• Record annual Group underlying free cash flow of A$536 million and net mine cash flow of A$1,189 million
• FY26 production guidance of 1,700-1,850koz gold sold and AISC of A$2,300-2,700/oz
• KCGM Mill Expansion Project in final build phase year and tracking to plan

Northern Star Resources Ltd (ASX: NST) reported its operational and financial results for the June 2025 quarter, with gold sold of 444,034oz at an all-in sustaining cost (AISC) of A$2,197/oz. The company achieved record annual Group underlying free cash flow of A$536 million and net mine cash flow of A$1,189 million for FY25. For FY26, the company has guided gold sold to be in the range of 1,700-1,850koz at an AISC of A$2,300-2,700/oz, reflecting inflationary pressures, higher gold price related royalties, and increased sustaining capital expenditure. The KCGM Mill Expansion Project, which will increase the overall processing capacity to 27Mtpa, is in the final build phase year and tracking to plan. The company continues to advance major growth projects, including the KCGM Mill Expansion and Hemi Development Project, to achieve its goal of being a long-life, high margin, returns-focused global gold producer.

FY26 production guidance of 1,700-1,850koz gold sold and AISC of A$2,300-2,700/oz.

Northern Star remains committed to unlocking the full potential of its production centres and is confident the investments made during FY25, including the acquisition of the Hemi deposit, will deliver significant value for shareholders. The company is well positioned to responsibly and profitably grow its production footprint and cash flow margins.