Northern Star Resources reported statutory net profit after tax of A$1.7 billion for the year ended 30 June 2026, marking a 24% increase compared to the previous financial year.

Driven by a 26% rise in the average realised gold price to A$4,925 per ounce, Northern Star generated full-year revenue of A$7.6 billion, up 19% from A$6.4 billion in FY25. Group free cash flow decreased to A$627.7 million compared to A$1,423.0 million in the prior period, reflecting capital investment across the company's operating portfolio.

The company operates across three primary production centres located at Kalgoorlie, Yandal, and Pogo, forecasting total group gold sales of 1,500 to 1,650 thousand ounces in FY27 at an all-in sustaining cost of A$3,050 to A$3,450 per ounce.

Commissioning is currently underway at the KCGM project in Kalgoorlie, where the plant is scheduled for a planned tie-in in early September 2026, followed by a measured operational ramp-up. KCGM production guidance is set at 550 to 650 thousand ounces for FY27.

“We are at an important inflection point for Northern Star. The KCGM Mill Expansion marks a significant milestone for the Company, with the expanded processing plant expected to deliver greater operational consistency and reliability, while supporting a significant increase in free cash generation as it ramps up.”

— Stuart Tonkin, Managing Director

Capital investment across the group is projected between A$2,550 million and A$2,935 million for FY27, encompassing both sustaining and growth capital expenditure. The board declared a final fully franked dividend of 30 cents per share, bringing total dividends for FY26 to 55 cents per share. Elsewhere in the district, exploration activity continued with drill results including 20 metres at 3.4 g/t gold reported at a nearby project in June 2026.

Read the full announcement: FY26 Financial Results