Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Macquarie Securities Conference 2015
21 slides from Northern Star Resources's conference presentation, May 7, 2015
Slide 1: Northern Star Resources Macquarie Securities Conference
For personal use only Northern Star Resources Macquarie Securities Conference An Australian gold miner – for global investors May 2015
Slide 2: Disclaimer
Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to mineral resource and reserve estimations, exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information compiled
Slide 3: 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 592.5M 2.9M BILL BEAMENT Managing Director (Mining Engineer) * As at 06 May 2015 Non-Executive Chairman – Independent CHRIS ROWE (Barrister and Solicitor) Share price: A$
Slide 4: A global mid-cap gold miner
A global mid-cap gold miner Second-biggest ASX-listed gold miner by production For personal use only Production of 550,000-600,000ozpa; Market cap A$1.2B (592M shares at A$2.07) FY2015 AISC ~A$1,050 - A$1,100/oz Five operating mines, all in Western Australia Recently announced Central Tanami JV will
Slide 5: 550-600koz production from six world-class gold camps
550-600koz production from six world-class gold camps NST has six world-class production centres that have produced For personal use only cumulatively over +22Mozs to date Paulsens & Ashburton Tanami Project +2.6Moz Gold Camp The goal in 2015 is to realise the Operations +3Moz Gold Camp potential of
Slide 6: A global mid-cap gold miner
A global mid-cap gold miner NST has a proud history of outperformance through value adding M&A, operational performance, exploration success and paying dividends to Shareholders For personal use only Return on Equity is a key focus for NST Jundee Acquisition KB & Kundana Acquisition Plutonic Acquisi
Slide 7: A business first and a mining company second
A business first and a mining company second Consistent fully-franked dividend payer A$131m of underlying company For personal use only since June-12 with over A$57m returned to free cash flow in the first 9 Financial Discipline shareholders. Recently doubled the interim months of FY 2015. Debt free
Slide 8: A business first and a mining company second
A business first and a mining company second NST has averaged a Return on Equity of over 30% for the last five years and the Company has a consistent history of paying dividends to Shareholders For personal use only NST has delivered underlying Company free cash flow of over A$131m in the first thre
Slide 9: Well on the way to replicating the success of Paulsens
Well on the way to replicating the success of Paulsens NST is well positioned to replicate the success achieved at Paulsens in coming quarters For personal use only Paulsens Purchased the mine in July 2010 and paid back in seven months In the first two years of ownership, taken a six month mine life
Slide 10: The core focus for NST is mine life extension
The core focus for NST is mine life extension Our six assets have produced +22M For personal use only ounces to date and at current production levels of 600kozpa it is the equivalent of a 3% reserve depletion 1H15 discovery cost of ~A$30/oz This reflects our strong belief that there is an enormous a
Slide 11: A$50m exploration plan already paying dividends
A$50m exploration plan already paying dividends For personal use only 11
Slide 12: Kundana: a corridor of riches
Kundana: a corridor of riches FY2015 guidance 100,000-110,000oz at AISC of A$800 - A$850/oz, YTD 76koz at an AISC of A$675/oz For personal use only Comprises 4 producing deposits: Raleigh, Rubicon, Hornet and the rich Pegasus discovery now in production Currently testing multiple ore shoot orientati
Slide 13: Pegasus: A case study in Return on Invested Capital
Pegasus: A case study in Return on Invested Capital Stage 1 mining of the recently defined Pegasus deposit represents a return of invested capital of 500% to NST For personal use only Pegasus offers significant growth potential, resource of 1.1Moz @ 11.6gpt, discovered 24 months ago Pegasus set for
Slide 14: Jundee: still one of Australia's best mines
Jundee: still one of Australia’s best mines Purchased from Newmont for A$82.5M For personal use only First production in 1995; consistent production with 6.1Moz to date Free cash flow generation of A$1.3B in past five years Two resource updates in the past six months, now 1.15Moz supporting at least
Slide 15: Jundee: still one of Australia's best mines
Jundee: still one of Australia’s best mines Jundee project is now over 1.1Mozs, Feb 2015 Resource update did not include a number of lodes or drilling For personal use only In-mine drilling is focused on known in-fill areas, unmined east-west structures and depth extensions 15 Page 15
Slide 16: Plutonic: years young
Plutonic: 24 years young First production in 1990; consistent results with 5.4Moz to date For personal use only Tier One infrastructure; replacement cost A$250M Resources of 1.45Moz, supporting 5-7 year mine-life Numerous opportunities to grow inventory through conversion of Resources to Reserves (h
Slide 17: Kanowna Belle: a great Goldfields address
Kanowna Belle: a great Goldfields address First production in 1994; consistent results with For personal use only 4.9Moz produced (Dec 2015) FY2015 guidance 80,000-85,000ozpa at AISC of A$1,100-A$1,150/oz YTD production of 69koz at an AISC of A$1,099/oz Key opportunities have quickly developed: 1.8M
Slide 18: Paulsens: the cornerstone
Paulsens: the cornerstone First production in 2005; total production For personal use only to date of 770Koz at 7.7gpt FY2015 guidance 80,000-90,000oz at AISC of A$1,100-$1,150/oz Resources of +400,000oz, supporting 5 year mine life Significant results from Voyager 2 should underpin production for n
Slide 19: NST & Indigenous Community engagement
NST & Indigenous Community engagement Martu Ranger Program Initiated in 2012 to provide productive For personal use only employment for local Indigenous people Wiluna Martu Rangers work with our Jundee mine on environmental compliance Program generates $150,000 per annum of income and employs up to
Slide 20: Why invest in Northern Star
Why invest in Northern Star Global-scale gold miner with all assets in Australia – second For personal use only biggest ASX-listed gold producer Critical mass from 550koz-600kozpa production; asset diversity from five high-grade, low-cost mines (ASIC ~A$1,050-1,100/oz) with robust margins Focused on
Slide 21: Northern Star Resources
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 May 2015
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