Northern Star Bull Wonders if Hemi Reserves Update Might Disappoint -- Market Talk

Dow Jones05-21 09:50

0150 GMT - Northern Star bull Macquarie is intrigued by the timing of managing director Stuart Tonkin's resignation. "While there is never a good time for an MD transition, we think the timing is interesting in the context of the reserve and resource update, which was originally slated for May," Macquarie says. It wonders if there is some downside to reserves at the Hemi project as it is incorporated into Northern Star's reserves and resources for the first time. In terms of Tonkin's potential successor, Macquarie notes that both Northern Star's chief financial officer and chief operating officer have significant experience and have been with the miner for an extended period of time. The bank has an outperform rating and A$25.00 target on Northern Star, which trades down 1.4% at A$19.08. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

May 20, 2026 21:50 ET (01:50 GMT)

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It wonders if there is some downside to reserves at the Hemi project as it is incorporated into <a href=\"https://laohu8.com/S/NSTC.U\">Northern Star</a>'s reserves and resources for the first time. In terms of Tonkin's potential successor, Macquarie notes that both <a href=\"https://laohu8.com/S/NSTD.U\">Northern Star</a>'s chief financial officer and chief operating officer have significant experience and have been with the miner for an extended period of time. The bank has an outperform rating and A$25.00 target on <a href=\"https://laohu8.com/S/NESRF\">Northern Star</a>, which trades down 1.4% at A$19.08. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 21:50 ET (01:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Northern Star Bull Wonders if Hemi Reserves Update Might Disappoint -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNorthern Star Bull Wonders if Hemi Reserves Update Might Disappoint -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-21 09:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0150 GMT - <a href=\"https://laohu8.com/S/STIC.U\">Northern Star</a> bull <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> is intrigued by the timing of managing director Stuart Tonkin's resignation. \"While there is never a good time for an MD transition, we think the timing is interesting in the context of the reserve and resource update, which was originally slated for May,\" Macquarie says. It wonders if there is some downside to reserves at the Hemi project as it is incorporated into <a href=\"https://laohu8.com/S/NSTC.U\">Northern Star</a>'s reserves and resources for the first time. In terms of Tonkin's potential successor, Macquarie notes that both <a href=\"https://laohu8.com/S/NSTD.U\">Northern Star</a>'s chief financial officer and chief operating officer have significant experience and have been with the miner for an extended period of time. The bank has an outperform rating and A$25.00 target on <a href=\"https://laohu8.com/S/NESRF\">Northern Star</a>, which trades down 1.4% at A$19.08. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 21:50 ET (01:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NST.AU","symbol_name":"NORTHERN STAR RESOURCES LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2637707778","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2637707778","pubTimestamp":1779328200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0150 GMT - Northern Star bull Macquarie is intrigued by the timing of managing director Stuart Tonkin's resignation. \"While there is never a good time for an MD transition, we think the timing is interesting in the context of the reserve and resource update, which was originally slated for May,\" Macquarie says. It wonders if there is some downside to reserves at the Hemi project as it is incorporated into Northern Star's reserves and resources for the first time. In terms of Tonkin's potential successor, Macquarie notes that both Northern Star's chief financial officer and chief operating officer have significant experience and have been with the miner for an extended period of time. The bank has an outperform rating and A$25.00 target on Northern Star, which trades down 1.4% at A$19.08. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NST.AU":"NORTHERN STAR RESOURCES LTD","BK7506":"金矿股","BK7104":"黄金"},"translate_title":"北极星多头想知道Hemi储备更新是否会令人失望——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NST.AU":0.9},"content_text":"0150 GMT - Northern Star bull Macquarie is intrigued by the timing of managing director Stuart Tonkin's resignation. \"While there is never a good time for an MD transition, we think the timing is interesting in the context of the reserve and resource update, which was originally slated for May,\" Macquarie says. It wonders if there is some downside to reserves at the Hemi project as it is incorporated into Northern Star's reserves and resources for the first time. In terms of Tonkin's potential successor, Macquarie notes that both Northern Star's chief financial officer and chief operating officer have significant experience and have been with the miner for an extended period of time. The bank has an outperform rating and A$25.00 target on Northern Star, which trades down 1.4% at A$19.08. 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