Northern Star lifts profit 42% to $215m

Gold miner Northern Start has lifted full-year profit 42 per cent to $215 million but gold sales have fallen six per cent to 526,515 ounces.

Gold miner Northern Star Resources has lifted full-year profit 42.2 per cent to $215 million, thanks to a $26.4 million boost from its Plutonic mine sale.

The company sold 526,515 ounces of gold in the 12 months to June 30, down from 561,153 ounces a year ago, at an average price of $1,675 per ounce, while its all-in sustaining cost fell $9 to $1,032 per ounce.

Northern Star declared a final fully-franked dividend of six cents per share, up two cents on the prior corresponding year.