Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Macquarie Australia Conference 2020
18 slides from Northern Star Resources's conference presentation, May 6, 2020
Slide 1: A rapidly growing tier-1 gold miner - for global investors
For personal use only A rapidly growing tier-1 gold miner - for global investors Macquarie Australia Conference - May 2020
Slide 2: Resources & Reserves
Resources & Reserves Ore reserves and mineral resources reporting of Northern Star For personal use only This presentation contains estimates of Northern Star's ore reserves and mineral resources, as well as statements about KCGM's mineral resources and mineral reserves. The information in this pres
Slide 3: Forward Looking Statements
Forward Looking Statements 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, completeness or correctness of the
Slide 4: Early adopters of ESG and our assets are in Tier-1 areas
Early adopters of ESG and our assets are in Tier-1 areas Our Sustainability Vision For personal use only “Delivering responsible environmental and social business practice that lead to both the creation of strong economic returns for our Shareholders, and shared value for our Stakeholders.” Sustaina
Slide 5: COVID-19: Swift reaction, long term value preservation
COVID-19: Swift reaction, long term value preservation Social Responsibility and the health and safety of all Stakeholders sits at the very core of For personal use only ▪ the Northern Star business ▪ NST moved early and decisively to implement a suit of strict COVID-19 mitigation measures, both at
Slide 6: Value Creation – delivering returns to Shareholders
Value Creation – delivering returns to Shareholders ▪ Northern Star’s strategy of balancing organic growth with well executed M&A has generated For personal use only over A$8.3B of value for Shareholders since the first acquisition in 2010 ▪ This strategy has been achieved through operational excell
Slide 7: Growing cash generation, balance sheet flexibility
Growing cash generation, balance sheet flexibility ▪ One of the key differentiators of the Northern Star business is our balance sheet; this strength For personal use only has allowed for counter cyclical acquisitions and sector leading returns to Shareholders ▪ Post KCGM acquisition moderate gearin
Slide 8: March Quarter FY20 – Key Highlights
March Quarter FY20 – Key Highlights For personal use only Set up a COVID-19 Underlying FCF of manageable, 239koz sold at an A$89M (after operational and AISC of A$1,590/oz investing ~A$66M in profitable platform growth capital) Pogo momentum Successful Creation of an continues with completion of the
Slide 9: KCGM consolidates Northern Star's Kalgoorlie footprint
KCGM consolidates Northern Star’s Kalgoorlie footprint For personal use only NST Managed ▪ Northern Star has Tenure KCGM Tenure (NST 50%) accumulated unprecedented Newmont Tenure (NST 100%) exposure to the world-class Major Structural Kalgoorlie mineral district, which has Trend produced +100Moz of
Slide 10: The World Class Golden Mile and Mt Charlotte Systems
The World Class Golden Mile and Mt Charlotte Systems MT CHARLOTTE GOLDEN MILE (Fimiston) Years of Operation: 1963 – Present Years of Operation: 1893 – Present For personal use only Production / Oz 48.2Mt @ 3.7g/t Mined Production / Oz Produced 414.2Mt @ 5g/t Mined Produced (1963- Oct 2019) 5.5Moz Pr
Slide 11: Integration of KCGM adds another Tier-1 asset
Integration of KCGM adds another Tier-1 asset Extends portfolio mine life, adding meaningful production beyond 2030 For personal use only 1. Kalgoorlie Operations (100%) Mine type: U/G Australia US Processing: CIL / CIP plant with throughput (Alaska) of 3.2Mtpa YTD1 FY20 sold: 238koz Au YTD1 FY20 AI
Slide 12: Pogo: Inflection point reached, momentum maintained
Pogo: Inflection point reached, momentum maintained For personal use only Pogo FY20 Production ▪ Despite COVID-19 related disruption, Pogo’s transition plan remains intact with March quarter maintaining positive momentum following the December 9.0 quarter inflection point 48,773 50,000 45,051 ▪ 68%
Slide 13: Jundee: Mill expansion on schedule
Jundee: Mill expansion on schedule For personal use only ▪ March quarter FY20: 75koz mined and 53koz sold at an AISC of A$1,389/oz (US$915/oz) ▪ A$22M plant upgrade increasing capacity from 2.2Mtpa to 2.7Mtpa; on track for commissioning in the June 2020 quarter ▪ Substantial 60koz gold stockpile pre
Slide 14: Kalgoorlie: Poised for a stronger June quarter
Kalgoorlie: Poised for a stronger June quarter For personal use only ▪ March quarter FY20: 77koz mined and 77koz sold at an AISC of A$1,619/oz (US$1,066/oz) ▪ COVID-19 disruption, the suspension of mining at Raleigh underground (pending further NST evaluation) and the processing of lower grade stock
Slide 15: Appendix
For personal use only Appendix
Slide 16: Longer term KCGM growth potential
Longer term KCGM growth potential KCGM GROWTH PROJECTS ▪ Mineralisation not extracted by For personal use only previous underground mining. This includes parallel structures, high FIMISTON grade pillars and fill materials around UNDERGROUND historic workings, in addition to unmined lodes beneath the
Slide 17: Fimiston Underground Potential
Fimiston Underground Potential Fimiston Plan View Fimiston Cross Section C-D For personal use only ▪ Total production on the Golden Mile for past F C D 125 years has totalled ~62Moz A B ▪ Drilling by KCGM between 2016 and 2018 (section C-D) demonstrates that there are unmined ore lodes amongst the h
Slide 18: Northern Star Resources Limited
For personal use only Northern Star Resources Limited ASX Code: NST An Australian gold miner – for global investors Investor Enquiries: Kurt Walker Level 1, 388 Hay Street, Subiaco 6008 Western Australia T: +61 8 6188 2100 E: info@nsrltd.com W: www.nsrltd.com Inventum 3D Page Links click here 18
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