Australian gold miners snap three-session losing streak on bullion gains

Northern Star Resources

02/07/2026 02:37

** Australian gold miners .AXGD rise 2.3%; on track to snap three straight sessions of losses
** Gold prices extended gains on the day, as investors took stock of softer-than-expected jobs data, while lower oil prices lent additional support to bullion GOL/
** Ora Banda Mining OBM.AX up 7.6%, Bellevue Gold BGL.AX up over 2%
** Northern Star Resources NST.AX shares were up 3.3% after the company named Suresh Vadnagra as its next CEO in a move that may placate activist investor Elliott, which is seeking an overhaul of the company
** YTD sub-index down over 19% 
     

(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com;))