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Why Northern Star Slashed FY26 Gold Guidance After Operational Setbacks

8:34am on Thursday 22nd of January, 2026 AEDT Mining
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Why Northern Star Slashed FY26 Gold Guidance After Operational Setbacks

8:34am on Thursday 22nd of January, 2026 AEDT
Key Points
  • December quarter gold sales of 348koz at A$2,937/oz AISC
  • FY26 production guidance revised down to 1.6-1.7 million ounces
  • Increased FY26 capital expenditure on KCGM Mill Expansion and operational readiness
  • Net cash position of A$293 million with ongoing hedge book unwind
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