Northern Star responds to Elliott Investment Management's presentation
The letter acknowledges share price underperformance, outlines progress on CEO search and board enhancement, and rejects a sale process at this time.
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Global gold producer
nsrltd.comLast updated
In short: Northern Star rejected a sale proposal from Elliott Investment Management, managed leadership transitions, and reported growth in gold reserves.
The letter acknowledges share price underperformance, outlines progress on CEO search and board enhancement, and rejects a sale process at this time.
The annual update includes first-time reporting of Hemi Project resources and reserves, adding 13.2Moz and 5.5Moz respectively.
His 13-year tenure ends in Q1 FY27, concluding current strategic plan and KCGM expansion.
Sold 381koz gold at AISC A$2,709/oz, generated A$301M free cash flow, announces A$500M share buy-back, guides FY26 above 1.5Moz.
Australia’s biggest gold miner Northern Star Resources Ltd. has rejected a proposal by activist inve...
Activist investor Elliott Investment Management said late on Wednesday that Australia's Northern Star Resources must act immediately to restore shareholder value by strenghtening its board...
A big exploration push by Australia's biggest gold miner, Northern Star Resources, has grown the reserves at the Super Pit by 54 per cent in...
Northern Star Resources has reported a significant increase in its global mineral inventory with mineral resource rising 26 per cent.
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