Articles On Nickel Mines (ASX:NIC)

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...

The ASX fell to its lowest level since before Christmas as soaring lending rates and energy prices dragged down growth stocks. The S&P/ASX 200 hit 7336, its weakest since December 22, before halving its decline to 37 points or 0.5 pe...

Highlights The ASX 200 fell 0.69% or 51.3 points to 7,356.9 in the first 15 minutes of trade. Benchmark US Treasury yields rallied to a two-year high on Tuesday. Wall Street's main indices tumbled on Tuesday due to weak results from G...

WA-based nickel miners have been clipped as the base metal moderated from decade-plus highs overnight. Mincor Resources (ASX:MCR) was down 3.85% and Panoramic Resources (ASX:PAN) shares shed 1.82% as nickel slipped 0.6%. It remains above US...

Stockhead’s Top 10 at 10, published at 10.30am 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...

Gold and junior resources stocks were some of the only companies to stand out on Friday during a lacklustre session which saw the ASX 200 fall by 1.09%. The big end of town was outperformed by the microcap Emerging Companies index which edg...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

On 13 January 2022, the equity market of Australia ended in green. On the same day, ASX Midcap50 rose by 0.46% and ASX 200 was up by 0.48%. ASX All Ordinaries moved up by 0.45% to 7,797.50. Data Source: ASX, Table Source: Copyright © 202...

Highlights  Nickel prices surged to 10-year high levels on the back of strong demand and tight supplies. The prices are expected to remain buoyed in the future due to its high demand in the manufacturing of lithium-ion batteries. Vari...

The threat of supply disruptions across base metals and iron ore as well as continued strength in gold prices have proven a perfect storm for the materials sector. On a red letter day gold prodded US$1830/oz, iron ore packed on the pounds t...

Today, the S&P/ASX 200 Index (ASX: XJO) dished up another solid performance. At the end of the session, the benchmark index finished 0.48% higher at 7,474.4 points. It was a mixed market for investors on Thursday, but the upwards move...

The ASX 200 was up 0.44% today, as US inflation hit its fastest pace since 1982. If you were thinking ‘that’s ok it was 20 years ago’ um no was actually 40 years ago…oof. Anyway, Luca Paolini, chief strategist at Pictet Asset Management rec...

The ASX has extended its market gains this morning, boosted by US inflation statistics and a sweetened bid from Blackstone to Crown. Australian shares are 0.6 per cent or 44.6 points higher at 7,483.50, boosted by strong advances in the...

Carnaby hits more copper paydirt at Great Duchess, now up +500% over past month Pacific Nickel Mines aiming for first nickel production late 2022 GreenX, Santa Fe up on no news Here are the biggest small cap resources winners in early tra...

On 12 January 2022, the equity market of Australia settled on a favourable note. On the same day, ASX Midcap50 rose by 0.65% and ASX 300 was up by 0.67%. ASX All Ordinaries moved up by 0.67% to 7,762.20. Moreover, some buying was also witne...

Highlights The ASX 200 added 48.8 points and closed at 7438.9 today, thanks to a strong session by energy and technology stocks. Asian stocks witnessed a rebound, same as their American peers after Jerome Powell reassured investors the...

Today, the S&P/ASX 200 Index (ASX: XJO) pulled higher in a similar fashion to Wall Street’s showing last night. At the end of the session, the benchmark index finished 0.66% higher at 7,438.9 points. Pleasingly, most of the sectors ac...

Nickel miners were on a roll today, bolstered by news the price of the battery metal and stainless steel ingredient had struck a seven year high of US$21,400/t overnight. Mincor Resources (ASX:MCR), which controls the bulk of the legendary...

The ASX 200 was up 0.59% today after a flat start to the week. Both US and EU stocks rose after US Federal Reserve Chairman Jerome Powell reiterated the central banks efforts to corral inflation before the Senate Banking Committee. Powell s...

The Nickel Mines Ltd (ASX: NIC) share price is set to finish Wednesday’s trading session on a high note. This comes as the low-cost nickel producer is enjoying multi-year highs on the spot price of nickel. At the time of writing, the compa...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on form and charging higher. At the time of writing, the benchmark index is up 0.5% to 7,427.5 points. Four ASX shares that are climbing more than most today are listed below. Her...

Highlights The ASX 200 traded 0.7% or 51.8 point higher at 7,440.1 in the first 15-minute trade of the day. US indices gained ground on Tuesday after falling in the morning session. The Information technology is leading the pack with...

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) has bounced back and is charging higher. The benchmark index is currently up 0.85% to 7,453 points. Here’s what is happening on the ASX 200 today: Afterpay-Block takeover approval...

Australia’s leading investment analysts are always on the lookout for ASX share opportunities that could generate attractive performance. Share prices are changing all the time, so good value can quickly appear. If a single analyst thinks...

A volatile start to the new year continued with the share market’s heaviest loss since 2020 after the threat of tighter monetary policy spooked Wall Street. The S&P/ASX 200 tumbled 207.5 points or 2.74 per cent. The decline surpassed...

The ASX is known for being a commodity-heavy share market. Australia is a global iron ore mining powerhouse thanks to ASX shares like Rio Tinto Limited (ASX: RIO), BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG) and Min...

Tech stocks steered the share market lower for a second day following sharp falls on Wall Street ahead of higher rates this year. The S&P/ASX 200 retreated 98 points or 1.3 per cent by mid-session. The technology sector skidded to...

Highlights The ASX 200 tumbled over 0.35% or 26.65 points to 7,541.1 in the first 5-minute trade. US stocks fell after minutes from the US Federal Reserve indicated a sooner-than-expected rate hike possibility. The Information Technol...

06 Jan 2022 - A Nickel Mines' (ASX:NIC) project in Indonesia has received corporate tax relief from the Jakarta government. The tax concessions include waiving income tax for a dec…

06 Jan 2022 - A snapshot of the stocks on the move featuring Latitude (ASX:LFS), Nickel Mines (ASX:NIC), and Life360 (ASX:360).

Nickel Mines’ (NIC) Indonesian operating entity, Angel Nickel, secures material corporate tax relief for its rotary kiln electric furnace (RKEF) project in the Indonesia Weda Bay Industrial Park Tax relief includes income tax reduction of...

Pacific Nickel Mines (PNM) completes share purchase plan (SPP) raising an additional $340,500 The SPP was initiated in November following a placement of 52.5 million shares at 10 cents each, raising $5.25 million The combined funds are set...

The ASX is down -0.3% today with the information technology sector taking the cake for the biggest dip at ~3%, followed by the healthcare sector at more than 1.5%. The ASX Emerging Companies Index (XEC) has flatlined. For the second day in...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

On 23 December 2021, the equity market of Australia closed in green as real estate sector was up by 0.65%. On the same day, ASX Midcap50 rose by 0.45% and ASX 300 was up by 0.32%. ASX All Ordinaries moved up by 0.32% to 7,707.50. Data So...

Highlights The ASX 200 closed 0.3% higher, led by a 0.7% gain for utilities and a 0.6% advance for industrial shares. Asian shares and peers on Wall Street also advanced on hopes that the global recovery can weather the omicron flareup...

Today, the S&P/ASX 200 Index (ASX: XJO) notched up its third consecutive day of green. At the end of the session, the benchmark index finished 0.31% higher to 7,387.6 points. It was a broadly green day on the Aussie market on Thursday...

The ASX 200 managed to hold its ground and finished the day 0.31% higher, despite omicron cases raging across NSW and Vic. NSW Premier Dominic Perrottet backflipped on his mask wearing policy and has now mandated the wearing of masks indoor...