Articles On Nickel Mines (ASX:NIC)

Weak retail sales and property data in China bode poorly for metals demand Steel production in April was down 5.2% year on year to 92.78Mt But the figure was above the long term average, boding well for iron ore demand if the pace of produ...

Emerging markets index ends flat ASX200 0.5 higher Chinese economy hit by COVID-lockdowns   Anaemic data out of China has taken the fun out of Monday here in Sydney. April retail sales fell more than 11% year on year, almost twice what wa...

Emerging markets index ends flat ASX200 0.5 higher Chinese economy hit by COVID-lockdowns   Anaemic data out of China has taken the fun out of Monday here in Sydney. April retail sales fell more than 11% year on year, almost twice what wa...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Commodity prices may be rocky lately, but could this S&P/ASX 200 Index (ASX: XJO) mining share go higher? The Nickel Mines Ltd (ASX: NIC) share price has dropped 12% in the past week. For perspective, the S&P/ASX 200 Resources Ind...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

XEC falls on Tuesday XJO closes 1.2% lower Carbon Revolution (ASX:CBR) gets Gov backing, shares pop   Another tense morning of selling on the ASX200 has eased off in afternoon trade, although the small cap index will be leaving the barbe...

Pacific Nickel is consolidating its hold over the laterite nickel belt that runs between its Kolosori and Jejevo nickel projects on Santa Isabel Island, Solomon Islands. The company has submitted an application for a third 99.2sqkm prospect...

5000m drilling is due to kick off any day now at Peako’s ‘Eastman’ PGE project Pacific Nickel Mines wants to be a miner by the end of the year Gold-lithium focused ALY launches strategic review of advanced ‘West Lynn’ HPA and cobalt-nickel...

Highlights The ASX Small Ordinaries index gained 1.44% or 45.4 points to 3197.1 by 12:30 PM AEST today. MOH, PNM and PKO are three ASX penny stocks that are outperforming the market today. Proper due diligence and a high-risk appetite...

Emerging Australian company Nickel Mines has received a licence to begin commercial sales from its 80 per cent-owned Angel Nickel Project (ANI) to Indonesia. The Izin Usaha Industri (‘IUI’ or ‘Industrial Business Licence’) was issued to the...

Highlights The benchmark ASX 200 index jumped 0.68% to 7,366.2 in the first 10 minutes of trading. Global stock markets closed higher on Tuesday, while 10-year US Treasury yields retraced a bit from their ~3% highs. Magellan Financial...

World Overnight SPI Overnight 7328.00 + 43.00 0.59% S&P ASX 200 7316.20 – 30.80 – 0.42% S&P500 4175.48 + 20.10 0.48% Nasdaq Comp 12563.76 + 27.74 0.22% DJIA 33128.79 + 67.29 0.20% S&P500 VIX 29.25 – 3.09 – 9.55%...

China’s PMIs dropped to their weakest level in more than two years in April While that’s bad for commodities, Commbank analyst Vivek Dhar says a wave of government infrastructure investment could support demand for steel, aluminium, zinc a...

Nickel Mines (NIC) receives its industrial business licence, or Izin Usaha Industri (IUI), for its Angel nickel project in Indonesia The IUI will allow the company to start commercial sales, with the first sales expected later this month...

World Overnight SPI Overnight 7299.00 – 25.00 – 0.34% S&P ASX 200 7347.00 – 88.00 – 1.18% S&P500 4155.38 + 23.45 0.57% Nasdaq Comp 12536.02 + 201.38 1.63% DJIA 33061.50 + 84.29 0.26% S&P500 VIX 32.34 – 1.06 – 3.17%...

Highlights The Australian share market is likely to extend its losses to Tuesday. According to the latest SPI futures, the ASX 200 is expected to open 25 points or 0.35% lower. On Wall Street, the Dow Jones rose 0.26%, the S...

Central Banks have their fingers on the fun button this week, and the markets are pricing in the big push. The Emerging Companies Index (XEC) has been sunk on day dot, down 2.3%. The S&P/ASX 200 index was down 1.2% at 4.15pm, with this...

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...

A new month was set for a rough start after Wall Street’s worst session since 2020 drove the major indices to new lows for the year. ASX futures skidded 94 points or 1.27 per cent, signalling a resumption of selling pressure after a two-...

Today, the S&P/ASX 200 Index (ASX: XJO) had another leg up as numerous companies posted their quarterly updates. At the end of the session, the benchmark index finished 1.06% higher at 7,435 points. Tech investors inhaled a breath of...

The share market ended a volatile month on a strong note, advancing for a second day ahead of a likely rate rise next week. The S&P/ASX 200 climbed 78 points or 1.06 per cent. The rally trimmed the benchmark’s loss for the month to 6...

According to NABTrade, the S&P/ASX 300 Metals & Mining Index completed Thursday’s session with its biggest, single-day gain in five weeks. Australian miners were benefitting as commodity prices rebounded. NABTrade reported that “Ch...

Today, the S&P/ASX 200 Index (ASX: XJO) broke free of the prevailing concern surrounding markets. At the end of the session, the benchmark index finished 1.32% higher at 7,356.9 points. Surprisingly, nearly all sectors across the Auss...

Andre Labuschagne’s Aeris Resources will pay $234 million in cash and shares to buy copper miner Round Oak Minerals Nickel Mines hits record quarterly EBITDA at Indonickel operations Sandfire shares up ~12% on strong production report   A...

All 11 ASX sectors finished higher today Bue chip miners lifted 3pc, boosting the ASX200 to a ~1% gain Major stocks like Fortescue, Coles, AMP released updates   Miners lifted local blue chips higher today as the sector jumped by over 3%,...

Mining stocks steered the Australian share market higher as Chinese plans to reopen gathered pace and Fortescue Metals raised its iron ore shipping guidance. The S&P/ASX 200 rallied 95.7 points or 1.32 per cent to its first gain in f...

Highlights Australian share market has gained an upbeat momentum in an attempt to get over yesterday’s lows. The Materials sector remains the top gainer by afternoon today (28 April, 2 PM AEST). Three stocks buzzing on the ASX with Ma...

The Nickel Mines Ltd (ASX: NIC) share price is leaping today following the release of the company’s quarterly results. The ASX nickel producer’s share price is currently $1.22, a 5.8% gain. For perspective, the S&P/ASX 200 Index (ASX:...

ASX nickel shares are sliding on Tuesday amid a tough day on the markets for mining companies. Nickel shares on the ASX include Nickel Mines Ltd (ASX: NIC), Mincor Resources NL (ASX: MCR), Panoramic Resources Ltd (ASX: PAN), and IGO Ltd (A...

The ASX will head into the Anzac day long weekend on a slightly sour note following a Friday selloff. For the microcap Emerging Companies index, it was a ~1.5% fall on the day — but that didn’t stop another triple-digit percentage return, t...

Statevolt plans battery metals plant in US, signs lithium supply deal with Controlled Thermal Resources WA’s Curtin University gets $50m Trailblazer funding for resources technology and critical minerals hub Weekly ASX battery metal st...

Australia falls to 52nd place from its 35th place in 2021 in latest Green Future Index Twiggy’s Tattarang invests $28.8mn to remove plastics and other synthetics from supply chains Green nickel explorer BSX mobilises drill rig in Vietnam ...

Blackstone Minerals (BSX) is preparing to begin drilling at the Chim Van nickel target in Vietnam The program is part of a collaboration with the General Department of Geology and Minerals of Vietnam to find new nickel opportunities outsid...

Are high fuel prices accelerating the EV transition? Macquarie says ‘valuation upside remains for all covered ASX lithium and rare earths stocks’ Biggest ASX movers this week: Krakatoa Resources, Ragnar Metals, GME Resources, Jindalee Reso...

Shares of Nickel Mines Ltd (ASX: NIC) continue to trace south after suffering heavy losses in late March, amid the now infamous nickel squeeze. The short squeeze on nickel produced a ripple effect the likes of which hadn’t been seen since...

ASX mining shares were the star performers last quarter, with the basket coming clearly out on top. The S&P/ASX 300 Metal & Mining Index (ASX: XMM) gained 14.7% between December 31 and March 31. The S&P/ASX 200 Materials Inde...

Today, the S&P/ASX 200 Index (ASX: XJO) conjured up a modest gain, in a similar performance to what occurred on Wall Street last night. At the end of the session, the benchmark index finished 0.47% higher at 7,478 points. The majority...

Highlights ASX 200 closed lower at 7,490.10, led by a technology sector sell-off amid a rise in global bond yields. The financial was the best performing sector, gaining 0.70% and rebounding from its recent decline. Investors are clos...

Financial stocks led the way as the ASX 200 dipped by around 0.5%. Large cap coal stocks also found demand following news of more Russia sanctions ASX 200 tech companies fell sharply, after leading the market on Monday ASX large caps outp...

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...