Gold miner Northern Star reports cash earnings of A$1 billion in FY22

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gold mining Australia Gold miner Northern Star reports cash earnings of A$1 billion in FY22

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Northern Star also reported FY22 underlying EBITDA of A$1,517 million and cash earnings of A$1,022 million , showcasing the quality of the company’s assets to adapt to all operating environments. Importantly, the company noted it is well positioned to deliver 1,560koz – 1,680koz gold at an AISC of A$1,630-1,690/oz in FY23. Gold sold is expected to be weighted towards H2 as a result of the scheduled ramp up of the Thunderbox mill expansion and Pogo stoping schedule.

 

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