Northern Star Resources Ltd (ASX:NST)
A$ 20.59 +0.67 (+3.36%) Market Cap: 28.43 Bil Enterprise Value: 29.36 Bil PE Ratio: 17.52 PB Ratio: 1.94 GF Score: 96/100

Northern Star Resources Ltd Operational Update Transcript

Jan 05, 2026 / 03:00AM GMT
Release Date Price: A$24.95 (+2.13%)
Operator

Thank you for standing by. Welcome to the Northern Star operational update.

(Operator Instructions)

I would now like to hand the conference over to Stuart Tonkin, Managing Director and CEO. Please go ahead.

Stuart Tonkin
Northern Star Resources Ltd - Chief Executive Officer, Managing Director, Executive Director

Good morning and thanks for joining us on the call.

With me today is our Chief Financial Officer, Ryan Gurner; and Chief Operating Officer, Simon Jessop.

On Friday, we provided an operational update on the back of a soft December quarter. Subsequently, we have revised down our annual production guidance to now 1.6 million to 1.7 million ounces from 1.7 million to 1.85 million ounces.

A full-year reduction has been necessary due to a number of isolated operational events late in the December quarter, which have largely now been rectified. Simon will talk to these shortly.

This positions the group to deliver second-half production of 871,000 to 971,000 ounces. We will be providing December

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