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Business Description: Northern Star Resources Ltd (NST) is a gold producing and exploration company with a resource base of over 1.3 million ounces, located in the prospective Ashburton-Pilbara region of Western Australia. NST’s flagship projects are Paulsens and Ashburton gold projects.
Strategy Analysis: Northern Star Resources are pushing to grow resources, production and cash flow at Paulsens. The Company is working hard to establish its second operating mine at its recently acquired Ashburton Project. Ashburton has a JORC resource of 668,000oz and they believe there is scope to increase this. As well as offering exploration potential, Ashburton is attractive to Northern Star because it is within trucking distance of the Paulsens processing plant.
The Age 20/05/2013 |
It is getting virtually impossible to find an expert who believes global equity markets are a risky place to invest. As markets on all continents grind higher and higher, the bears are in danger of becoming extinct and the Winston Churchill "voice in the wilderness" warning us of the troubles ahead seems to have departed the scene. When everyone is in agreement, we should start to get a little worried.
The Age 20/05/2013 |
Tiger Australia has continued to narrow its losses due to stronger returns from fares and is operating without restrictions from air-safety authorities.
The Age 20/05/2013 |
When it comes to forecasting the economy - and thereby the budget balance - the econocrats of the Reserve Bank and Treasury are on a hiding to nothing.
The Age 20/05/2013 |
Markets ought to be about competition. To quote historian Niall Ferguson, they should ensure the survival of the fittest, not the fattest.
The Age 20/05/2013 |
Investment bank Morgan Stanley Smith Barney is being sued after losing more than $5 million from the super accounts of two private clients with a series of "aggressive, highly speculative and high-risk" trades using derivatives and share options.
Sydney Morning Herald 20/05/2013 |
It is getting virtually impossible to find an expert who believes global equity markets are a risky place to invest. As markets on all continents grind higher and higher, the bears are in danger of becoming extinct and the Winston Churchill "voice in the wilderness" warning us of the troubles ahead seems to have departed the scene. When everyone is in agreement, we should start to get a little worried.