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Northern Star Resources Reports FY 2021 Financial Results

25 Aug 2021  |  08:10:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY21 Financial Results

Northern Star Resources reported its first financial results since merging with Saracen Mineral Holdings. It reported annualised gold sales were 1,595koz at an average price of A$2,277/oz with an AISC of A$1,483/oz. At 30 June 2021, the Company had total available liquidity of A$1,141m, before proceeds of the A$400m sale of the Kundana Assets received on 18 August 2021. In FY 2021, the Company has recognised asset impairments of A$546m.

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