Northern Star HY profit up 61% to $104.6m

Gold miner Northern Star has lifted first-half profit 61 per cent to $104.6 million, helped by a 12 per cent increase in the average gold price in the period.

Gold miner Northern Star has lifted first-half profit 61 per cent to $104.6 million.

Net profit for the six months to December 31 rose from $65.1 million in the prior corresponding period, helped by the $15 million sale of its Plutonic mine in Western Australia and a 12 per cent increase in the average gold price in the period to $1,683.

The company kept the interim dividend flat at a fully franked 3.0 cents.