Gold miner Northern Star sees silver lining in BHP nickel woes
Northern Star managing director Stuart Tonkin has predicted an end to labour cost pressures in the resources sector, and admits his gold mining company will benefit from the collapse of BHP’s nickel business.
The biggest ASX-listed gold miner sees potential for production costs to plateau or even fall on the back of the demise of the nickel industry in Western Australia, the slump in lithium prices, and the shutdown of high-cost iron ore mines.
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