Tag: Jundee

2019 was indeed a year to remember for Northern Star Resources. The company signed off the December quarter as a 1moz  per year gold producer, with four Tier 1 assets in its portfolio: the Jundee and Kalgoorlie mines, a half–share in the Kalgoorlie Super Pit, and the world-class Pogo mine in Alaska. Chiefly engaged in the exploration of gold deposits, the business’ fully-owned Australian operations ­­- the Jundee and Kalgoorlie mines in the Goldfields of WA - exceeded guidance with 169,584oz of gold sold at an all-in sustaining cost (AISC) of $1263/oz. The Kalgoorlie operations comprise of Kanowna Belle, South Kalgoorlie, and East Kundana, a joint venture (Northern Star 51pc, Rand and Tribune 49pc) project comprising three producing underground deposits:...

All images: Northern Star.   BY ELIZABETH FABRI   NORTHERN Star’s 600,000 ounce per annum production target rate was ticked off the list in June. Now, the miner’s focus turns back to exploration to firm up reserves and – with luck – find the next big Goldfields deposit.   Four years ago, Northern Star was fresh from completing its landmark Jundee and Kalgoorlie operations acquisitions. At the time the miner only had one producing asset to its name, the 100,000ozpa Paulsens mine. In a few short years Northern Star has spent $200 million on exploration, adding 5 million ounces of reserves and more than 9moz of resources; and its market cap has responded in kind, growing from $424 million in...