Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Diggers and Dealers August 2019
17 slides from Northern Star Resources's conference presentation, Aug 7, 2019
Slide 1: An Australian gold miner - for global investors
For personal use only An Australian gold miner - for global investors Diggers and Dealers - August 2019
Slide 2: Resources & Reserves and Forward Looking Statements
Resources & Reserves and Forward Looking Statements For personal use only Mineral Resources and Ore Reserves The Mineral Resources and Ore Reserves information reported in accordance with the 2012 edition of the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and
Slide 3: NST Operations – Tier-1 Assets, Tier-1 Locations
NST Operations – Tier-1 Assets, Tier-1 Locations ▪ ASX 100, top 25 global gold producer with For personal use only mines in Western Australia and Alaska ▪ Market cap is A$8.1B with a sector- leading balance sheet; A$361M cash & equivalents and no debt ▪ NST manages a simplified business with a stron
Slide 4: Golden Investment & Production Cycle Since 1970
Golden Investment & Production Cycle Since 1970 ▪ Historically, gold production peaks have coincided with the beginning of multi-year bull For personal use only markets ▪ Gold production last peaked in 2000/2001 and marked the beginning of what was a long, robust, sustained bull market ending in 201
Slide 5: Global Gold Landscape December 2018
Global Gold Landscape December 2018 ▪ There has been significant change in the gold landscape since the commencement of industry For personal use only consolidation Enterprise Value of Major Gold Companies Enterprise Value US$ Billion 5 * Data sourced from S&P Global Market Intelligence, Bloomberg &
Slide 6: Current Global Gold Landscape
Current Global Gold Landscape ▪ There has been significant change in the gold landscape since the commencement of industry For personal use only consolidation Enterprise Value of Major Gold Companies Enterprise Value US$ Billion 6 * Data sourced from S&P Global Market Intelligence & Company public r
Slide 7: Opportunity in Current Global Gold Landscape
Opportunity in Current Global Gold Landscape ▪ There is a significant value opportunity left behind following this consolidation For personal use only Enterprise Value of Major Gold Companies Enterprise Value US$ Billion Opportunity Opportunity 7 * Data sourced from S&P Global Market Intelligence &
Slide 8: Gold Sector Rankings – What drove NST's outperformance
Gold Sector Rankings – What drove NST’s outperformance Northern Star’s share price performance of 107% ranks 3 out of 36 in the peer group^ and is significantly better than the median of (10%) ▪ The top 10 performing Summary of Northern Star vs. global peers – last 3 years(2) For personal use only c
Slide 9: Growth in Tier-1 Jurisdictions, ESG Advantage
Growth in Tier-1 Jurisdictions, ESG Advantage ▪ Global Investors value mining exposure in Tier-1 jurisdictions, great for Australian Resources For personal use only ▪ Over US$19T of global funds under management now has an ESG filter to the investment process ▪ NST operates three large scale Tier-1
Slide 10: Delivering Reserve and Resource Growth per share
Delivering Reserve and Resource Growth per share ▪ Through value accretive organic and inorganic growth NST has been able to successfully grow For personal use only Resource and Reserve life on a per share basis for its Shareholders ▪ NST announced a 31% increase in Resources to 20.8Moz at 4.1gpt (g
Slide 11: Pogo Resource & Reserve Trends
Pogo Resource & Reserve Trends Resource Reserve Update Demonstrates Strong Growth Through Drill Investment For personal use only 10,000,000 POGO MID YEAR 2019 RESERVE & RESOURCE UPDATE FEASIBILITY ACQUISITION 4.9Moz - UG Rigs increased from 4 to 9 (116km UG Drilling in FY19) Endowment - RES recalcul
Slide 12: Group Production & Cost Performance & FY20 Guidance
Group Production & Cost Performance & FY20 Guidance ▪ FY2019 record performance of 840,580oz sold at an AISC of A$1,296/oz For personal use only ▪ Australian Operations achieved top end of production guidance at 639koz sold ▪ FY2020 Group production 800,000-900,000oz at AISC A$1,200-A$1,300/oz ▪ Gro
Slide 13: Pogo Update – June 2019 Quarter performance
Pogo Update – June 2019 Quarter performance ▪ Implementation of NST business model is on track For personal use only to achieve key objectives, with results reflecting strong operational gains at all levels ▪ Compared to March 2019 quarter, improvements include; ▪ Ounces mined up 27% to 50,566oz ▪ G
Slide 14: The NST business model generating superior returns
The NST business model generating superior returns ▪ NST has delivered sector leading returns at its Kalgoorlie and Jundee mines since taking ownership in 2014 For personal use only ▪ The proven NST integration and operating business model is currently being implemented at the Pogo operation with th
Slide 15: NST is positioned to capitalise on the macro environment
NST is positioned to capitalise on the macro environment For personal use only ▪ We have a clear growth roadmap and strategy in place ▪ Exceptional balance sheet and funding capability to fuel further growth ▪ Continue growing inventory, production and free cashflow through acquisition and investmen
Slide 16: Value Creation – delivering returns to Shareholders
Value Creation – delivering returns to Shareholders ▪ NST’s strategy of balancing organic growth with well executed M&A has generated over A$7.5B of value for Shareholders since the first acquisition in 2010 and <6% of this value uplift has been For personal use only from equity raised ▪ This strate
Slide 17: Northern Star Resources Limited
For personal use only Northern Star Resources Limited ASX Code: NST An Australian mid cap gold miner – for global investors Investor Enquiries: Luke Gleeson, Investor Relations Level 1, 388 Hay Street, Subiaco 6008 Western Australia T: +61 8 6188 2100 E: [email protected] W: www.nsrltd.com Inventum 3D
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