Northern Star Resources (ASX: NST), the leading Perth-based gold miner with production centres in Western Australia and Alaska, has provided an update on the company’s Pogo operation.
Gold production at Pogo is currently halted while repairs are underway on the ball mill motor.
Towards the end of a routine mill shutdown that commenced last week, the team discovered damage to the ball mill motor which tripped during restart.
At this stage, the company expects repair work to the ball mill motor to take up to six weeks. Cost management initiatives have been introduced and team efforts have been prioritised towards the mill repair so that gold production at Pogo can safely resume as soon as possible.
As a result of this unplanned motor repair, Pogo production is likely to be impacted by 20,000-40,000oz in FY23.
Northern Star’s FY23 group production guidance remains unchanged.
