Northern Star sails past Covid issues

Despite the impacts of the Covid-19 pandemic, gold miner Northern Star has reported that its cash, bullion and investments increased by 40% at the end of June, compared with the previous quarter.

Cash, bullion and investments increased to A$769.5-million, up from the A$551.4-million at the end of March, while the company also generated free cash flows of A$217.9-million in the June quarter from the sale of 262 717 oz of gold.