Executive Chairman, Northern Star
Mr Beament is a mining engineer from the Western Australian School of Mines with more than 20 years’ experience in the resource sector in mine management, including several senior management positions, including General Manager of the Eloise Copper Mine in Queensland and General Manager of Operations for underground mining specialists Barminco Limited.
Mr Beament has led the growth of Northern Star from a 1¢ shell to an ASX100 company with a market cap of $4 billion.
This growth has been driven by a combination of acquisitions, including the Paulsens, Jundee and Kanowna Belle gold mines in WA, and aggressive exploration programs at and around these assets.
This strategy has resulted in Northern Star generating one of the highest returns on equity of any ASX-listed company, including the industrial sector, and reflects the Company’s philosophy that it is a business first and a mining company second.