Hedge fund Elliott Investment Management, which has built up a stake in Australia’s biggest gold miner, Northern Star Resources Ltd, is calling for a strategic review of the future value creation, including a sale of the company.

The Florida-headquartered investment behemoth is expected to call for a broad review of the underperforming gold miner, and an overhaul of the board.

Elliott Management has reportedly built a A$1B stake in Northern Star Resources, Australia's top gold miner, amid leadership changes and rising gold prices.