Gold miner Northern Star Resources has posted a steady quarterly result, with the company confident it will hit its 2018 output target of 600,000 ounces per annum.
Gold miner Northern Star Resources has boasted a 5 per cent fall in costs while reporting an increase in sales for the March quarter.
Gold miner Northern Star Resources has increased its dividend payout after confirming a 65 per cent jump in full - year profit, on the back of higher gold prices and a reduction in costs.
Not exact matches
West Perth - based
miner Metals X has hit back at
Northern Star Resources» bid for Tanami
Gold's Central Tanami project with claims that the deal conflicted with legally - binding obligations.
Gold miners operating in Western Australia performed solidly in the three months to December, with
Northern Star Resources, Independence Group and Evolution Mining all posting strong results.
Global
miner Newmont Mining will spend up to $ 120 million expanding its Tanami
gold project in the
Northern Territory, including construction of a second decline in the underground mine and upgrades to the plant's capacity.
Local
gold miners continue to prove there is still money to be made in Western Australia's resources playground, with
Northern Star Resources, Metals X, Ramelius Resources and Saracen Mineral Holdings all closing higher on the ASX.
Compared to other companies in the NYSE ARCA
Gold Miners Index (GDM),
Northern Star is a sector leader in a number of factors, including five - year cash flow return on invested capital.
(Kitco News)-
Miners could not even see Canada's biggest
gold deposit until «glacier receded» and uncovered what lay beneath, according to one mining executive with operations in
northern British Columbia.
Many Canadian
miners such as Barrick,
Northern Star, Newcrest, Agnico Eagle and Detour
Gold Corporation have reduced their all - in sustaining costs (AISC) and have provided guidance of further reduced levels for 2016, the report stated.
The market's largest producers, including Newcrest Mining, Evolution Mining and
Northern Star Resources, have also benefited from recognition that the recent rise in the US - dollar
gold price, a weak local currency and lower costs across the sector have created significant positive tailwinds for Australian
gold miners.
At the other end is the Market Vectors Junior
Gold Miners ETF (GDXJ), which holds junior gold equities such as Northern Star, OceanaGold and Evolution Min
Gold Miners ETF (GDXJ), which holds junior
gold equities such as Northern Star, OceanaGold and Evolution Min
gold equities such as
Northern Star, OceanaGold and Evolution Mining.
Holdings in the
Gold and Precious Metals Fund (USERX), World Precious Minerals Fund (UNWPX) and Global Resources Fund (PSPFX) as a percentage of net assets as of 6/30/2014: Atico Mining Corp. (USERX 1.03 %, UNWPX 0.52 %)-RRB-; Avala Resources Ltd. 0.00 %; Barrick
Gold Corp. (PSPFX 0.02 %); Coeur Mining Inc. (USERX 0.24 %, UNWPX 0.24 %); Comstock Mining Inc. (USERX 3.57 %, UNWPX 2.12 %); Detour
Gold Corp. (USERX 4.94 %, UNWPX 1.85 %); Dunav Resources Corp. 0.00 %; Dundee Precious Metals Inc. (PSPFX 0.49 %, USEX 5.15 %, UNWPX 3.16 %); Fortuna Silver Mines Inc. (USERX 1.14 %, UNWPX 0.36 %); Franco - Nevada Corp. (PSPFX 2.21 %, USERX 2.45 %, UNWPX 1.16 %); Fresnillo Plc 0.00 %; Goldcorp Inc. (USERX 0.07 %, UNWPX 0.07 %); Gran Colombia
Gold Corp. (PSPFX 3.20 %, USERX 5.54 %, UNWPX 6.54 %); Kinross
Gold Corp. (USERX 0.14 %, UNWPX 0.05 %); Klondex Mines Ltd. (PSPFX 1.34 %, USERX 6.58 %, UNWPX 6.60 %); Market Vectors Junior
Gold Miners ETF (USERX 0.55 %, UNWPX 0.55 %); Newmont Mining Corp. (PSPFX 0.01 %, USERX 0.12 %, UNWPX 0.11 %);
Northern Star Resources Ltd. (USERX 2.50 %, UNWPX 0.24 %); Orex Minerals Inc. (UNWPX 1.27 %); Osisko Mining Corp. 0.00 %; Pretium Resources Inc. (UNWPX 3.07 %); Randgold Resources Ltd. (USERX 2.09 %, UNWPX 1.34 %); Royal
Gold Inc. (PSPFX 2.18 %, USERX 3.14 %, UNWPX 0.91 %); Sabina
Gold & Silver Corp. 0.00 %; SEMAFO Inc. (USERX 3.27 %, UNWPX 1.13 %); Virginia Mines Inc. (UNWPX 5.48 %)