Northern Star Resources Ltd (ASX: NST) advises that on 1 December 2021 it completed its acquisition of Newmont Corporation's Kalgoorlie power business for US$95 million.

The business includes a 50 per cent interest in the 110MW Parkeston Power Station and associated infrastructure which provides electricity to KCGM, and the Kalgoorlie area through its connection to the South-West Interconnected System.

The acquisition provides the Company with greater control over power supply to support its Kalgoorlie assets, in particular KCGM, at lower costs and with the ability to implement renewable energy solutions. Northern Star Managing Director Stuart Tonkin said: 'We are pleased to secure this key infrastructure which will enable a simpler pathway to achieving net zero through addition of renewable energy projects

Contact:

Sophie Spartalis

Tel: +61 8 6188 2100

Email: investorrelations@nsrltd.com

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