ASX:NSTMetals and Mining
Northern Star Resources (ASX:NST) Is Down 19.4% After Second FY26 Production Guidance Cut – Has The Bull Case Changed?
Northern Star Resources’ March 2026 operating update revealed a second production guidance cut in two months, with FY26 output now expected to be above 1.5 million ounces due to weaker milling at KCGM and reduced mining productivity at Jundee.
This setback has triggered an operational review, sharpened management’s focus on higher-margin ounces, and intensified attention on the A$1.50 billion KCGM mill expansion slated for early FY27 commissioning.
We’ll now examine how this second guidance...