Australia's Northern Star rises on top executives reset
02/07/2026 03:01
BUZZ-Australia's Northern Star rises on top executives reset Updates
** Shares of Northern Star Resources NST.AX rise as much as 4.2% to A$19.580, posting their biggest intraday pct gain since June 15
** Stock up after three straight sessions of losses
** Gold miner names Glencore GLEN.L executive Suresh Vadnagra as its next CEO, effective October 5
** "Filling the permanent CEO seat removes a key overhang for NST, providing leadership certainty and a clear runway for execution of growth projects" - Jefferies
** Northern Star says Michael Ashforth to succeed Michael Chaney AO as chairman following AGM in November
** Stock down 27.3% YTD, including session's moves
(Reporting by Shivangi Lahiri & Rajasik Mukherjee in Bengaluru)
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