Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (September 2014)
24 slides from Northern Star Resources's investor presentation, Sep 11, 2014
Slide 1: Northern Star Resources: An Australian gold miner for global investors
For personal use only Northern Star Resources An Australian gold miner – for global investors September 2014
Slide 2: Disclaimer
Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to mineral resource and reserve estimations, exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled
Slide 3: 100,000ozpa to 600,000ozpa in one year
100,000ozpa to 600,000ozpa in one year For personal use only Last year NST was producing 100,000ozpa at AISC of ~A$1,000oz Key goal was to grow production substantially while maintaining margins and total Shareholder returns Paulsens +700koz Gold Camp Aimed to achieve critical mass, low costs, diver
Slide 4: Proving good M&A does pay
Proving good M&A does pay Immediate success in bedding down the four acquisitions – no For personal use only indigestion Built the team before we bought the assets, started this 18 months ago June Quarter gold sold totalled 115,820oz and AISC of A$1,032/oz from Paulsens, Plutonic, Kanowna Belle and
Slide 5: The next target
The next target Production and costs now at or better than target levels For personal use only Two-pronged focus: Maintain production and cost performance with ongoing emphasis on productivity and further cost reductions Grow mineral inventory needed to underpin long mine lives at each operation Our
Slide 6: Emerging Pipeline – targets in 2014-2015
Emerging Pipeline – 84 targets in 2014-2015 PROJECT DISCOVERY RESOURCE FEASIBILITY RESERVE PRODUCTION For personal use only Paulsens Gold Project Southern Gabbro Titan, Voyager 2 Extensions Titan, Voyagers, UL Regional Belvedere Plutonic Mine Ashburton Kazput (Coal) Peake Regional Waugh East Waugh E
Slide 7: Company Highlights for the Year to June 2014
Company Highlights for the Year to 30 June 2014 Record sales revenue of A$296.9m from 215,419oz produced at AISC A$1,094/oz (includes $30/oz non-cash items) For personal use only Underlying Net Profit: A$38.6m including one-offs of acquisition costs A$7.4m and redundancies A$7.2m for a statutory pro
Slide 8: Financial Highlights for the Year to June 2014
Financial Highlights for the Year to 30 June 2014 For personal use only 8
Slide 9: Paulsens: the cornerstone
Paulsens: the cornerstone Located in the Ashburton region of WA For personal use only First production in 2005; Total production to date of 700Koz June 2014 quarter was a site record FY2015 guidance 80,000-90,000oz at AISC of A$1,100-1,150/oz Strong track record of increasing productivity and produc
Slide 10: Paulsens: New mineralisation
Paulsens: New mineralisation Voyager 2 is now becoming a substantial production lode For personal use only Titan discovery: Ore now being accessed and latest drilling continues to extend know mineralisation New Galileo discovery made 300m from existing mine infrastructure, drilling continues with as
Slide 11: Plutonic: years young
Plutonic: 24 years young Purchased from Barrick Gold for $25 million, For personal use only settled 1 February 2014 Located in the Upper Murchison region of WA First production in 1990; Consistent production with 5.3Moz to date FY2015 guidance 100,000-110,000oz at AISC of A$1,250-1,300/oz Resources
Slide 12: Plutonic: Much more to come
Plutonic: Much more to come For personal use only Numerous opportunities to grow inventory through conversion of resources to reserves (historic conversion rate of 50%) Significant opportunity exists to bring in-mine deposits into production with minimal capital (Baltic Extension, Pacific East and C
Slide 13: Plutonic: Much more to come
Plutonic: Much more to come For personal use only 100 0 (m) 100 Scale 13 Page 13
Slide 14: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address Part of the 2nd purchase from Barrick Gold for For personal use only $75 million, settled 1 March 2014 Located 18km north-east of Kalgoorlie First production in 1994; Total production of 4.8Moz (Dec 2013), consistent production FY2015 guidance 80,000-85,000o
Slide 15: Jundee: Still one of Australia's best mines
Jundee: Still one of Australia’s best mines Located 50km from Wiluna in WA For personal use only First production in 1995; Consistent production with 6.1Moz to date FY2015 guidance 190,000-205,000oz at AISC of A$1,000-1,050/oz Zero bedding down issues with 23,400oz poured in July Reserves over the p
Slide 16: Jundee: Still one of Australia's best mines
Jundee: Still one of Australia’s best mines For personal use only 16 Page 16
Slide 17: Jundee: Still one of Australia's best mines
Jundee: Still one of Australia’s best mines For personal use only 17 Page 17
Slide 18: Kundana: A Corridor of Riches
Kundana: A Corridor of Riches Part of the 2nd purchase from Barrick Gold for For personal use only $75 million, settled 1 March 2014 Located 20km west of Kalgoorlie First production mid-1990s; Total production of 2.5Moz (Dec 2013) FY2015 guidance 100,000-110,000oz at AISC of A$800-850/oz Resources o
Slide 19: Kundana: A Corridor of Riches – Fly through
Kundana: A Corridor of Riches – Fly through For personal use only 19
Slide 20: Team With a Track Record
Team With a Track Record Shares Options Board - Successful record in discovering and developing mines For personal use only Total 587M 1.5M BILL BEAMENT Managing Director (Mining Engineer) * As at 10 September 2014 Non-Executive Chairman – Independent CHRIS ROWE (Barrister and Solicitor) Share price
Slide 21: FY15 Guidance
FY15 Guidance FY15 Guidance of 550koz to 600koz at an AISC of A$1,050-A$1,100/oz For personal use only Capital Expenditure of A$100-A$110m, 95% of which will be spent on sustaining capital and ~$5m to bring the Pegasus deposit into production Midpoint of FY 15 Guidance 550-600koz at A$1,050-A$1,100/
Slide 22: Why Invest in Northern Star
Why Invest in Northern Star Global-scale gold miner with all assets in Australia – second For personal use only biggest ASX-listed gold producer Critical mass from 600,000ozpa production; asset diversity from five high-grade, low-cost mines (ASIC A$1,050/oz) with robust margins Focused on generating
Slide 23: Northern Star Resources: Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Bill Beament – Managing Director +61 8 6188 2100 Email – info@nsrltd.com / Website – www.nsrltd.com August 2014
Slide 24: Appendix – Resource & Reserve Statement
Appendix – Resource & Reserve Statement GOLD MINERAL RESOURCES GOLD MINERAL RESERVES As at 30 June 2014 MEASURED (M) INDICATED (I) INFERRED (Inf) TOTAL (MI&Inf) As at 30 June 2014 PROVED PROBABLE PROVED and PROBABLE Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonn
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