Northern Star sees ramp up in gold sales as output expands

Australian miner Northern Star Resources expects to “significantly increase” gold sales this quarter on higher production and better grades from its Kalgoorlie operations, including the Super Pit, as prices for the precious metal trade near record levels. Increasing ore supply is a key goal for Northern Star, the nation’s largest listed gold miner. While the Perth-based company didn’t provide a sales forecast for the June quarter in a production report released Tuesday, full-year guidance for 2024 remained unchanged at 1.6-million to 1.75-million ounces of gold sales.