Sydney, Feb 3, 2026, 16:54 AEDT — Market closed
- After Monday’s steep fall, Northern Star clawed back 1.3%, closing at A$26.94.
- The miner scheduled its FY26 half-year results and investor call for Feb. 12.
- Gold is under close watch after a sharp selloff sparked by uncertainty around the Fed chair and rising futures margins.
Northern Star Resources Ltd shares climbed Tuesday, supported by a rebound in gold prices that helped steady Australia’s gold sector after a shaky start to the week. The stock closed 1.3% higher at A$26.94.
Northern Star slipped 8.09% on Monday, closing at A$26.60 after finishing the previous day at A$28.94, according to Market Index price data.
Northern Star has set a date for its next major update. The company will release FY26 half-year results for the period ending Dec. 31, 2025, ahead of the market open on Feb. 12. A conference call at 9:00 a.m. AEDT will follow, hosted by Managing Director Stuart Tonkin, CFO Ryan Gurner, and COO Simon Jessop.
Gold miners climbed broadly early Tuesday, with Northern Star gaining roughly 3% at its peak as the sector moved up, Market Index noted. Evolution Mining and Newmont also posted notable gains during the session.
Metals continued to drive early action overnight. Gold climbed roughly 3%, hitting near $4,820 an ounce, with silver bouncing back as well. Meanwhile, the Reserve Bank of Australia raised its cash rate by 25 basis points to 3.85%, according to Reuters.
Gold’s recent drop has been sharp, with margin hikes adding fuel to the volatility. “Gold and silver are on a rollercoaster ride,” said SP Angel analyst John Meyer, responding to CME Group’s increased margin requirements for precious metal futures. Deutsche Bank’s Michael Hsueh warned that “the conditions do not appear primed for a sustained reversal” in gold prices. Investing.com Australia
Next week’s results will hinge on costs for Northern Star investors. On Jan. 20, the miner raised its FY26 all-in sustaining cost (AISC) guidance to A$2,600-A$2,800 per ounce, pointing to lower gold sales and increased royalties as the drivers.
Northern Star, a gold producer, runs operations in Western Australia and Alaska, notably the Pogo mine, according to Reuters company data.
The rebound could vanish quickly here. A fresh sharp drop in gold or a rally in the Australian dollar would tighten margins again. Plus, any further decline in output or rise in costs would bring back the doubts that sparked last month’s sell-off.
The upcoming session is set to follow bullion prices and rate chatter once more. For Northern Star, though, the key event is the half-year report and call on Feb. 12, where investors will dig into costs, cash flow, and full-year forecasts.
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