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Northern Star awards $73.4m contract for Thunderbox expansion project mining-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining-technology.com Daily Mail and Mail on Sunday newspapers.
Northern Star to sell Kundana gold ops to Evolution for $294m Reuters | July 21, 2021 | 5:08 pm Australia Gold Northern Star holds a 50% interest in the Kalgoorlie super pit in Western Australia. ( Australian gold miner Northern Star Resources Ltd said on Thursday it agreed to sell its Kundana operations in Western Australia to peer Evolution Mining Ltd for A$400 million ($294.28 million). Evolution, in a separate exchange filing, said the acquisition raises its three-year gold production outlook, with fiscal 2022 production now expected between 700,000 and 760,000 ounces, up from 680,788 ounces in 2021. Sign Up for the Precious Metals Digest Sign Up The assets include Northern Star’s 51% stake in each of East Kundana’s production and exploration joint ventures, a 75% stake in a West Kundana farm-in joint venture, and the company’s Carbine gold project. ....