only assistance program to financially assist residents and landowners relocate from Williamstown (KCGM Operations). ‘Local Voices’ Program for the community of Kalgoorlie- Boulder and the
Slide 18: Northern Star Resources Limited
Northern Star Resources Limited ASX Code: NST For personal use only Business first. Investor Enquiries: Sophie Spartalis T: +61 8 6489 2488 E: investorrelations@nsrltd.com W: www.nsrltd.com 18
Slide 19: Appendices
For personal use only Appendices
Slide 20: Scope Emissions - Understanding our footprint
Scope 3 Emissions - Understanding our footprint For personal use only 2021: Build understanding of 4% 8% the scale and nature of our Upstream Transportation & Distribution Employee Commuting 15,872 t CO2-e 7,377 t CO2-e Scope 3 footprint 2022: Further research and 26% Fuel & Energy Related 62% a
Slide 21: Water Management
Water Management Water Consumption For personal use only Improvement in withdrawal intensity; Increase in water usage from addition of new assets (post-merger) CY2021 CY2020 ML ML/oz sold ML ML/oz sold Total Water Withdrawal & Intensity 48,442 0.032 34,249 0.035 Net Total Water Consumption & Intensi
Slide 22: Hazardous Materials - Cyanide Management
Hazardous Materials - Cyanide Management Sodium Cyanide is used in gold processing For personal use only Cyanide Code (The International Cyanide Management Code For the Manufacture, Transport, and Use of Cyanide in the Production of Gold) All suppliers and transporters of sodium cyanide to our o
Slide 23: Tailings Management
Tailings Management Strengthened Oversight and Governance For personal use only Active review of management of tailings facilities against both internal and external standards Commenced gap analysis to the Global Industry Standard on Tailings Management Committed to achieve full conformance wi
Slide 24: Sustainable Development Publications
Sustainable Development Publications For personal use only 2021 Annual Report 2021 Sustainability Report 2021 Sustainability 2021 GRI, SDG & SASB Index Performance Data Tables 2021 Tailings Disclosures 2020-2021 Workplace Gender 2021 Modern Slavery 2021 Corporate Governance & Equality Report Stateme
Slide 25: Northern Star Memberships
Northern Star Memberships For personal use only Chamber of Minerals and Energy Alaska Miners Association Association of Mining and Council of Alaska Producers Exploration Companies Chamber of Commerce National Mining Association (US) and Industry WA Committee for Perth 25
Slide 26: Value creation strategy
Value creation strategy For personal use only RESPONSIBLE PROFITABLE LOWER LONG MINE PREMIUM EESG GROWTH COSTS LIFE VALUATION SUPERIOR SUSTAINABLE SUSTAINABLE SUSTAINABLE SUSTAINABLE SHAREHOLDER NST ~2Mozpa 1st HALF COSTS +20 YEARS RETURNS Net Zero ambition 3-5 world class Growth in Target +20Moz En
Slide 27: A simple business - Three large-scale production centres
A simple business - Three large-scale production centres Kalgoorlie to 1.1Mozpa Yandal to 600kozpa Pogo to 300kozpa For personal use only Reserves: 314Mt @ 1.5g/t for 15.0Moz Reserves: 67Mt @ 2.1g/t for 4.5Moz Reserves: 5.9Mt @ 8.0g/t for 1.5Moz Resources: 666Mt @ 1.8g/t for 37.6Moz Resources: 141Mt
Slide 28: Balance Sheet - robust and flexible
Balance Sheet - robust and flexible Liquidity Position at 31 December 2021 Disciplined capital allocation: For personal use only Balance between re-investment (organic / inorganic), dividends, retained earnings As at Financial metrics 31 Dec 2021 54% 46% A$1.29B Measure Target Range Leverage Ratio
Slide 29: On track to meet full year guidance
On track to meet full year guidance For personal use only Gold production weighted towards FY22 GUIDANCE UNITS KALGOORLIE YANDAL POGO TOTAL* second half of FY22, driven by increasing grades at Yandal and Gold Production koz 900 - 950 430 - 450 220 - 250 1,550 - 1,650 increasing mining rates at Pogo;
Slide 30: Future growth embedded in existing asset base
Future growth embedded in existing asset base Group production outlook For personal use only Production growth to 2Moz per year with declining Moz A$/oz AISC as quantity/quality of ounces increase 2.0 1,600 Kalgoorlie to 1.1Moz per year KCGM increasing to 650koz in FY26 and 700koz in FY28, drive
Slide 31: Executing our clearly defined strategy
Executing our clearly defined strategy For personal use only Production growth Increasing cash embedded in existing returns to asset base shareholders Advancing future Responsible producer organic growth with proven track opportunities record Strong cash flow Active portfolio generation and manageme
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