Northern Star Resources Ltd · ASX:NST
Northern Star Resources — BMO Metals & Mining Conference 2021
17 slides from Northern Star Resources's conference presentation, Mar 2, 2021
Slide 1: The Australian Gold Miner - For Global Investors
For personal use only The Australian Gold Miner - For Global Investors BMO Metals & Mining Conference - March 2021
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: Tier-1 assets in Tier-1 locations
Tier-1 assets in Tier-1 locations Top 10, ASX-listed global gold miner For personal use only Pogo ▪ Simple, growth business; Targeting the best 6.7Moz Resource 1.5Moz Reserve US 2Mozpa from three Tier-1 production centres (Alaska) ▪ Post-merger integration running ahead of schedule ▪ On track to ach
Slide 4: Progressive ESG
Progressive ESG Our Sustainability Vision For personal use only “Delivering responsible environmental and social business practices that lead to the creation of strong economic returns for our Shareholders, and shared value for our Stakeholders.” Our Sustainability Framework Ecosystem Progressive co
Slide 5: Pathway to the best 2Moz per annum
Pathway to the best 2Moz per annum A growth business, with falling costs and margin expansion For personal use only Production profile (koz) 2,000 ▪ A$1.5-2.0B NPV (pre-tax, net of stamp duty) to be unlocked over the next 10 years +30% 1,750 ▪ Opportunities include: Procurement Savings 1,500 Corpora
Slide 6: "Through-the-Cycle" gold stock
“Through-the-Cycle” gold stock Significant levers to adjust to changes in gold prices For personal use only Attributes Benefits 100% Tier-1 assets De-risked production growth, earnings and cash flow 3.2Moz in surface stockpiles Structurally lower costs Goal “Future-proofing” strategy flex THE PREFER
Slide 7: A simple business: Three large-scale production centres
A simple business: Three large-scale production centres Kalgoorlie Operations: Yandal Operations: North American Operations: For personal use only Production target 1.1Mozpa Production target 600kozpa Production target 300kozpa Reserves: 287Mt @ 1.4g/t for 13.3Moz Reserves: 66Mt @ 2.2g/t for 4.6Moz
Slide 8: Kalgoorlie Operations: Production target 1.1Mozpa
A simple business: Three large-scale production centres Kalgoorlie Operations: Production target 1.1Mozpa For personal use only ▪ Key growth area at Fimiston (KCGM) - Production rising to +500kozpa by Reserves: 287Mt @ 1.4g/t for 13.3Moz Resources: 516Mt @ 1.8g/t for 30.5Moz FY24 as access to high g
Slide 9: Kalgoorlie Operations: Production target 1.1Mozpa
A simple business: Three large-scale production centres Kalgoorlie Operations: Production target 1.1Mozpa For personal use only ▪ Growth supported by vast quantity of significant drill results at KCGM… ▪ …outside Reserves including: ▪ Fimiston South open pit (includes 23m @ 66g/t in the “saddle”) ▪
Slide 10: Yandal Operations: Production target 600kozpa
A simple business: Three large-scale production centres Yandal Operations: Production target 600kozpa For personal use only Reserves: 66Mt @ 2.2g/t for 4.6Moz ▪ Key growth opportunities from expansion and optimisation of Resources: 139Mt @ 2.3g/t for 10.2Moz Processing capacity: 5.5Mtpa milling; eva
Slide 11: North American Operations: Production target 300kozpa
A simple business: Three large-scale production centres North American Operations: Production target 300kozpa For personal use only Reserves: 5.9Mt @ 8.0g/t for 1.5Moz Resources: 22Mt @ 9.8g/t for 6.7Moz ▪ Production growing to 300kozpa by FY23 through an expanded Processing capacity: 1.3Mtpa from m
Slide 12: FY21 guidance
FY21 guidance 1.5–1.7Moz at AISC of US$1,080-$1,190/oz For personal use only Production AISC Growth capex Operation (koz) (US$/oz) (US$M) KCGM 440 - 480 1,147 - 1,225 154 Kalgoorlie 270 - 300 1,287 - 1,365 9 Carosue Dam 240 - 250 1,014 - 1,092 109 Kalgoorlie Operations 950 - 1,030 273 Jundee and Bro
Slide 13: Increasing dividends
Increasing dividends ▪ Long track record of paying dividends to owners For personal use only ▪ Dividend payout targeted at 6% of revenue 647 536 ▪ December Half FY21 interim dividend up 27% to A9.5cps fully franked (A$110.5M (US$86M) on the expanded post-merger capital base) 10.0 ▪ Record date 9 Mar
Slide 14: Strong balance sheet
Strong balance sheet For personal use only ▪ Balance sheet strength has allowed significant organic investment and accretive Liquidity at 31 December 2020 acquisitions resulting in superior returns to Shareholders Investments US$21M ▪ At 31 December 2020¹: Bullion US$51M ▪ A$1.2B (US$0.9B) liquidity
Slide 15: Advantage Northern Star: Unrivalled exposure to Tier-1 assets
Advantage Northern Star Unrivalled exposure to Tier-1 assets For personal use only Leading gold producers - Reserves (%) in Tier-1 jurisdictions 100% 47% 41% 33% 29% 20% 14% 7% 2% 0% Northern Star D B A I G H F C E (US$9B) (US$14B) (US$34B) (US$44B) (US$4B) (US$8B) (US$8B) (US$8B) (US$15B) (US$9B) (
Slide 16: Advantage Northern Star: Unrivalled exposure to production growth
Advantage Northern Star Unrivalled exposure to production growth For personal use only Leading gold producers - Growth (3-year CAGR) 12% 9% 9% 5% 4% 3% 2% 0% -3% -4% Northern Star D G H I A E B F C (US$9B) (US$14B) (US$8B) (US$8B) (US$4B) (US$44B) (US$9B) (US$34B) (US$8B) (US$15B) (Market capitalisa
Slide 17: Northern Star Resources Limited
For personal use only Northern Star Resources Limited ASX Code: NST The Australian gold miner – for global investors Investor Enquiries: Troy Irvin Level 1, 388 Hay Street, Subiaco 6008 Western Australia T: +61 8 6188 2100 E: [email protected] W: www.nsrltd.com Inventum 3D Page Links click here 17
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