Articles On Nickel Mines (ASX:NIC)

Highlights  Australian shares eased downward today as the ASX 200 closed 0.2 per cent lower; energy shares performed worst. Most Asian stocks fell amid concerns that the recovery from COVID-19 will slow as elevated inflation forces tig...

Local stocks lost ground on Thursday, with minor falls at the big end of town and a slightly steeper drop of ~0.8% for the microcap Emerging Markets Index. The ASX opened with a weak lead from Wall Street, after a fortnight of steady gains...

Financial stocks were the only sector in the green today, with the benchmark ASX 200 index falling by 0.3% at the close. It was the first time this week the local bourse finished in the red, in a broad-brushed selloff led by the Energy sect...

Highlights The ASX 200 fell 0.5% by mid-session. All 11 sectors were bleeding in red. Victoria reported 1,923 COVID-19 cases in past 24 hours. Australian shares continued to trade lower by the afternoon as inflation fears and corr...

The ASX 200 edged into positive territory by the close of trade, after digesting Q3 inflation data which came in slightly higher than expected. The higher print for core inflation saw the Aussie dollar push higher and stocks briefly fell, b...

The ASX got off to a solid start today but the rally eased following the release of inflation data. Core inflation rose at the fastest pace since 2015 leading to speculation that the tightening of monetary policy could come sooner than 2024...

Pacific Nickel Mines (PNM) is getting ready to raise more capital after placing its shares in a two-day trading halt on the ASX The materials stock hasn’t released full details of the fundraise, but more information should come to light be...

China’s ongoing energy shortage starts to affect domestic battery materials production Tesla ditches nickel, cobalt as prices soar Pilbara Minerals’ (ASX:PLS) third spodumene auction unofficially scheduled for October 26 Weekly small cap s...

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...

Highlights The ASX 200 ended in a volatile trading session on Friday. The benchmark index finished the week with 0.7% gain. Eight of 11 sectors ended higher, while energy and materials declined the most. Asian shares traded mostly hi...

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Highlights The Australian shares pared back gains enjoyed through most of the day to close flat today, finishing just 1.7 points higher at 7415.4. Weekly payroll jobs edged 0.2% higher in the two weeks ended September 25 in a positive...

Despite an avalanche of quarterly reports there were few standouts among the big resources names on Thursday as the sector traded flat. One bright spot was Indonesian nickel producer Nickel Mines (ASX:NIC), the largest beneficiary of a 5.4%...

After trading higher by half a percent for most of the day, the benchmark ASX 200 ended up just 0.07% higher, taking its weekly gain to 0.70%. Properties and miners were the major winners, while travel stocks dragged the index down. The loc...

Today, the S&P/ASX 200 Index (ASX: XJO) retreated in the afternoon to finish relatively flat. The benchmark index moved 0.02% higher to 7,415.4 points. The market was split in two directions today. While tech and property shares posted...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   Lithium carbonate prices are going gangbusters off the back of limited supply and stable lithium-...

After the unexpected end of Victoria’s lockdown the only way was up for the market, with the S&P/ASX 200 (ASX: XJO) gaining 0.3% to start the week. Whilst not a large gain it hid a further divergence in cyclical versus defensive sectors...

On 18th October 2021, the Australian market managed to end in green. Notably, ASX 20 and ASX 300 increased by 0.47% and 0.24%, respectively. Also, ASX 200 rose by 0.26% and ASX 100 witnessed a rise of 0.28% to 6,085.90. However, on the same...

Highlights  Australian shares closed higher today despite bond yields soaring. ASX 200 touched its highest level in three weeks as the materials sector led the gains. In Asia, stocks plummeted on China’s lower than expected rate of gr...

The Chinese Government sure is stubborn, and has gone full throttle on those steel production cuts most people doubted it would achieve. The latest figures out of China, which threatened to keep output from steel mills at 2020 levels this y...

The ASX 200 started fairly strongly but lost ground into the closing bell to finished 0.19% higher. Two dominant thematics over the past month — surging oil prices and the uranium bull market — were both in full effect today as resources an...

Highlights  Senex Energy jumped nearly 16% on receiving a takeover bid. Aristocrat Leisure shares entered trading halt following an acquisition announcement. Ramelius Resources shares dipped 5.5% on acquisition news. GPT Group shares...

The ASX saw a frenzy of M&A deals today and it sent the market higher. Companies completing deals included Ramelius Resources (ASX:RMS) buying Apollo Consolidated (ASX:AOP) and Class (ASX:CL1) being acquired by Hub24 (ASX:HUB) along wit...

A third day of gains lifted the ASX to its highest close in three weeks, powered by the banking and mining juggernauts. The S&P/ASX 200 trimmed its advance after a mid-session report showed the Chinese economy and factory output slow...

Today, the S&P/ASX 200 Index (ASX: XJO) eked out another positive session. The benchmark index moved 0.26% upwards to 7,381.1 points. It was a mixed day on the market to kick off the new week. While there were strong performers among t...

Highlights The ASX 200 was up 0.4% by lunchtime, boosted by mergers and acquisitions news. Seven of the 11 sectors traded in green, led by energy, financial and materials. Metal and mining companies, OZ Minerals, Orocobre and Nickel M...

Australian shares climbed for a third day ahead of a lunchtime economic update from trading partner China. The S&P/ASX 200 overcame a mid-morning wobble to reach mid-session 25 points or 0.35 per cent ahead. Gains in the heavyweig...

Torque makes new discovery, hitting thick and high-grade gold underneath historic pits Drill assays are pending for Enterprise – Evolution gold joint venture Pacific Nickel Mines (nickel), Consolidated Zinc (zinc, lead) and Audalia (vanadi...

What a time it is to be in base metals, with depleting stocks in metals warehouses and smelter shutdowns in energy starved Europe and China propelling prices to record levels. Is it a short-term phenomenon or a harbinger of what’s to come?...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a solid gain. The benchmark index is currently up 0.4% to 7,391.5 points. Here’s what is happening on the market today: Aristocrat Leisure announc...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It’s been a mixed week for the ASX but it has finished on a high. The ASX 200 closed 0.69% higher than yesterday, closing at 7,362 which marked a 3 week high but is still 3.5% above the all time high reached in mid-August. Travel stocks gai...

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode, Barry chats to Geoff H...

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

Pacific Nickel is on track to complete Stage Two drilling to increase the confidence in existing resources at its Kolosori nickel project in the Solomon Islands in November. To date, the company has drilled 90 of the 151 planned infill hol...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

As much as the lifestyle and tourism sectors have been hit by COVID-19, Ingenia (ASX:INA) has been one exception. Ingenia operates retirement living and holiday parks across Australia and it has benefited from the domestic tourism boom as w...

Today, the S&P/ASX 200 Index (ASX: XJO) ended the week on a positive note. The benchmark index gained 0.87% higher to 7,320.1 points. Investors were treated to a strong showing on Friday. The broad market was flushed with green across...

The stock market sealed its first weekly advance in a month as Chinese markets reopened for trade and the US Senate passed a stop-gap measure to avoid a default. The S&P/ASX 200 rallied 63 points or 0.87 per cent to its highest close...

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Highlights The ASX 200 was up 0.2% by lunchtime, having pared most of early gains. All 11 sectors flashed in the green, led by tech and materials. BNPL firm EML Payments was the top loser, while sectoral leader Afterpay gained. Victo...

The share market charged towards its first weekly advance in a month after US politicians voted to raise the debt ceiling, averting a damaging default.   The S&P/ASX 200 rallied 58 points or 0.8 per cent towards its third gain of a c...

It was a fairly turbulent night on global markets, but the ASX 200 put in a fairly solid day of trade on Thursday to snap a two-day losing streak. Risk-on sentiment held sway as the microcap Emerging Companies index rose more than 1%, while...

While most explorers are perfectly happy to be able to deliver one nickel project, Pacific Nickel is now a step closer towards delivering two projects in the Solomon Islands. This follows its definition of an initial JORC resource of 14.42...

S&P500 edges higher US stocks posted their second straight day of gains overnight, bouncing back after a selloff at the opening bell. All three US stock market benchmarks rose – the Dow Jones up by 0.41%, the S&P 500 by 0.3% ,and t...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.   While the outlook for commodities like iron ore has deteriorated – and is expected to deteriorate...

Vietnam-focused nickel company, Blackstone Minerals, has set in place an agreement for its 90 per cent owned subsidiary, Ban Phuc Nickel Mines to collaborate with the Vietnamese Government to identify new nickel opportunities outside of the...

Blackstone Minerals (ASX: BSX) is gearing up to expand its nickel footprint in Vietnam after it announced a collaboration with the Vietnamese Government to identify new opportunities in the region. The new opportunities will be explored out...

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...