Northern Star Resources Limited reported gold sales of 1.543 million ounces [1] during its fourth quarter financial results presentation on Wednesday.
The results demonstrate the company's ability to maintain high production volumes and liquidity amid fluctuating global mining costs and operational expansions.
During the earnings call, the company reported an all-in-sustaining cost (AISC) of AUD 2,698 per ounce [1]. This metric provides a comprehensive view of the costs associated with producing each ounce of gold, including sustaining capital expenditures.
Financial performance for the period remained robust. Northern Star generated over AUD 1.1 billion in net mine cash flow [1]. As of the reporting date, the company held AUD 1.2 billion in cash and bullion [1].
Stuart Tonkin welcomed attendees to the Northern Star FY '26 financial results, he said.
Beyond the financial figures, the company highlighted operational milestones. The Fimiston (KCGM) expansion reached commissioning on schedule [1]. This expansion is a critical component of the company's long-term production strategy in Western Australia.
Northern Star delivered strong FY26 results with 1.543Moz gold sales at an AISC of AUD 2,698/oz, generating over AUD 1.1B net mine cash flow and holding AUD 1.2B in cash and bullion, a company statement said [1].
“Northern Star generated over AUD 1.1 billion in net mine cash flow.”
The combination of high liquidity and the timely commissioning of the Fimiston expansion positions Northern Star to scale production without immediate reliance on external financing. By maintaining a cash reserve of AUD 1.2 billion, the company creates a buffer against gold price volatility while stabilizing its cost per ounce through infrastructure upgrades.
