ASX 200 Closes at Two-Week High, Miners Gain While Energy Falls on Oil Drop

Northern Star Resources Ltd shares drew attention again Friday after the gold producer cautioned it’s struggling to hit even the lower end of its full-year production target. Ongoing performance issues at Kalgoorlie Consolidated Gold Mines, or KCGM, together with slower mining at Jundee, are weighing on results. In the first two months of the March quarter—January and February—gold sales reached 220,000 ounces.

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.