Dec 17 (Reuters) - Northern Star Resources Ltd NST.AX :
* NORTHERN STAR TO ACQUIRE 50% OF KCGM SUPER PIT AND ASSOCIATED ASSETS
* DEAL FOR US$800 MILLION
* DEAL WILL BE FUNDED VIA A$480M IN DEBT, A$765M INSTITUTIONAL PLACEMENT AND A SHARE PURCHASE PLAN TARGETING UP TO A$50M
* ACQUISITION WILL BE IMMEDIATELY ACCRETIVE TO CO ON AN EV/RESERVES, EV/RESOURCE, P/NAV BASIS, EPS IN FIRST FULL FY OF OWNERSHIP
* CO EXPECTS ITS SHARE OF KCGM TO ADD 120,000-140,000OZ TO ITS FY2020 GOLD PRODUCTION AT AN AISC OF A$1,450/OZ TO A$1,550/OZ
* NORTHERN STAR'S FY2020 GUIDANCE INCREASED TO 920,000OZ TO 1,040,000OZ AT AN AISC OF A$1,240/OZ TO A$1,340/OZ
* TRANSACTION EXPECTED TO COMPLETE BY EARLY JANUARY 2020
* AUSTRALIAN OPERATIONS ARE FORECAST TO PRODUCE 165,000OZ TO 175,000OZ IN DECEMBER QUARTER, 2019