Northern Star’s deal

NORTHERN Star Resources has agreed to buy the South Kalgoorlie gold mine from Westgold Resources for $80 million.

The acquisition of the South Kalgoorlie operations, located in Western Australia and about 50km from Northern Star’s Kundana operations, includes the project’s operating processing facility and 800 square kilometres of prospective gold tenure.

Northern Star executive chairman Bill Beament said the deal will help ensure the company meets its production target from organic sources.