Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (September 2015)
19 slides from Northern Star Resources's investor presentation, Sep 17, 2015
Slide 1: Northern Star Resources
For personal use only Northern Star Resources An Australian gold miner – for global investors September 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: A business first and a mining company second
A business first and a mining company second NST has been able to generate a return on equity well above some of Australia’s household blue-chip investment names For personal use only NST’s return on equity for FY15 was 32% & has averaged 43% over the last five years Return on invested capital over
Slide 4: FY2015 - Key Highlights
FY2015 - Key Highlights Key Operational Outcomes For personal use only Gold Mined Gold Poured/Sold AISC decreased by increased by 154% increased by 177% 3% to A$1065/oz to 622koz to 581koz (US$745/oz) Key Resource Outcomes Measured and Total Resources 2.7Moz addition to Indicated Resources increased
Slide 5: Financial Highlights for the FY2015
Financial Highlights for the FY2015 Sales revenue: A$845.6m up 185% on FY14 For personal use only Underlying Net Profit: A$108.8m up 198%, including one offs of acquisition costs A$12.8m and restructuring expenses of A$4.2m for a statutory net profit after tax of A$91.9m Underlying EBITDA of A$331.1
Slide 6: 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 For personal use only Total Resource increased by 44% to 8.9Moz*, even after mining 622,000oz The Measured and Indicated Resource increased by 42% to 4.
Slide 7: FY2016: Production and cost guidance
FY2016: Production and cost guidance Key FY2016 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 (US$735-US$770/oz) A$74M to be spent on Investing Capital for FY16 following on from the great successes in FY15 including;
Slide 8: Jundee: A great mine getting better
Jundee: A great mine getting better FY2015 gold sold 223,727oz at an AISC of A$1,008/oz; (US$705/oz), well above guidance For personal use only FY2016 guidance 210,000-220,000oz at AISC of A$1,000-A$1,050/oz; (US$700-US$735/oz) Resources 1.35Moz, up 166% and Reserves 0.6Moz, up 45% even after mining
Slide 9: Jundee: On the cusp of a new era
Jundee: On the cusp of a new era First 700 vertical metres of the Jundee deposit has produced +5Moz since 1996 For personal use only Recently completed eight deep hole drill program targeting structural geological information was a huge technical success, intercepting significant structures with min
Slide 10: Kundana: A corridor of riches
Kundana: A corridor of riches FY2015 gold sold 103,051oz at an AISC of A$711/oz; (US$497/oz), within guidance For personal use only FY2016 guidance 100,000-110,000oz at AISC of A$850-A$900/oz; (US$595-US$630/oz) Resources 1.6Moz, up 134% and Reserves 0.45Moz, up 61% even after mining 111koz in FY15
Slide 11: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address FY2015 gold sold 96,223oz at an AISC of A$1,021/oz (US$715/oz), well above guidance For personal use only FY2016 guidance 80,000-85,000oz at AISC of A$1,050- A$1,100/oz; (US$735-US$770/oz) Resources 1.2Moz, up 8% and Reserves 0.2Moz, after mining 101koz in F
Slide 12: Kal Exploration – Well drilled doesn’t mean well explored
Kal Exploration – Well drilled doesn’t mean well explored CARBINE CAMP KANOWNA CAMP For personal use only PARADIGM NORTH (NST 100%) SIX MILE (NST 100%) • Potential northern repetition of GOLDEN EYE (NST 100%) the Paradigm Orebody • Shear hosted, sheeted • New vein discovered by field veins in Porphy
Slide 13: Plutonic: Rebuilding the Mine
Plutonic: Rebuilding the Mine FY2015 gold sold 80,141oz at an AISC of A$1,550/oz; (US$1,085/oz) For personal use only FY2016 guidance 75,000-80,000oz at AISC of A$1,350-A$1,400/oz; (US$945-$980/oz) Resources 1.5Moz, up 2% and Reserves 0.2Moz, up 34% after mining 96koz in FY15 Maiden Hermes Resource
Slide 14: Paulsens: The Founding asset
Paulsens: The Founding asset FY2015 gold sold 77,642oz at an AISC of A$1,264/oz; (US$884/oz) For personal use only FY2016 guidance 70,000-75,000oz at AISC of A$1,175-A$1,225/oz; (US$822-US$858/oz) Resources 0.4Moz, up 7% and Reserves 0.1Moz, after mining 76koz in FY15 Pipeline of additional feed; Lo
Slide 15: Central Tanami Project: Next round of production growth
Central Tanami Project: Next round of production growth Northern Star has now settled the JV on the 2.7Moz1 For personal use only Central Tanami Project with Tanami Gold NL* Existing permitted 1.2 million tonne per annum process plant and associated infrastructure 2.1Moz produced from top 100m via 4
Slide 16: Central Tanami Project: Next round of production growth
Central Tanami Project: Next round of production growth Northern Star’s Optimum Development and Operating Plan For personal use only 2015/16 – Undertake drilling program to optimise the mine plan for underground mining and plant refurbishment 2016 – begin mill refurbishment program and order long le
Slide 17: Why invest in Northern Star
Why invest in Northern Star Global-scale gold miner with all assets located in Australia For personal use only NST is a business first and a mining company second; for the past 5 years NST has averaged a Return on Equity of 43%* and Total Shareholder Return of 227% per annum Critical mass from +550k
Slide 18: Northern Star Resources – Contact Details
For personal use only Northern Star Resources An Australian Mid Cap gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – [email protected] / Website – www.nsrltd.com September 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 15 September 2015 Non-Executive Chairman – Independent CHRIS ROWE (Barrister and Solicitor) Share price
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