Australia's Northern Star posts 7.2% rise in quarterly gold sales revenue
Tue 22:29
Australia's Northern Star posts 7.2% rise in quarterly gold sales revenue Oct 21 (Reuters) - Australia’s Northern Star Resources NST.AX reported a 7.2% rise in fiscal first-quarter revenue from gold sales on Wednesday, driven by higher average gold sale prices that more than offset lower volumes from planned shutdowns.
The country's top gold producer's revenue from gold sales came in at A$1.82 billion ($1.27 billion) for the quarter ended September, compared with A$1.70 billion a year earlier.
($1 = 1.4290 Australian dollars)
(Reporting by Sherin Sunny and Kumar Tanishk in Bengaluru; Editing by Shreya Biswas)
((tanishk.Kumar@thomsonreuters.com; X: @thatstanishk))
Recent news on Northern Star Resources
See all newsAustralian gold stocks fall to over two-month low as gold prices drop
Australia's Northern Star hits 7-month high after quarterly gold sales rise
Incoming Northern Star CEO flags possibility of asset sales (updated)
Australia's Northern Star posts 7.2% rise in quarterly gold sales revenue
Brief: Northern Star Resources Says FY27 Guidance Unchanged