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Northern Star Resources sells WA gold mine

AAP logoAAP 12/10/2016

Northern Star Resources has completed the sale of its Plutonic gold mine in West Australia to Canada's Billabong Gold for a combined value of up to $66 million.

Northern Star declared a fully franked special dividend of three cents per share to investors as it confirmed the sale on Wednesday.

Northern Star, which owns four other gold mines in WA, had originally expected the sale to be completed by September.

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