Articles On Nickel Mines (ASX:NIC)

Local blue chip shares fell today, as risk-off sentiment prevails across Asia following the latest development in the energy markets. As Brent pushed above US$125 a barrel in Asian hours, ASX Energy and Mining sectors, which have been the t...

Fear of a global economic slowdown helped push the ASX to a third straight loss as gains in defensive sectors were outweighed by profit-taking among commodity stocks. The S&P/ASX 200 declined 58 points or 0.86 per cent to 6980. Today...

The S&P/ASX 200 Index (ASX: XJO) is having another disappointing day so far this Tuesday. At the time of writing, the ASX 200 is down by a disappointing 0.6% at just under 7,000 points after bouncing up and down all day.  But rather th...

It’s a rough day on the broader market, but these ASX mining shares are performing just fine. They’ve each surged to their highest point in at least 12 months on Tuesday. That’s despite the S&P/ASX 200 Index (ASX: XJO) slipping 0.12% w...

A shift to defensive stocks cushioned the ASX against heavy selling on Wall Street as a commodities boom threatened to derail the post-pandemic global economic rebound.   The S&P/ASX 200 eased 11 points or 0.15 per cent. Energy st...

A message from our CIO, Scott Phillips: “G’day Fools. If you’re like us, you’re dismayed by the events taking place in Ukraine. It is an unnecessary humanitarian tragedy. Times like these remind us that money is important, but other things...

A message from our CIO, Scott Phillips: “G’day Fools. If you’re like us, you’re dismayed by the events taking place in Ukraine. It is an unnecessary humanitarian tragedy. Times like these remind us that money is important, but other things...

ASX slumps below 7000 as investors sell energy and mining stocks. St Barbara surges while Nickel Mines dives. Fortescue teams up with Airbus and Ampol quits Russian oil.

Highlights Russia contributes to almost 7% of the global nickel supply. On Monday, three-month nickel contract on London Metal Exchange (LME) rose more than 17% to US$33,820 per tonne. Nickel producers - NIC and MCR are witnessing hig...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

Highlights The ASX 200 traded 0.5% higher, with materials and energy shares leading among blue chips. Asian shares were higher too, after reassuring hints from the Fed about modest rise in interest rates this month. Investors, however...

Today, the S&P/ASX 200 Index (ASX: XJO) solidified another green day backed by strength in the energy and mining sectors. At the end of the session, the benchmark index finished 0.49% higher at 7,151.4 points. Thursday ended up being...

Early works have wrapped up at the Kolosori Nickel Project on Isabel Island in the Solomons, where samples from test pit work are in the process of being dispatched for assaying. Early works at the project site included the construction of...

Ukraine war could push already high nickel, lithium prices higher Australian producers positioned to benefit: Far East Capital’s Warwick Grigor Weekly Winners: Lodestar Minerals, Metals Australia, Lynas Rare Earths Our High Voltage column...

The ASX appeared set for a blistering start to the week following the Dow’s best session in more than a year. Futures action suggested the S&P/ASX 200 would open 166 points or 2.39 per cent higher this morning. However, a weekend...

Today, the S&P/ASX 200 Index (ASX: XJO) avoided negative territory after its worst fall in 17 months yesterday. At the end of the session, the benchmark index finished 0.1% higher at 6,997.8 points. Investors were torn in two directio...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((29M)) - 29metals ((AMX)) - Aerometrex ((AIM)) - Ai-Media Technologies ((AGI)) - Ainsworth Game Technology ((AMA)) - AMA Group ((APA)) - APA Group ((BUB)) - Bubs Australi...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.   After a huge collective performance in 2021, the froth has been blown off l...

Highlights  Australian shares advanced 0.6%, or 44.4 points, to 7205.7 today. A strong session for the technology and communication services sectors catalysed this momentum. Asian stock markets traded mostly higher, despite broadly ne...

Today, the S&P/ASX 200 Index (ASX: XJO) was able to ward off another negative day despite Russia’s push into Ukraine, followed by sanctions from much of the western world. At the end of the session, the benchmark index finished 0.62% h...

Shares in Nickel Mines Ltd (ASX: NIC) are on the move today after the company released its financial results for the full year ended 31 December 2021. At the time of writing, the Nickel Mines share price is trading 6.7% higher at $1.43. Le...

Pilbara Minerals (ASX:PLS) boss Ken Brinsden will step away from his position at managing director of the resurgent lithium miner after announcing its first ever half-year profit. The unprecedented boom in prices of lithium materials for th...

We need a whole lot more nickel than we currently mine to fill the order books of the world’s electric carmakers. That has brought Indonesia, previously seen as a class 2 nickel-only sort of jurisdiction, into play as an EV metals hub. Whil...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

One of the few lithium miners expected to come into production this year is Core Lithium (ASX:CXO). It’s a pretty big deal considering the “extreme” deficit Citigroup analysts are forecasting – equivalent to 6% of supply during 2022 (equiva...

Seven more capital raises were announced today, adding to the 89 ASX-listed companies that have raised almost $2 billion so far this year — that’s an average raise of $22 million. By far, the largest capital raise of 2022 to date was the...

Prices for rare earths neodymium and praseodymium have exploded to record highs Chinese rare earth company swoops on Aussie junior Peak Rare Earths (ASX:PEK) Desperate battery makers continue buying lithium at any price Our High Voltage c...

There was strong activity in capital raising this week, with Nickel Mines (NIC) a clear leader, seeking over $300 million to fund the acquisition of another nickel project in Indonesia. The project is Oracle Nickel and it’s being acquire...

Nickel Mines (NIC) successfully completes its fully underwritten institutional placement and raises $148 million On February 9, NIC announced it would be undertaking a US$225 million (A$313.58 million) capital raising to fund a 30 per cent...

The Nickel Mines Ltd (ASX: NIC) share price is sliding today amid the company completing the first stage of a capital raise. The company’s shares are currently swapping hands for $1.44 apiece, a 1.03% fall on their previous close. Let’s t...

Highlights The benchmark ASX 200 traded 0.72% or 52.5 points higher at 7,314.3 in the first 15 minutes of opening. Global stocks ended higher on Wednesday, with Wall Street rallying again, supported by tech giants. The information tec...

Pacific Nickel continues to take its Kolosori nickel project closer to production, with early works nearing completion ahead of schedule. The early works program at the Kolosori project on Isabel Island, Solomon Islands, is expected to be c...

Nickel Mines (ASX:NIC) is the latest miner in the market for big cash from investors, chasing US$225 million to bankroll a purchase of 30% of the Oracle Nickel Project in Indonesia. The company is on the cusp of a remarkable rise from its $...

Another trading day in February, another win for ASX microcaps. The composite Emerging Companies index rose again on Wednesday for its fourth straight winning session, and eighth in the last nine days either side of a -2.56% wobble on Febru...

The Nickel Mines Ltd (ASX: NIC) share price finished Wednesday’s trading session in a continued trading halt. Before market open today, the low-cost nickel producer requested its shares be halted pending a capital raising announcement. Yes...

Nickel Mines (NIC) has entered a trading halt ahead of a capital raise The company is in the process of earning a 70 per cent interest in the Oracle Nickel project in Indonesia It has also commenced the commissioning phase at its majority-...

The Nickel Mines Ltd (ASX: NIC) share price has been put into the freezer on Wednesday. Its shares have been frozen as the company prepares to release news of a capital raise with media reporting it could be worth around $200 million. The...

After Syrah Resources and Nickel Mines’ big-ticket capital raisings this week, fund managers are turning their attention to Stanmore Resources.

Nickel Mines is in a trading halt ahead of a capital raise, meanwhile Syrah Resources has completed its placement and institutional entitlement offer, with the placement raising approximately $125 million and the institutional entitlement o...

ASX rallies as CBA and Computershare gain on earning updates. Nickel Mines launches capital raising, Sydney Airport takeover legally effective and Forestuce plans renewable farm.

Indonesian nickel miner Nickel Mines is cap in hand in front of Australian institutional investors seeking a capital injection. 

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

Cobalt prices hit US$70,000/t in December; a 119% increase over 12 months ‘While Gigafactories pop up at record speeds, developing industrial-scale [cobalt] mines still takes 10-15 years’: Eurasian Resources Group Lithium producers are rak...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Tesla rakes in biggest quarterly profit ever as EV sales explode. Elon Musk says iron, not nickel-rich chemistries will power “Terrawatt-hour” energy storage business. GWR Group trades iron ore for magnesium in green push. Our High Volta...

Are we getting ahead of ourselves with all the supercycle chatter? The commodities team at Capital Economics thinks so. Despite supply shortages emerging in nickel, copper, lithium and more analysts at Capital, led by Caroline Bain, say the...

Nickel pig iron production has begun at Nickel Mines (NIC) Angel Nickel project in Indonesia The commissioning phase began ahead of schedule and NIC plans to further accelerate work with four rotary kiln electric furnaces to be operational...

As prices scale to levels not seen in over a decade, experts believe it will be “all hands to the pump” to secure the nickel supply needed to deal with a rush in demand from electric vehicles over the next decade. Nickel expert Jim Lennon...

Nickel Mines (NIC) looks to step up its use of green energy with a new solar farm project that will help power its nickel processing operations in Indonesia According to an MoU announced this morning, PT Sumber Energi Surya Nusantara (SESN...