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Gold mining company
Northern Star Resources is an Australian gold mining company listed on the Australian Securities Exchange (ASX:NST) with operations in Western Australia and Alaska.
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Northern Star Resources has turned down a US$27.1B bid from Gold Fields, citing undervaluation and strategic risks. With key growth milestones on the horizon, Northern Star's board remains firm. What does this mean for the gold industry? Dive deeper into the unfolding drama.
(Updates with information on the stock movement in the last paragraph.) Gold Fields
By Melanie Burton, Roshan Thomas and Nelson Banya MELBOURNE/HARARE, Sept 28 (Reuters) - Australia's top gold producer Northern Star Resources said it rejected an unsolicited A$38.7 billion ($27.1 billion) takeover proposal from South Africa's Gold Fiel...