Gold Price Pullback Hits Northern Star's Revenue

Northern Star Resources (ASX:NST) is an Australian gold mining company that has been affected by the recent gold price pullback.

The gold price, which had reached a high of US$2,065 per ounce in August, has since declined to around US$1,900 per ounce, resulting in lower revenue for gold miners like Northern Star.

Northern Star's managing director, Stuart Tonkin, stated that the company is 'well-positioned' to manage through the current market conditions and that they are focused on maintaining their production levels.