Diamond Member Pelican Press 0 Posted July 24, 2024 Diamond Member Share Posted July 24, 2024 This is the hidden content, please Sign In or Sign Up Jundee miss takes shine off Northern Star’s golden year A disappointing performance from one of Northern Star Resources’ three production hubs has kept overall full-year gold sales at the lower end of the precious metal miner’s guidance. Yandal — which incorporates the Jundee, Thunderbox and Bronzewing mines in the northern Goldfields — reported total sales of 491,000 ounces, well outside Northern Star’s forecast 500,000oz to 570,000oz range in what in described as a “challenging” year. It blamed the miss on lower-than-planned plant availability at Jundee and Thunderbox throughout the year, along with weather impacts in the March quarter. But it was better news for the miner’s Kalgoorlie hub — which includes the famous Super Pit — and its Pogo production centre in Alaska, which both hit targets of 851,000oz and 278,000oz, respectively. All-in costs at both hubs were also within guidance — at $1701/oz and $2037/oz, respectively — while Yandal again missed the mark, turning out gold at $2012/oz. Overall sales came in at 1.621 million ounces at all-in costs of $1853/oz. It is targeting sales of between 1.65moz and 1.8moz this financial year at costs of between $1850/oz and $2100/oz. More to come This is the hidden content, please Sign In or Sign Up #Jundee #takes #shine #Northern #Stars #golden #year This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/75913-jundee-miss-takes-shine-off-northern-star%E2%80%99s-golden-year/ Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.