Northern Star Resources receives approval for $1.5b KCGM expansion
Northern Star Resources receives approval for $1.5b KCGM expansion Northern Star Resources (ASX:NST) has received approval for the $1.5b mill expansion of its Kalgoorlie consolidated gold mines (KCGM). With a mineral resource of 28.3moz and an ore reserve of 12.2moz, Northern Star’s KCGM operation is one of the world’s largest and most significant gold mines. Under the three-year construction process, the capacity of the processing circuit, centred on the Fimiston processing plant, will increase from 13mtpa to 27mtpa by FY29. The new plant will have a high level of process automation, control and condition monitoring. Increasing the throughput capacity will increase gold production and reduce unit rate processing costs,...