Articles On Nickel Mines (ASX:NIC)

The S&P/ASX 200 Index (ASX: XJO) is slipping from its robust week last week in a day of losses so far. At the time of writing, the ASX 200 has lost 0.47% and is trading at just under 7,500 points.  But rather than dwelling on that, let...

Gains in the resources, banking and technology sectors contributed to a 6.9% total return for the ASX200 in March, as Australia continued to outperform global equity markets. -The ASX200 gained 6.9% (total return) during March-Value continu...

Highlights ETFs delivered strong returns during the March quarter. These funds outperformed the benchmark despite the ongoing geopolitical tensions. ETFs were among the most popular investments this year. The Australia...

Canada is slated to invest $2b in nickel, lithium, cobalt, and magnesium Prime Minister Justin Trudeau’s government is due to release its budget on Thursday Weekly ASX battery metal standouts include Golden Deeps, Latin Resources and R...

Yesterday, we took a look at the ASX’s worst-performing exchange-traded funds (ETFs) over the quarter just ended. The three months to 31 March was a relatively volatile period for ASX shares, even though the S&P/ASX 200 Index (ASX: XJO...

Highlights Despite ongoing geopolitical tensions, the ASX 200 gained in March. The benchmark advanced 4% over the month to end at 7,499.6 points. However, there were stocks which couldn’t follow the market’s lead and poste...

ShareCafeNickel Slowly Getting Back on Track after LME Fiasco No sign of the London Metal Exchange’s nickel short debacle impacting demand and deals for the metal, although pricing remains uncertain with confidence slow to return to trading...

Pacific Nickel continues to progress its Kolosori nickel project in the Solomon Islands towards a development decision with the receipt of indicative finance proposals. The company is currently reviewing the proposals it’s received for fina...

It was a stellar month for the S&P/ASX 200 (ASX: XJO), rising 5.71% over March and is just down just 1.16% for the year. Some companies bounced back to life, while others had share prices reverse. Here was the best and worst-performing...

The S&P/ASX 200 Index (ASX: XJO) was well and truly on form in March. The benchmark index stormed 6.4% higher over the month to end at 7,499.6 points. Unfortunately, not all shares were able to follow the market’s lead. Here’s why thes...

The Australian mining industry got some big news this week. The Australian trade minister Dan Tehan met with the US Commerce Secretary Gina Raimondo in Washington D.C. This was for the inaugural Australia-US Strategic Commercial Dialogue....

The S&P/ASX 200 Index (ASX: XJO) is again powering ahead in another day of green so far this Thursday. At the time of writing, the ASX 200 is up by a solid 0.23% at just over 7,500 points.  But let’s delve a little deeper into these ga...

Far East Gold (FEG) has been trading up around 50 per cent after raising $11.73 million through its IPO raise with 20-cent shares The company brings together a portfolio of six projects: half in Indonesia, the rest in central Queensland Mo...

ASX 200 has touched a new high-water mark for 2022 Aussie Government sets aside $1.2 billion for Phase One of the national space mission Major movers today: Culpeo Minerals, Tesoro Resources, Latin Resources   The ASX 200 has touched a ne...

Nickel Mines (NIC) begins commissioning the third of four rotary kiln-electric furnace (RKEF) lines at its Angel Nickel project (ANI) in Indonesia. The company’s fourth and final RKEF is expected to commence its commissioning phase by the...

Shares in Far East Gold are rising sharply on Monday after the cooper-gold explorer enjoyed a strong IPO, with support from all corners of both institutional and retail investors. It’s always a good sign when your top backers go in and go i...

Copper-gold explorer Far East Gold will ring the bell and hit the local share market on Monday morning under the ticker ‘FEG’ following a $12 million initial public offering at 20c a share. The Queensland-based company will make its debut...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

The S&P/ASX 200 Index (ASX: XJO) is looking likely to end the week on a high thus far during this Friday’s trading session. At the time of writing, the ASX 200 is up by a solid 0.37% at just over 7,410 points. But let’s dig somewhat de...

Highlights Nickel prices shot up nearly 14.96% on Wednesday, a day after plunging 10%. The prices of the metal have slumped more than 41% in the last one week. Earlier this month, the prices hit the US$100,000 mark amid a vicious shor...

The S&P/ASX 200 Index (ASX: XJO) is having another positive, if bouncy, day of trading on the markets today. At the time of writing, the ASX 200 is up by a tentative 0.13% at just under 7,400 points. But let’s dive deeper into these ma...

The Nickel Mines Ltd (ASX: NIC) share price has been on a bit of a rollercoaster ride in recent weeks. Since this time last month, the nickel producer’s shares have been as high as $1.79 and a low as $1.15. The Nickel Mines share price is...

Emanuel Datt says persistent supply chain issues could bring back manufacturing to Australia He says geopolitical tensions could provide investment opportunities Datt also shares his top ASX stock picks Investing in Australia will remain...

The S&P/ASX 200 Index (ASX: XJO) is enjoying another decent day of green today. At the time of writing, the ASX 200 is up by a solid 0.5% at just under 7,380 points. But let’s dig deeper into these gains and take a look at the ASX 200...

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was on form again and stormed higher. The benchmark index jumped 0.8% to 7,341.1 points. Will the market be able to build on this on Wednesday? Here are five things to watch: ASX 200 expecte...

The S&P/ASX 200 Index (ASX: XJO) is having a very odd day indeed to kick off the trading week in style. At the time of writing, the ASX 200 is up by 0.13% at just over 7,300 points after many stints above and below the breakeven line t...

It’s been five of the maddest days of trade – possibly the maddest – anyone’s ever seen in Hong Kong. On Wednesday, around lunchtime here in Sydney, the benchmark Hang Seng index burst into sudden life. I mean, one moment there it is lying...

The S&P/ASX 200 Index (ASX: XJO) is benefitting from another strong performance here on the ASX this Thursday. At the time of writing, the ASX 200 is up a pleasing 1% at just under 7,250 points.  But let’s dig a little deeper into thes...

World Overnight SPI Overnight 7290.00 + 106.00 1.48% S&P ASX 200 7175.20 + 77.80 1.10% S&P500 4357.86 + 95.41 2.24% Nasdaq Comp 13436.55 + 487.93 3.77% DJIA 34063.10 + 518.76 1.55% S&P500 VIX 26.67 – 3.16 – 10.59%...

The Nickel Mines Ltd (ASX: NIC) share price closed almost 4% higher today ahead of the restart in nickel trading on the London Metal Exchange. Nickel Mines shares finished the day at $1.20, a 3.9% gain. For perspective, the S&P/ASX 20...

The S&P/ASX 200 Index (ASX: XJO) is enjoying a relatively robust day in the green so far this Wednesday. At the time of writing, the ASX 200 is up a healthy 0.93% at just over 7,150 points.  But let’s dive deeper into these gains and h...

Uranium prices stormed to decade highs last week of ~US$60/lb on the back of supply concerns. Russia and its ally states in Kazakhstan and Uzbekistan are major suppliers of yellowcake to nuclear facilities around the world, especially the U...

World Overnight SPI Overnight 7138.00 + 41.00 0.58% S&P ASX 200 7097.40 – 52.00 – 0.73% S&P500 4262.45 + 89.34 2.14% Nasdaq Comp 12948.62 + 367.40 2.92% DJIA 33544.34 + 599.10 1.82% S&P500 VIX 29.83 – 1.94 – 6.11%...

The ASX 200 index is 1.1 per cent stronger amid broad-based gains across sectors. Magellan higher on share buyback. Nickel Mines recovers. Suncorp flags higher flood costs and Uniti may have more suitors.

‘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...

Anecdotal evidence suggests EVs more popular as fuel prices soar Weekly ASX battery metal standouts include St George, Riversgold, Ragusa and Moho  Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, co...

ShareCafeAll Eyes on Nickel Ahead of LME Reopening Enormous pressure on global commodity markets today and tonight as traders large and small watch what will be a big test of faith – can the London Metal Exchange restart trading in the nick...

In case you missed it, the price of nickel went vertical on 8 March and briefly topped US$100,000 per tonne for the first time ever. There hasn’t been this kind of calamity on commodities exchanges since previous crises for tin, oil and g...

The S&P/ASX 200 Index (ASX: XJO) has reversed some of yesterday’s gains so far this Tuesday and is currently well into negative territory. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is down by 0.72% at just under 7,10...

World Overnight SPI Overnight 7087.00 – 61.00 – 0.85% S&P ASX 200 7149.40 + 85.80 1.21% S&P500 4173.11 – 31.20 – 0.74% Nasdaq Comp 12581.22 – 262.59 – 2.04% DJIA 32945.24 + 1.05 0.00% S&P500 VIX 31.77 + 1.02 3.32%...

ShareCafeIGO Standing Pat on Western Areas Bid IGO CEO Peter Bradford says the surge in nickel prices and subsequent confusion after trading was stopped a week ago will not force his company to lift its mooted offer price of $3.36 for rival...

Nickel prices had already been rising steadily this year, hitting 11-year highs last month on low stockpiles and demand from the growing EV battery market. Nickel stocks held through the LME are at just 75,012t, the lowest level since 2019....

Local shares have clawed back losses from Friday, gaining 1.21% in a session where 10 out of 11 sectors rose. Financials, Healthcare, Discretionary were some of the best performing sectors today. Even the Tech finished in the green, despite...

The S&P/ASX 200 Index (ASX: XJO) has kicked the week off on a strong footing, recording a gain of 1.06% at the time of writing to just under 7,140 points. But let’s go a little deeper and check out the ASX 200 shares that are currently...

The S&P/ASX 200 Index (ASX: XJO) has started the week strongly. In afternoon trade, the benchmark index is up 1.2% to 7,147.8 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they...

The Nickel Mines (ASX: NIC) share price is falling today amid an update on its Oracle Nickel Project. Nickel Mines shares are currently trading on the ASX at $1.17, a 2.5% fall. For perspective, the S&P/ASX 200 Index (ASX: XJO) is up 1...

Nickel Mines (NIC) announces “material corporate tax relief” for the Indonesian operating entity PT Oracle Nickel Industry that manages its Oracle nickel rotary kiln-electric arc furnace (RKEF) project in Indonesia The company says the Ind...

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...

By Greg Peel Taking Cover I suggested on Friday morning the local market would likely pull back in Friday’s session given no one wants to take risk home at such a time. Despite the futures suggesting a -38 point fall, the ASX200 opened up 2...

ShareCafeLME Suspension May Prove Timely for Nickel Mines No trading in nickel on the London Metal Exchange for at least part of this week should be good news for Australia’s Nickel Mines Ltd after its shares lost 25% of their value last we...