Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Sydney Mining Club (February 2017)
14 slides from Northern Star Resources's conference presentation, Feb 23, 2017
Slide 1: Northern Star Resources Sydney Mining Club
For personal use only Northern Star Resources Sydney Mining Club An Australian gold miner – for global investors February 2017
Slide 2: Disclaimer
Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Paulsens and Jundee Project areas is based on information compiled by Br
Slide 3: Third biggest Australian listed Gold Miner
Third biggest Australian listed Gold Miner Northern Star is an ASX100 Australian stock exchange listed gold miner For personal use only Paulsens & Ashburton Strong balance sheet; no debt; A$303M in cash Operations +3Moz Gold Camp Central Tanami Project & equivalents 31 Dec 2016 +5Moz Gold Camp Marke
Slide 4: Financial Highlights for 1H FY2017
Financial Highlights for 1H FY2017 Record 1H FY2017 net profit after tax of A$104.6m, up 61% on the previous corresponding period (pcp) ForA$(m)personal use only Earnings per share growth of 60% to a record of A17.4¢ EBITDA of A$218.8m up 21% EBITDA margin growth of 24% to 53% Underlying free cash f
Slide 5: Efficiently allocating investors capital
Efficiently allocating investors capital In the first half NST generated a sector leading annualised return of invested capital of 38% For personal use only Since 1H FY2014 NST has generated an average annualised return of invested capital of 23% in each half Capital is forced to compete internally
Slide 6: Another strong half of free cash flow generation
Another strong half of free cash flow generation NST generated underlying free cash flow of A$56m at an average gold price of A$1,683/oz For personal use only During the half year NST invested A$61m in exploration and expansionary CAPEX to grow production in the coming years In 1H FY2017 NST sold 22
Slide 7: Details of Financials
Details of Financials Earnings per share grew by 60% to A17.4¢ps, whilst EBITDA grew 21% to A$218.8m in 1H17 For personal use only FINANCIAL OVERVIEW [a] Half Year Ended Half Year Ended A$'000 % A$’000 31 Dec 2016 31 Dec 2015 Change Change Revenue 415,485 425,311 (9,826) (2%) EBITDA [1] 218,803 180,
Slide 8: FY2017: Production and Cost Guidance
FY2017: Production and Cost Guidance Total gold production of 485,000-515,000oz at an AISC of A$1,000-A$1,050/oz (US$750-$788/oz) For personal use only A$130M to be spent on investing capital following on from the great successes in FY2016, including; A$60M for targeted drilling to bring more
Slide 9: Jundee: A big mine…..and getting bigger
Jundee: A big mine…..and getting bigger FY16: Resources 1.25Moz and Reserves up 21% to 720,000oz, even after mining 228koz For personal use only FY16: 210,000oz sold at an AISC of A$1,007/oz FY17: Guidance 220,000-230,000oz at an AISC of A$1,000-A$1,050/oz 6.75Moz of continuous gold production over
Slide 10: Kalgoorlie Operations: Rapid, low-cost growth
Kalgoorlie Operations: Rapid, low-cost growth FY16: Resources 3.6Moz, up 17% and Reserves up 0.9Moz up 48%, after mining 216koz FY16: 207,000oz sold at an AISC of A$837/oz For personal use only FY17: Guidance 200,000-210,000oz at an AISC of A$950-A$1,000/oz 6.45Moz of gold production over the past 2
Slide 11: Kalgoorlie Operations: Rapid, low-cost growth
Kalgoorlie Operations: Rapid, low-cost growth Kanowna extension at depth and along strike; For personal use only Gold Drill out depth extension to +5Moz orebody, Gram Metres historically averaging 4Koz per vertical metre Continue to define Velvet discovery (recent result of 47.9m at 83.1gpt) and bri
Slide 12: Kalgoorlie Operations: Rapid, low-cost growth
Kalgoorlie Operations: Rapid, low-cost growth Ramp up production at Kundana JV: For personal use only Link Hornet, Rubicon and Pegasus orebodies with a decline which will also offer numerous production fronts and provide the drill platform to make another step change in mineral inventory Page 12 22
Slide 13: Kalgoorlie Operations: Rapid, low-cost growth
Kalgoorlie Operations: Rapid, low-cost growth Evaluate production at historical 100% NST owned Kundana mines: Barkers, Strzelecki, Centenary, For personal use only Pope John Past production of 1.25Moz at 6gpt between 1990-2004 Each of these ore surfaces historically produced 50-60koz per annum Page
Slide 14: Northern Star Resources
For personal use only Northern Star Resources An Australian Mid Cap gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – info@nsrltd.com / Website – www.nsrltd.com February 2017
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