12/05/2026
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Bill Beament’s story works because it wasn’t built around inheritance, luck or flashy BS.
It was built underground.
A WA School of Mines mining engineer, Beament came through the practical side of the industry before becoming one of Australian gold’s most effective company builders. He worked across operations, including senior roles with Barminco and the Eloise copper mine, before taking charge of Northern Star Resources in 2007.
At the time, Northern Star wasn’t a gold giant. Far from it.
It was a struggling explorer with a market value near A$1 million and little room left for failure. Beament’s answer was simple but risky: stop chasing theory and buy a real mine.
In 2010, Northern Star acquired the Paulsens gold mine in the Pilbara for about A$40 million. That single deal changed everything. Paulsens gave the company production, cash flow and credibility.
From there, Northern Star moved fast.
It bought more unwanted or underloved gold assets, improved them, and turned operational discipline into market value. By 2014, it had grown from one mine into a five-mine company. Later came bigger steps, including Jundee, Kalgoorlie assets and a stake in the Super Pit.
By the time Beament left Northern Star in 2021, the company had become one of Australia’s most important gold producers.
He didn’t retire into comfort.
He moved into Develop Global, chasing base metals with the same formula: technical people, hard assets, cash flow and patience.
That’s the Beament story.
Not overnight success.
More like 20 years of pressure turned into gold.
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