Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Macquarie Securities Conference 2016
18 slides from Northern Star Resources's conference presentation, May 5, 2016
Slide 1: Northern Star Resources Macquarie Securities Conference May 2016
For personal use only Northern Star Resources Macquarie Securities Conference May 2016 An Australian gold miner – for global investors
Slide 2: Disclaimer - Competent Persons Statements
Disclaimer Competent Persons Statements The information in this announcement that relates to mineral resource estimations, exploration results, data quality, geological interpretations and potential for eventual economic extraction, is based on information For personal use only compiled by Darren Co
Slide 3: Introduction - Third biggest Australian listed Gold Miner
Introduction - Third biggest Australian listed Gold Miner We are the third-biggest gold miner on the Australian stock exchange by both For personal use only market cap and production Strong balance sheet; no debt; A$286m in Paulsens & Ashburton cash, bullion & investments 31 Mar 2016 Operations Cent
Slide 4: A business first, mining is how we deliver value
A business first, mining is how we deliver value Why NST has been in the top ten ASX 200 listed companies four of the last five years For personal use only Ounce Mined – Group Production Underlying EBITDA Margin 50% 166koz 161koz 159koz 159koz 43% 154koz 150koz 39% 40% 140koz 40% 36% 127koz 32% 30%
Slide 5: A business positioned for further outperformance
A business positioned for further outperformance NST is uniquely positioned to continue to deliver above average returns to its Shareholders For personal use only Macquarie Global CY16 AISC Cost Curve 50% 43% Return on Equity $1,400 Q4 NST 5yr Average 43% NST AISC US$748/oz 40% $1,200 Q3 30% $1,000
Slide 6: Another strong half year of free cashflow generation
Another strong half year of free cashflow generation NST generated strong underlying free cashflow of A$96.7m at an average gold price of A$1,497/oz For personal use only NST stands to benefit from a spot gold price that is currently trading ~A$1,650/oz into 2H 2016, A$150/oz higher than what was re
Slide 7: FY16: Production and Cost Guidance
FY16: Production and Cost Guidance Total gold production of 535,000-570,000oz; 1H 285,500oz produced, top end of guidance For personal use only AISC of A$1,050-A$1,100/oz; 1H costs tracking towards lower end of guidance at A$1,062/oz A$74m to be spent on Investing Capital following on from the
Slide 8: Group Production Growing Next Financial Year
Group Production Growing Next Financial Year Cashflow set to lift to another level with group production growing organically next year, heading to a 700koz per annum producer in 2018 subject to the following assumptions; For personal use only Central Tanami Project commencing production in CY17 an
Slide 9: Jundee: still one of Australia's best mines
Jundee: still one of Australia’s best mines FY15 gold sold 223,727oz at an AISC of A$1,008/oz, well above guidance FY16 guidance 210,000-220,000oz at AISC of A$1,000-A$1,050/oz For personal use only Mar Qtr 60.1koz mined and 54.7koz sold at an AISC of A$914/oz; benefitting greatly from cost reductio
Slide 10: Kundana: A corridor of riches
Kundana: A corridor of riches FY15 gold sold 103,051oz at an AISC of A$711/oz, within guidance FY16 guidance 100,000-110,000oz at AISC of A$850-A$900/oz For personal use only Mar Qtr 32.7koz mined and 28.8koz sold at an AISC of A$828/oz; ore stockpiles increased substantially Resources: 1.6Moz, up 1
Slide 11: Kundana 100% NST: Millennium update
Kundana 100% NST: Millennium update Millennium remains open at depth and down plunge, mine design/reserve drill complete mid-year Millennium Underground scoping study highlights a 40k-50kozpa mine for at least 4 years For personal use only Dewatering underway with underground access commencing in De
Slide 12: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address FY15 gold sold 96,223oz at an AISC of A$1,021/oz, well above guidance For personal use only FY16 guidance 80,000-85,000oz at AISC of A$1,050- A$1,100/oz Mar Qtr 24koz mined and 23.2koz sold at an AISC of A$752/oz; substantially outperforming guidance Resourc
Slide 13: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address A geological review of Kanowna underground shows high-grade mineralisation continues below and along strike of current workings where over 5Moz has been produced to date. These mineralised For personal use only positions have the potential to materially grow
Slide 14: Plutonic: Rebuilding the Mine
Plutonic: Rebuilding the Mine FY15 gold sold 80,141oz at an AISC of A$1,550/oz FY16 guidance 75,000-80,000oz at AISC of A$1,350-A$1,400/oz For personal use only Mar Qtr 17.3koz mined and 13.7koz sold at an AISC of A$1,975/oz (impacted by a severe rain event); returned to normal operations in March w
Slide 15: Paulsens: The Founding Asset
Paulsens: The Founding Asset FY15 gold sold 77,642oz at an AISC of A$1,264/oz FY16 guidance 70,000-75,000oz at AISC of A$1,175-A$1,225/oz For personal use only Mar Qtr 24.3koz mined and 22.9koz sold at an AISC of A$999/oz Resources: 0.4Moz, up 7% and Reserves 0.1Moz, after mining 76koz in FY15 Recen
Slide 16: Central Tanami Project: Next Tier of Production Growth
Central Tanami Project: Next Tier of Production Growth Historically produced 2.1Moz from top 125m, last major production was from Newmont in 2005 when it produced 610,000oz at 4.3gpt over a 4 year period from the main deposit; Groundrush open pit For personal use only The past 5 years has seen A$30m
Slide 17: Why invest in Northern Star
Why invest in Northern Star Highly profitable: Net profit after tax up 79% to A$65.1m in 1HFY16; underlying free For personal use only cashflow of A$96.7m; total interim dividend up 50% from 1H15 to A3¢ps Strong balance sheet: no debt; A$286m in cash, bullion & investments (31 Mar 2016) Emphasis on
Slide 18: Northern Star Resources - Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 May 2016 Email – [email protected] / Website – www.nsrltd.com
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