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Northern Star in biggest deal yet

Northern Star Resources has agreed to acquire Newmont Goldcorp’s 50% stake in Kalgoorlie Consolidated Gold Mines, operator of the Super Pit, for US$800 million.

Northern Star in biggest deal yet Northern Star in biggest deal yet Northern Star in biggest deal yet Northern Star in biggest deal yet Northern Star in biggest deal yet

An aerial view of Kalgoorlie's iconic Super Pit in Western Australia

The consideration comprises $775 million for Newmont's 50% stake in KCGM and $25 million for associated assets, comprising a separate parcel of 100%-owned Newmont tenements in the region, a