Northern Star Resources Ltd (ASX: NST) has released its FY26 Modern Slavery Statement for the year ending 30 Jun 2026. The Northern Star FY26 Slavery Statement details supplier screening, training results, and audit outcomes across the Company’s global supply chain.
Figure 1: Northern Star Resources Ltd company logo [Courtesy: Northern Star Resources Ltd]
This Northern Star modern slavery statement 2026 Australia release matters for shareholders tracking governance standards. It also matters for anyone following Northern Star ESG gold mining Australia progress, given the Company sits among the ten largest gold miners worldwide.
What the Northern Star FY26 Slavery Statement Reveals
Northern Star’s workforce stood at 10,062 workers as at 30 Jun 2026. This included 5,165 employees and 4,897 contractors across the gold mining sector.
The Company reported strong training completion figures within this Northern Star FY26 Slavery Statement. Key accountable employees reached 96% completion, while all Non-Executive Directors completed mandatory awareness training.
Figure 2: Map of Northern Star’s Kalgoorlie, Yandal, and Pilbara sites across Western Australia [Courtesy: Northern Star Resources Ltd]
Key FY26 Highlights
- 100% completion of awareness training by leadership and Non-Executive Directors
- 96% of key accountable employees completed training
- 100% of planned audits completed against annual targets
- 77% SAQ response rate from selected Tier 1 suppliers
- Zero whistleblower reports linked to modern slavery or human rights abuses
Why This Northern Star ESG Gold Mining Australia Update Matters
Modern slavery reporting has become a growing expectation across the gold mining sector. Investors increasingly weigh supply chain governance alongside production and financial performance.
Northern Star achieved independent limited assurance for this Northern Star FY26 Slavery Statement. Bureau Veritas Australia Pty Ltd reviewed the disclosed metrics, adding external credibility to the Company’s reported figures.
Supply Chain Exposure Under the Northern Star Modern Slavery Statement 2026 Australia Report
Northern Star’s Group procurement team coordinates a global supply chain of 2,734 active Tier 1 suppliers. Total Tier 1 supplier spend reached $5.98 billion during the reporting period.
Local spend totalled $937 million, with 99.8% of total spend classified as low risk. Two suppliers were identified as originating from Turkey, a country with a higher prevalence of modern slavery. These suppliers were previously engaged by De Grey Mining before Northern Star acquired the Hemi Project. Neither supplier raised exceptions to anti-slavery contract provisions.
Figure 3: Breakdown of Northern Star’s FY26 procurement spend by country [Courtesy: Northern Star Resources Ltd]
Supplier Inherent Risk Ratings
Northern Star assessed 1,180 suppliers under its Inherent Risk Assessment process during FY26. Nine suppliers returned a critical risk rating, while 336 returned a high risk rating. A further 558 suppliers received a medium rating, and 277 were rated low risk.
Figure 4: Distribution of Northern Star’s supplier risk ratings across FY26 [Courtesy: Northern Star Resources Ltd]
Actions Taken to Address Risks in the Gold Mining Sector
- Northern Star introduced an internal supplier screening system with specific modern slavery requirements this year. This screening process provides early-stage risk assessment before supplier engagement begins
- The Company also joined the United Nations Global Compact during FY26. This membership supports Northern Star’s commitment to Human Rights, Labour, Environment, and Anti-Corruption principles
Figure 5: Northern Star mine workers stand alongside underground mining equipment at a production site [Courtesy: Northern Star Resources Ltd]
- Eight supplier audits were completed through an independent external consultant. One supplier had findings relating to a breach in award payments, which Northern Star remediated directly. Two additional suppliers received corrective action plans, with follow-up audits confirming completion
- Northern Star’s Purchasing Policy and Supplier Code of Conduct guide how the Company screens suppliers for ESG performance. You can read more about the Company’s broader ESG disclosures for additional context on these frameworks
- Northern Star’s governance structure channels oversight through its Audit and Risk Committee.
Readers can also review the ASX company profile for further background on Northern Star Resources Ltd
Northern Star Share Price (ASX: NST)
- Last traded price: A$23.935
- Market capitalisation: A$32.11 billion
- 52-week range: A$17.070 – A$31.960
Figure 6: Northern Star (ASX: NST) share price movement over the past 12 months [Courtesy: ASX]
Industry Outlook
Modern slavery legislation is not going away, and gold miners are feeling it. Regulators want proof of supplier due diligence, not just a policy sitting on a website. Northern Star’s screening system and UN Global Compact membership put it a step ahead of peers still catching up on this front.
Future Direction and Impact on Northern Star’s ESG Strategy
FY27 brings a confidential whistleblower service, run externally rather than in-house. Workers and suppliers will get a genuinely independent channel to flag concerns, including anything touching modern slavery.
Northern Star also wants closer ties with the UN Global Compact Network Australia going forward. Expect more supplier training, tighter onboarding checks, and continued reporting on how the Company’s due diligence is holding up.
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FAQ
Q1. What period does the Northern Star FY26 Slavery Statement cover?
Ans. It covers the financial year ending 30 Jun 2026.
Q2. How many suppliers did Northern Star assess for modern slavery risk?
Ans. 1,180 suppliers, through the Company’s Inherent Risk Assessment process.
Q3. Did Northern Star receive any whistleblower reports on modern slavery?
Ans. No, the Company recorded zero whistleblower reports on modern slavery in FY26.
Q4. Who provided independent assurance for this statement?
Ans. Bureau Veritas Australia Pty Ltd provided independent limited assurance.
Disclaimer
This article is meant only for informational purposes. If you are an investor who is watching Northern Star Resources closely, all the data published in the content is sourced from ASX announcements and external sources. Kindly verify all the information related to the share price and market data. Any investment should be made at the investor’s own risk. Colitco does not hold any position in the above-mentioned company.
Source
- https://www.nsrltd.com
- https://www.asx.com.au/markets/company/NST
- https://www.modernslaveryregister.gov.au
- https://www.marketindex.com.au/data-api/api/v1/announcements/XASX:NST:6A1339307/pdf/inline/fy26-modern-slavery-statement
Elizabeth Jones is a finance and mining content specialist with over 10 years of experience creating clear, SEO-driven content across fintech, investing, banking, insurance, cryptocurrency, and resource markets. She transforms complex financial data and industry trends into engaging, reader-focused articles that improve understanding and audience engagement.
