Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Shareholder Meeting (November 2015)
19 slides from Northern Star Resources's shareholder meeting presentation, Nov 30, 2015
Slide 1: Northern Star Resources AGM November 2015
For personal use only Northern Star Resources An Australian gold miner – for global investors AGM November 2015
Slide 2: Disclaimer: Competent Persons Statements
Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Kanowna, EKJV, Kundana and Carbine Project areas is based on information compiled by Darren Co
Slide 3: Introduction - Third biggest Australian listed Gold Miner
Introduction - Third biggest Australian listed Gold Miner We are the third-biggest gold miner on the Australian stock exchange by both market For personal use only Paulsens & Ashburton cap and production Operations +3Moz Gold Camp Central Tanami Project +5Moz Gold Camp Market cap is A$1.5B and we ar
Slide 4: FY15 – Another golden year for NST
FY15 – Another golden year for NST Key Operational, Resource & Financial Outcomes For personal use only Record mine production of Total Resources increased by Pegasus resource increased 622koz, up 154% 44% to 8.9Moz* to over 1.2Moz* at 11.2gpt Gold Sold increased by 177% Measured/Indicated Category
Slide 5: Environment and Social Responsibility (ESR)
Environment and Social Responsibility (ESR) Developed a fit for purpose ESR function to manage the For personal use only company’s related risks and opportunities. ESR’s primary goal is to responsibly secure and maintain access to mineral resources. As part of this strategy, the Company continues to
Slide 6: Efficiently Allocating Capital – Organically & Inorganically
Efficiently Allocating Capital – Organically & Inorganically NST has averaged an Return on Invested Capital of 29% through a combination of organic and inorganic value adding growth; For personal use only Across the portfolio of assets NST to date has achieved an average IRR of 87% NST has averaged
Slide 7: A business first, mining is how we deliver value
A business first, mining is how we deliver value The Company has averaged a Total Shareholder Return (TSR) of +200% and a Return on Equity of 43% per annum for the last 5 years by acquiring world class gold mines and implementing its operating model For personal use only Generated a record A$185.6M
Slide 8: Resource additions for the Year to June 2015
Resource additions for the Year to 30 June 2015 The FY15 A$50m exploration spend achieved a 2.7Moz Resource increase at a discovery cost of A$19/oz Total Resource increased by 44% to 8.9Moz*, even after mining 622,000oz For personal use only The Measured and Indicated Resource increased by 42% to 4.
Slide 9: FY16: Production and Cost Guidance
FY16: Production and Cost Guidance Key FY16 forecasts: For personal use only Total gold production of 535,000-570,000oz All-in sustaining costs of A$1,050-A$1,100/oz A$74m to be spent on Investing Capital for FY16 following on from the great successes in FY15, including; A$35m for targeted d
Slide 10: Group Production Growing Next Year
Group Production Growing Next Year Group production potentially growing organically next year, heading to a 700koz per annum producer in FY18 For personal use only subject to the following assumptions; Central Tanami Project commencing production in CY17 and ramping up to +75kozpa by FY19 * Kano
Slide 11: Jundee: still one of Australia's best mines
Jundee: still one of Australia’s best mines FY15 gold sold 223,727oz at an AISC of A$1,008/oz, well above guidance For personal use only FY16 guidance 210,000-220,000oz at AISC of A$1,000-A$1,050/oz Sep Qtr 54.4koz mined and 54.1koz sold at an AISC of A$1,097/oz Resources: 1.35Moz, up 166% and Reser
Slide 12: Kundana: A corridor of riches
Kundana: A corridor of riches FY15 gold sold 103,051oz at an AISC of A$711/oz, within guidance For personal use only FY16 guidance 100,000-110,000oz at AISC of A$850-A$900/oz Sep Qtr 19.8koz mined and 21.2koz sold at an AISC of A$962/oz Resources: 1.6Moz, up 134% and Reserves 0.45Moz, up 61% even af
Slide 13: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address FY15 gold sold 96,223oz at an AISC of A$1,021/oz, well above guidance For personal use only FY16 guidance 80,000-85,000oz at AISC of A$1,050- A$1,100/oz Sep Qtr 28.5koz mined and 27koz sold at an AISC of A$763/oz Resources 1.2Moz, up 8% and Reserves 0.2Moz,
Slide 14: Plutonic: Rebuilding the Mine
Plutonic: Rebuilding the Mine FY15 gold sold 80,141oz at an AISC of A$1,550/oz For personal use only FY16 guidance 75,000-80,000oz at AISC of A$1,350-A$1,400/oz Resources: 1.5Moz, up 2% and Reserves 0.2Moz, up 34% after mining 96koz in FY15 Maiden Hermes Resource of 0.22Moz at 2.7gpt, increases prod
Slide 15: Paulsens: The Founding Asset
Paulsens: The Founding Asset FY15 gold sold 77,642oz at an AISC of A$1,264/oz FY16 guidance 70,000-75,000oz at AISC of A$1,175-A$1,275/oz For personal use only Sep Qtr 26.9koz mined and 22.7koz sold at an AISC of A$1,007/oz Resources: 0.4Moz, up 7% and Reserves 0.1Moz, after mining 76koz in FY15 Pip
Slide 16: Central Tanami Project: Next Tier of Production Growth
Central Tanami Project: Next Tier of Production Growth Northern Star has now settled its sixth mine, a JV on the 2.7Moz Central Tanami Project with Tanami Gold NL* For personal use only Historically produced 2.1Moz from top 125m, last major production was from Newmont in 2005 when it produced 610,00
Slide 17: Why invest in Northern Star
Why invest in Northern Star Highly profitable: underlying net profit A$108.9m in FY15; underlying free cashflow A$185.6m; total dividend of A5¢ps For personal use only Strong balance sheet: no debt; A$196m in cash, bullion and investments (30 Sep 2015) Emphasis on shareholders: Past 5 years average
Slide 18: Northern Star Resources – Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – [email protected] / Website – www.nsrltd.com AGM November 2015
Slide 19: Team with a track record
Team with a track record Shares Options Board – Successful record in discovering and developing mines For personal use only Total 600M 4.3M BILL BEAMENT Managing Director (Mining Engineer) * As at 27 November 2015 Non-Executive Chairman – Independent CHRIS ROWE (Barrister and Solicitor) Share price:
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