Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Mines & Money London 2022
15 slides from Northern Star Resources's conference presentation, Nov 28, 2022
Slide 1: Resourcing tomorrow to generate superior returns
For personal use only Resourcing tomorrow to _ generate superior returns November 2022
Slide 2: Forward Looking Statements, Reserves and Resources
Forward Looking Statements, Reserves and Resources Forward Looking Statements For personal use only Northern Star Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completene
Slide 3: Who we are
Who we are _ our purpose For personal use only Generate superior returns Pogo Responsible producer Yandal Kalgoorlie Profitable growth Strong cash flow generation 100% +6,000 ASX 50 World-class assets GOLD PEOPLE MARKET INDEX 3
Slide 4: Our commitment to create value
Our commitment to _ create value For personal use only 1.56Moz Gold Sold STRONG FINANCIAL POSITION with Organic growth options 56.4Moz Mineral Resource 20.7Moz Ore Reserve $3.7B Revenue $1.5B Liquidity FY22 highlights $528M Net Cash $1B Cash Earnings Dividend 20-30% of Cash Earnings 2003 $1.0B RETUR
Slide 5: Our commitment to deliver superior shareholder returns
Our commitment to _ deliver superior shareholder returns For personal use only 5yr avg Dividends 20% ROE Ranked #1 global gold peers $1.0B 11% ROIC Approximate Growth FY23 Cash Capex Buy-back Uses Ranked #2 global gold peers 94% TSR Ranked #3 global gold peers Exploration Source: Bloomberg. Global g
Slide 6: Our commitment to resourcing tomorrow
Our commitment to _ resourcing tomorrow For personal use only Minerals Maths Motivation 6
Slide 7: Resourcing tomorrow: mineral inventory
Resourcing tomorrow _ mineral inventory For personal use only Ore Reserves* Mineral Resources* 9% 14% 19% Kalgoorlie Kalgoorlie 20.7 Yandal 18% 56.4 Yandal Moz Pogo Moz Pogo 68% 72% + 10YR A$ 24/OZ Reserve backed Cost of Resource production profile Addition 7 *Annual Mineral Resources and Ore Reserv
Slide 8: At KCGM a globally significant gold mine
At KCGM _ a globally significant gold mine For personal use only 100% ownership, 297km2 of tenure Moz KCGM Ranked Top 8 by Reserve Base of Global Operating Assets On track to deliver 650kozpa by FY26 50 (+30% from FY22) 40 30 20 10 0 Muruntau* Nevada JV* Lihir South Deep* Blagodatnoye Ahafo* Kyz
Slide 9: At KCGM gold for decades to come
At KCGM _ gold for decades to come For personal use only 27Moz Mineral Resource 12Moz Ore Reserve ~30% Reserve increase* 9 *Refer to ASX announcement entitled ‘Acquisition of Newmont Goldcorp’s 50% Interest in KCGM & Equity Capital Raising’ dated 17 Dec 2019, specifically pages 2-3 for more details
Slide 10: At Pogo a decade ahead of high grades
At Pogo _ a decade ahead of high grades For personal use only 3.0m @ 16.7g/t 7Moz Goodpaster Resource Growth 5.9m @ 56.6g/t Mineral Resource Central Veins North Zone 2Moz East Deep Fun Zone Ore Reserve ~125% Liese Veins South Pogo Reserve increase* 2.0m @ 44.1g/t 10 *Refer to ASX announcement entitl
Slide 11: Resourcing tomorrow: focusing on the maths
Resourcing tomorrow _ focusing on the maths For personal use only Adaptive to all We have the portfolio, people environments and strategy to deliver Operational landscape shifted Advancing to 1st half Resilient team and High inflation environment, global gold cost curve business disturbance and oper
Slide 12: At Yandal benefits from scale
At Yandal _ benefits from scale For personal use only 3Mtpa 6Mtpa 3Mtpa 9Mtpa TBO mill expansion Thunderbox mill expansion Jundee Yandal Orelia open pit Value ~A$100/oz Processing savings Growth Lower cost improves regional optionality Strategy ~A$50/oz Regional savings 12
Slide 13: Resourcing tomorrow: motivating our people
Resourcing tomorrow _ motivating our people For personal use only Physical & mental well-being Growing our team skills TRIFR 2.0 65% below index* 3,000 Employees Respectful and inclusive culture 3,000 Contractors 5% Graduates, Apprentices, Trainees Leadership and accountability Best-in-field technol
Slide 14: Executing our clearly defined strategy
Executing our clearly defined strategy For personal use only RESPONSIBLE PROFITABLE STRONG WORLD CLASS GENERATE PRODUCER GROWTH CASH FLOW ASSETS SUPERIOR GENERATION RETURNS 14
Slide 15: Northern Star Resources Limited
Northern Star Resources Limited ASX Code: NST For personal use only Business First. Investor Enquiries: Sophie Spartalis T: +61 8 6489 2488 E: [email protected] W: www.nsrltd.com 15