The Super Pit — officially the Fimiston Open Pit — is 3.5km long, 1.5km wide and 600 metres deep. The mine was previously jointly owned by Newmont and Barrick Gold. Northern Star acquired ...

noting that the current spot price would take the IRR of its Fimiston Mill expansion to 30%. Tonkin believes hedging remains a tool available to gold miners to lock in cash flows to support mine ...