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PRECIOUS METALS | Northern Star Rejects Elliott Proposal to Sell Smaller Assets or Pursue Sale

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2026-06-10 05:07:11
Australia’s largest gold miner, Northern Star Resources, has rejected a proposal from activist investor Elliott Investment Management to sell some smaller assets or explore a sale of the company to a larger miner.

Bloomberg posted on X, reporting that Elliott had urged Northern Star to consider divesting certain non-core operations or pursuing a broader strategic transaction.

Northern Star declined the proposal, signaling it will not pursue those options at this time.
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