Northern Star appoints Suresh Vadnagra as CEO, meets full-year gold guidance
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The news: Northern Star Resources has appointed Suresh Vadnagra as its managing director and chief executive officer, effective 5 October, succeeding Stuart Tonkin.
The context: Vadnagra brings more than 25 years of global resource experience spanning enterprise leadership across multiple commodity divisions, moving from his current role as the head of Glencore Nickel and Zinc Industrial Assets in Switzerland.
Prior to Glencore, Vadnagra served as the chief technical and projects officer at Newcrest Mining. He also held senior executive roles across BHP, Iluka Resources, MMG and Las Bambas.
Northern Star also announced that chair Michael Chaney will step down, with current deputy chair Michael Ashforth appointed to take the helm of the board of directors.
Separately, the gold miner reported total sales of 433,000 troy ounces (oz) for the June quarter, bringing its full-year FY26 gold sales to 1,543 oz, in line with the company’s previous production guidance of above 1,500 oz.
What they said: “I take this opportunity again to acknowledge and thank Stu Tonkin for his leadership over the past 13 years and for the significant contributions he has made to the development of Northern Star,” Chaney said.
