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Golden Boy

Northern Star appoints former Perseus Mining CEO Jeff Quartermaine to its board

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The news: Gold miner Northern Star Resources has appointed former managing director and CEO of rival Perseus Mining Jeff Quartermaine to its board as a non-executive director.

The context: Quartermaine led the miner for 15 years before retiring in September 2025.

When he first joined the company, it had a single asset in Ghana. By the time he left, it had three operating mines across Africa with a fourth under construction and a fifth at a definitive feasibility study stage.

The appointment follows the announcement that Glencore executive Suresh Vadnagra would be appointed CEO, effective 5 October.

The company is currently under threat of acquisition interest after activist investor Elliot Management built a roughly 4% stake in the company and pushed for a sale process.

The source: ASX


By Brandon How