Northern Star Resources Ltd (AU:NST) has released an update.
Northern Star Resources Ltd reported robust operational and financial results for the March 2024 quarter, selling 400,825 ounces of gold at an all-in sustaining cost (AISC) of A$1,844/oz. The company’s KCGM operations led with strong free cash generation, and despite challenging weather conditions and revised cost guidance, Northern Star maintains its FY24 production guidance. The firm ended the quarter with a strong balance sheet, highlighted by A$174 million in net cash after a substantial interim dividend.
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