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Beament backs gold to bounce back as financial reality bites

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Northern Star Resources boss Bill Beament says the gold price will rebound "very, very hard" as the financial realities of the recovery from COVID-19 start to bite.

Mr Beament said he wasn't worried about the recent slide in the price of the precious metal as Northern Star looks to complete a multibillion-dollar deal to absorb Superpit partner Saracen Mineral Resources.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/beament-backs-gold-to-bounce-back-as-financial-reality-bites-20201125-p56hvz