We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Northern Star Resources Ltd | ASX:NST | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.27 | 1.78% | 15.45 | 15.45 | 15.51 | 15.47 | 15.28 | 15.41 | 2,491,435 | 05:32:00 |
By Rhiannon Hoyle
Northern Star Resources Ltd. said it will buy a power business from Newmont Corp. for $95 million, giving the Australian miner greater control over its power supply in a remote part of the country's west.
Northern Star on Tuesday said it has entered a binding sale agreement to acquire all of Newmont's shares in GMK Investments Pty. Ltd., which owns a 50% interest in the Parkeston Power Station at Kalgoorlie in Western Australia state.
Northern Star already paid $25 million for an option to buy the Newmont power unit in its purchase of the Colorado-based miner's 50% stake in Kalgoorlie Consolidated Gold Mines Pty. Ltd. The company will pay the $70 million balance when the deal completes, which is expected to happen next month, Northern Star said.
The Parkeston Power Station provides electricity to Kalgoorlie Consolidated Gold Mines and the Kalgoorlie area.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
November 22, 2021 16:55 ET (21:55 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Northern Star Resources Chart |
1 Month Northern Star Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions