September 28, 2026 — 9:47am

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Australia’s biggest gold miner Northern Star Resources has rejected a “highly opportunistic” takeover offer from South Africa’s Gold Fields.

The owner of Kalgoorlie’s famous super pit, Northern Star said it had “received, considered and rejected a confidential, opportunistic, unsolicited and conditional non-binding indicative proposal from Gold Fields,” in a statement on Monday morning.

According to the company, the indicative proposal represented an implied equity value of $38.7 billion at a 22 per cent premium…

Read the full article at SMH.COM.AU