Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Macquarie Securities Conference 2018
16 slides from Northern Star Resources's conference presentation, May 1, 2018
Slide 1: An Australian gold miner – for global investors
For personal use only An Australian gold miner – for global investors Macquarie Securities Conference - May 2018
Slide 2: Disclaimer – Competent Persons Statements
Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Project areas is based on information compiled by Darren Cooke, a Competent Person who is a Me
Slide 3: Introduction – Globally Relevant Gold Miner
Introduction – Globally Relevant Gold Miner ASX 100, top 25 global gold producer with all mines in Western Australia; ~550koz per annum For personal use only at an AISC of ~A$1,025/oz* (US$770/oz) Paulsens Operations +3Moz Gold Camp Central Tanami Project Market cap is A$3.8B, with a sector-leading
Slide 4: A proven track record of outperformance
A proven track record of outperformance Over the last 5 years Northern Star has outperformed both the US Gold Price and its GDX Indexed Top 50 For personal use only gold mining listed peers significantly NST Share Price vs GDX Gold Miners Index and Gold Price 700 405% 600 500 400 300 200 100 -21% -4
Slide 5: Organic growth - delivering returns to Shareholders
Organic growth - delivering returns to Shareholders NST has been able to consistently grow production, resource and reserve life on a per share basis for its For personal use only Shareholders since 2010 In FY2017 Reserves were added at a cost of just A$24/oz and delivered a 10 year mine life visibi
Slide 6: Organic growth - delivering returns to Shareholders
Organic growth - delivering returns to Shareholders This strategy of organic growth has generated over A$3.36B of value for Shareholders since the companies first gold acquisition in 2010 and only 8% of this value uplift has been from equity raised For personal use only NST has achieved this through
Slide 7: Sector leading ROIC and Total Capital Returns
Sector leading ROIC and Total Capital Returns NST currently delivers the highest total capital return and return on invested capital of its peers in the GDX For personal use only over the past five years NST plans to continue to invest in the business to further leverage these sector leading returns
Slide 8: Sector leading profitability and lowest quartile capital intensity
Sector leading profitability and lowest quartile capital intensity NST is positioned well to continue to deliver sector leading EBITDA margins compared to its GDX peers For personal use only The business stands to benefit by growing production with some of the lowest levels of capital intensity in t
Slide 9: Growth around our WA Assets has been the core focus
Growth around our WA Assets has been the core focus Globally there are only 23 mines producing over 300kozpa in Tier 1 mining jurisdictions; production is declining in these regions due to a lack of discoveries and significant Reserve depletion For personal use only NST has two mines that will short
Slide 10: Jundee restored to world class status: Life beyond 3Moz
Jundee restored to world class status: Life beyond 3Moz FY2018 Guidance 245,000-265,000oz For personal use only at an AISC of A$950-A$1,000/oz (US$712-US$750/oz) Growing production to a 300,000ozpa within the next two years The Zodiac high-grade discovery at Jundee was recently announced and is not
Slide 11: Kalgoorlie Operations: Pathway to 300kozpa secured
Kalgoorlie Operations: Pathway to 300kozpa secured FY2018: Guidance 245,000-265,000oz at an AISC of For personal use only A$1,000-A$1,050/oz (US$750-US$787/oz) Resources of 4.5Moz up 25% and Reserves of 2Moz up 117%, despite depletion of 229koz Organically growing to a 300,000ozpa run rate later thi
Slide 12: Kalgoorlie Operations: Pathway to 300kozpa secured
Kalgoorlie Operations: Pathway to 300kozpa secured Demonstrates a “win-win” deal with sensible M+A For personal use only NST has acquired an additional 1.2Mtpa mill capacity for † Kalgoorlie Ops including a 4Moz JORC Resource 30koz-40kozpa operating HBJ underground mine Significant localised explora
Slide 13: Central Tanami Project: Emerging Growth Region
Central Tanami Project “CTP”: Emerging Growth Region The Tanami region is an exciting new area that is For personal use only rapidly developing a reputation for major gold discoveries The CTP has produced 2.1Moz, an average of 120kozpa, from open pit mining to a depth of <125m Production ceased afte
Slide 14: Northern Star Innovation & Technology – a strategic advantage
Northern Star Innovation & Technology – a strategic advantage Northern Star is committed to continue expanding on our specialist underground mining, geology and processing capability – significant opportunities exist to leverage these For personal use only disciplines for future growth NST will inve
Slide 15: Northern Star: Now ticking every box
Northern Star: Now ticking every box Superior financial returns: 3-year average 35% Return on Equity and 28% Return on Invested For personal use only Capital and a 5-year TSR average of 186% High quality assets: 10-year mine life visibility; two mines capable of producing 300,000ozpa each within thi
Slide 16: Northern Star Resources – Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – info@nsrltd.com Website – www.nsrltd.com 16
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