What's Happening?
Northern Star Resources has announced gold sales of 381,055 ounces at an all-in sustaining cost (AISC) of A$2,522 per ounce for the September 2025 quarter. The company continues to advance its growth and
capital programs across its operations in Australia and North America. Gold sales included 202,812 ounces from Kalgoorlie, 113,422 ounces from Yandal, and 64,821 ounces from Pogo. The company reiterated its 2026 financial year gold sales guidance of between 1.7 million and 1.85 million ounces. Despite temporary disruptions at Jundee and South Kalgoorlie, Northern Star expects to resolve these issues within the quarter, forecasting a reduction in December-quarter gold sales by up to 20,000 ounces.
Why It's Important?
Northern Star's performance is significant for the gold mining industry, reflecting robust operational capabilities and strategic growth initiatives. The company's ability to maintain its sales guidance despite operational challenges underscores its resilience and effective management. This stability is crucial for investors and stakeholders, as it suggests continued profitability and potential for future expansion. The ongoing investment in major growth projects, such as the KCGM mill expansion, highlights Northern Star's commitment to enhancing production capacity and efficiency, which could lead to increased market share and influence in the global gold market.
What's Next?
Northern Star plans to resolve operational disruptions at Jundee and South Kalgoorlie during the December quarter, with affected volumes scheduled for processing over the remainder of the financial year. The company aims to deliver between 550,000 and 600,000 ounces from KCGM for the 2026 financial year, with expectations of increased mining productivity. Stakeholders will be watching closely to see how Northern Star navigates these challenges and whether it can achieve its ambitious production targets.
