Articles On Nickel Mines (ASX:NIC)

ShareCafeOracle Deal Augurs Well for Nickel Mines Nickel Mines Ltd has finalised plans to buy a 70% stake in the Oracle Nickel project in Indonesia in a US$525 million deal that will see a substantial rise in the amount of nickel it produce...

Nickel Mines (NIC) is proceeding with the 70 per cent acquisition of the Oracle Nickel Project in Indonesia NIC has signed a definitive deal with Shanghai Decent to jointly develop the project, which comprises four rotary kiln electric fur...

The share market recouped the last of its omicron-inspired losses during its strongest session in two months. The S&P/ASX 200 climbed 91.5 points or 1.25 per cent to 7405, two points off where it sat when news of the new Covid varian...

Highlights Mesoblast shares topped the ASX gainers’ chart on positive clinical data for cardiovascular disease. Zip Co extended rally for the second day on rating upgrade. Shares of Nickel Mines rose 4% on acquiring stake in the Oracl...

08 Dec 2021 - Nickel Mines (ASX:NIC) has executed an agreement with its partner Shanghai Decent Investment to acquire a 70% equity interest in the Oracle nickel project in central …

Highlights The ASX 200 index rose 0.7% by mid-session amid broad-based buying Barring consumer staples and utilities, all sectors traded in the green zone. Blue-chip mining stocks such as BHP, Rio Tinto, Fortescue Metals traded higher...

Aussie shares pushed towards their longest winning run in four months as financial markets continued to claw back losses triggered by the emergence of the omicron Covid variant. The S&P/ASX 200 climbed 74 points or 1.02 per cent to i...

Highlights The ASX 200 jumped 60.7 points or nearly 0.81% to 7,374.6 in early trade. The IT sector was the top gainer, rising 2.07%, owing to a sizable gain in NASDAQ. A sharp rise in the prices of iron ore and crude oil helped commod...

Highlights The ASX 200 closed 1 per cent higher, up 68.8 points to 7313.9. The RBA kept rates on hold at 0.1% and brushed away concerns about the Omicron variant. Asian markets also performed strongly following their US peers and the...

Local stocks posted solid gains on Tuesday as risk appetite returned to markets, with the ASX 200 posting a gain of +1% for the first time since October 4. The two sectors that came under the most pressure during the recent market wobbles —...

The share market climbed for a third day, adding to gains after the Reserve Bank appeared to open the door to a rate rise next year. The S&P/ASX 200 sealed its longest winning run in more than a month with an advance of 69 points or...

The S&P/ASX 200 Index (ASX: XJO) has followed the lead of Wall Street and is on track to record a strong gain. In afternoon trade, the benchmark index is up 1% to 7,320.5 points. Four ASX shares that have failed to follow the market hi...

Highlights The ASX 200 traded higher by 0.6% by mid-session on Tuesday. Barring utilities and materials, all sectors traded in the green zone. Travel stocks surged on easing concerns about the Omicron variant. Newly listed company Ro...

The share market climbed to its highest in a week before tempering gains ahead of this afternoon’s Reserve Bank policy update. The S&P/ASX 200 trimmed a 67-point opening rally to 48 points or 0.66 per cent at mid-session. Travel s...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Highlights BHP Group shares rose over 3% on plans to unify its corporate structure. Coles Group’s shares fell after FWO filed proceedings against the company. Shares of TPG Telecom dropped on the stake sale by former chairman, David T...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Highlights The ASX 200 traded flat by mid-session, paring early gains. Six of the 11 sectors traded in red, while health care was the worst performer. ALS, Nickel Mines, QBE Insurance, Megaport, Premier Investments topped the gainers’...

The leading S&P/ASX 200 Index (ASX: XJO) resource shares trounced the index in November. While the ASX 200 struggled during the month, losing 0.9%, the 5 best performing ASX 200 resource shares delivered an average gain of 22.7%. Let’s...

The All Ordinaries Index (ASX: XAO) didn’t end up having a great November. Last month, the All Ords ended up going backward for the month, losing roughly 0.7%. But that’s not to say all ASX shares had a disappointing November. Some actual...

The S&P/ASX 200 Index (ASX: XJO) was out of form in November and recorded its third consecutive monthly decline. The benchmark index fell 0.9% over the period to end at 7,256 points. The good news is that this didn’t stop some ASX 200...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Highlights  The ASX 200 closed up, gaining 7.90 points or 0.11 per cent to 7,407.30. Weakness prevailed across most other Asian markets. Cryptocurrency prices surged with Bitcoin trading above the USD 57,000 mark. The ASX 200 open...

Today, the S&P/ASX 200 Index (ASX: XJO) pulled ahead in late trade to finish above its previous close. At the end of the session, the benchmark index finished 0.11% higher at 7,407.3 points. The Aussie market fended off a negative perf...

The ASX 200 tracked sideways for the second straight day on Thursday, eking out an 0.11% gain after yesterday’s 0.15% fall. While the washout was more or less even, the main movers were basically a reverse of yesterday’s price action. Large...

World Overnight SPI Overnight 7400.00 + 7.00 0.09% S&P ASX 200 7399.40 – 11.20 – 0.15% S&P500 4701.46 + 10.76 0.23% Nasdaq Comp 15845.23 + 70.09 0.44% DJIA 35804.38 – 9.42 – 0.03% S&P500 VIX 18.58 – 0.80 – 4.13%...

World Overnight SPI Overnight 7396.00 – 12.00 – 0.16% S&P ASX 200 7410.60 + 57.50 0.78% S&P500 4690.70 + 7.76 0.17% Nasdaq Comp 15775.14 – 79.62 – 0.50% DJIA 35813.80 + 194.55 0.55% S&P500 VIX 19.38 + 0.21 1.10%...

The S&P/ASX 200 (ASX: XJO) succumbed to the global weakening of sentiment, falling 0.6% on Monday with both energy and consumer businesses the major drag. The ASX energy sector continues to fall as oil prices weaken, dropping 1.6%, desp...

On 22nd November 2021, the Australian market ended the trading session in red after significant selling was witnessed in the academic and educational services sector. On the same day, ASX 20 declined by 0.65% and ASX MIDCAP50 witnessed a fa...

Highlights The ASX 200 closed 43.4 points lower, down 0.6 per cent to 7353.1 with energy, travel stocks and financials the worst performers. The market followed the Friday falls at its counterpart markets in the US and Europe as invest...

Today, the S&P/ASX 200 Index (ASX: XJO) slipped lower following reports of a jump in COVID-19 cases across the US and Europe. At the end of the day, the benchmark index fell 0.59% to 7,353.1 points. A change in sentiment on the back of...

Travel and energy stocks steered the share market lower as Europe’s struggles to contain a fourth wave of coronavirus dented optimism about the global recovery. The S&P/ASX 200 finished 43 points or 0.6 per cent lower after earlier l...

The S&P/ASX 200 Index (ASX: XJO) has hardly kicked off the trading week in style this Monday. At the time of writing, the ASX 200 is currently down by 0.45% at 7,363 points. But rather than dwelling on that, let’s instead check out the...

Highlights The ASX 200 fell 0.4% by mid-session on Monday. Six of the 11 sectors traded lower, led by energy, financial and tech sectors. Market sentiment was dented by the resurgece of COVID-19 cases in the US and Europe. Flight Cen...

Aussie shares extended last week’s decline after rising Covid cases in Europe and the US rekindled fears of a global slowdown.    The S&P/ASX 200 trimmed a sharp early fall of almost 60 points to 35 points or 0.48 per cent by mid-ses...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a decline. The benchmark index is currently down 0.35% to 7,370 points. Here’s what is happening on the ASX 200 today: AMP shares rise on update T...

Highlights The ASX 200 quickly shed 0.6% to 7,351 in early trade. The NASDAQ Composite closed above the 16,000-level for the first time on Friday. All the 11 sectors are taking a hit as investors worry about the COVID-19 resurgence....

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Pacific Nickel’s decision to fast-track its Kolosori nickel project has received validation with several holes in recent drilling returning high-grade intersections. While all 27 holes in the first batch of assays intersected nickel, high-g...

On 17th November 2021, the equity market in Australia was influenced by the selling witnessed in the financials sector. On the same day, ASX 20 declined by 1.52% and ASX 300 fell by 0.66%. Also, ASX 200 has witnessed the decline of 0.68% to...

Highlights The ASX 200 finished the day 0.7% lower, down 50.5 points to 7369.9, with an 8% plunge by Commonwealth Bank helping offset gains across 9 of the 11 sectors. Economic updates are being revealed across economies. The global c...

The ASX lost ground on Wednesday, as the banks struggled and the US dollar strengthened as markets continue to assess the prospect of tighter monetary policy and its potential effect on asset prices. Commonwealth Bank (ASX:CBA) tanked in th...

Today, the S&P/ASX 200 Index (ASX: XJO) was dragged lower by a dramatic 8% fall in the Commonwealth Bank of Australia (ASX: CBA) share price. This came after Australia’s largest bank reported its first-quarter earnings update, which su...

The ASX 200 continues its slide, down by 0.63% today after a 0.67% fall yesterday. Stocks were sold off following an ABS data release showing a 3.4% surge in white collar salaries in the year ending September. Overall wages also rose 2.2 pe...

The S&P/ASX 200 Index (ASX: XJO) is having a difficult day and is tumbling lower again. In afternoon trade, the benchmark index is down 0.9% to 7,353.4 points. Four ASX shares that are not letting that hold them back are listed below....

Nickel Mines (NIC) says production from the Angel Nickel Project is well ahead of its commissioning schedule First production of nickel pig iron (NPI) from the Indonesian project is now expected in the first quarter of 2022, well ahead of...

Highlights The ASX 200 was down 0.4% by mid-session on Wednesday. Nine of the 11 sectors were trading in the green, while financial and materials declined the most. All big four lenders dropped, led by CBA. The biggest losers on the...

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

The ASX 200 finished 0.36% higher in Monday trade, as the Information Technology sector and the Consumer Discretionary sector both outperformed with gains more more than 1%. Across the commodities complex, the gold majors found demand with...