ASX:NSTMetals and Mining
Why Northern Star Resources (ASX:NST) Is Up 5.7% After Elliott Pushes For Strategic Review And Board Refresh
In early June 2026, Elliott Investment Management disclosed a more than A$1.00 billion stake in Northern Star Resources and publicly urged the company’s board, which is working with Goldman Sachs, to conduct a comprehensive strategic review, consider asset or company-level sale options, refresh the board, and align an ongoing CEO search with operational improvement efforts after recent setbacks.
An interesting aspect of this development is the board’s statement that it regularly reviews...