OUTLOOK
Northern Star’s FY22 guidance of 1.55-1.65Moz at an AISC of A$1,475-1,575/oz is unchanged. As previously foreshadowed, gold production is weighted towards the second half of FY22, driven by increasing grades at Yandal and increasing mining rates at Pogo. As previously stated, AISC is expected to decrease in 2H.Northern Star continues to take a proactive approach to managing COVID-19. Leaning on our experience at Pogo, where we had to respond quickly to the spread of COVID-19 and adjust our operating structures accordingly, Northern Star is equipped to leverage its operating flexibility to minimise expected disruption. We remain alert to the advice and requirements from State and Federal Governments and health authorities and maintain our focus on the health and well-being of staff and the communities in which we operate.Northern Star’s FY22 net growth capital and exploration guidance of A$710 million is unchanged. The Company’s Five-Year Strategic Plan targets profitable production growth to a sustainable 2Moz per annum by FY26, with declining all-in costs
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- Ann: December 2021 Quarterly Activities Report
Ann: December 2021 Quarterly Activities Report, page-11
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