Articles On Nickel Mines (ASX:NIC)

The leading S&P/ASX 200 Index (ASX: XJO) resource shares trounced the index in November. While the ASX 200 struggled during the month, losing 0.9%, the 5 best performing ASX 200 resource shares delivered an average gain of 22.7%. Let’s...

The All Ordinaries Index (ASX: XAO) didn’t end up having a great November. Last month, the All Ords ended up going backward for the month, losing roughly 0.7%. But that’s not to say all ASX shares had a disappointing November. Some actual...

The S&P/ASX 200 Index (ASX: XJO) was out of form in November and recorded its third consecutive monthly decline. The benchmark index fell 0.9% over the period to end at 7,256 points. The good news is that this didn’t stop some ASX 200...

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...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Highlights  The ASX 200 closed up, gaining 7.90 points or 0.11 per cent to 7,407.30. Weakness prevailed across most other Asian markets. Cryptocurrency prices surged with Bitcoin trading above the USD 57,000 mark. The ASX 200 open...

Today, the S&P/ASX 200 Index (ASX: XJO) pulled ahead in late trade to finish above its previous close. At the end of the session, the benchmark index finished 0.11% higher at 7,407.3 points. The Aussie market fended off a negative perf...

The ASX 200 tracked sideways for the second straight day on Thursday, eking out an 0.11% gain after yesterday’s 0.15% fall. While the washout was more or less even, the main movers were basically a reverse of yesterday’s price action. Large...

World Overnight SPI Overnight 7400.00 + 7.00 0.09% S&P ASX 200 7399.40 – 11.20 – 0.15% S&P500 4701.46 + 10.76 0.23% Nasdaq Comp 15845.23 + 70.09 0.44% DJIA 35804.38 – 9.42 – 0.03% S&P500 VIX 18.58 – 0.80 – 4.13%...

World Overnight SPI Overnight 7396.00 – 12.00 – 0.16% S&P ASX 200 7410.60 + 57.50 0.78% S&P500 4690.70 + 7.76 0.17% Nasdaq Comp 15775.14 – 79.62 – 0.50% DJIA 35813.80 + 194.55 0.55% S&P500 VIX 19.38 + 0.21 1.10%...

The S&P/ASX 200 (ASX: XJO) succumbed to the global weakening of sentiment, falling 0.6% on Monday with both energy and consumer businesses the major drag. The ASX energy sector continues to fall as oil prices weaken, dropping 1.6%, desp...

On 22nd November 2021, the Australian market ended the trading session in red after significant selling was witnessed in the academic and educational services sector. On the same day, ASX 20 declined by 0.65% and ASX MIDCAP50 witnessed a fa...

Highlights The ASX 200 closed 43.4 points lower, down 0.6 per cent to 7353.1 with energy, travel stocks and financials the worst performers. The market followed the Friday falls at its counterpart markets in the US and Europe as invest...

Today, the S&P/ASX 200 Index (ASX: XJO) slipped lower following reports of a jump in COVID-19 cases across the US and Europe. At the end of the day, the benchmark index fell 0.59% to 7,353.1 points. A change in sentiment on the back of...

Travel and energy stocks steered the share market lower as Europe’s struggles to contain a fourth wave of coronavirus dented optimism about the global recovery. The S&P/ASX 200 finished 43 points or 0.6 per cent lower after earlier l...

The S&P/ASX 200 Index (ASX: XJO) has hardly kicked off the trading week in style this Monday. At the time of writing, the ASX 200 is currently down by 0.45% at 7,363 points. But rather than dwelling on that, let’s instead check out the...

Highlights The ASX 200 fell 0.4% by mid-session on Monday. Six of the 11 sectors traded lower, led by energy, financial and tech sectors. Market sentiment was dented by the resurgece of COVID-19 cases in the US and Europe. Flight Cen...

Aussie shares extended last week’s decline after rising Covid cases in Europe and the US rekindled fears of a global slowdown.    The S&P/ASX 200 trimmed a sharp early fall of almost 60 points to 35 points or 0.48 per cent by mid-ses...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a decline. The benchmark index is currently down 0.35% to 7,370 points. Here’s what is happening on the ASX 200 today: AMP shares rise on update T...

Highlights The ASX 200 quickly shed 0.6% to 7,351 in early trade. The NASDAQ Composite closed above the 16,000-level for the first time on Friday. All the 11 sectors are taking a hit as investors worry about the COVID-19 resurgence....

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Pacific Nickel’s decision to fast-track its Kolosori nickel project has received validation with several holes in recent drilling returning high-grade intersections. While all 27 holes in the first batch of assays intersected nickel, high-g...

On 17th November 2021, the equity market in Australia was influenced by the selling witnessed in the financials sector. On the same day, ASX 20 declined by 1.52% and ASX 300 fell by 0.66%. Also, ASX 200 has witnessed the decline of 0.68% to...

Highlights The ASX 200 finished the day 0.7% lower, down 50.5 points to 7369.9, with an 8% plunge by Commonwealth Bank helping offset gains across 9 of the 11 sectors. Economic updates are being revealed across economies. The global c...

The ASX lost ground on Wednesday, as the banks struggled and the US dollar strengthened as markets continue to assess the prospect of tighter monetary policy and its potential effect on asset prices. Commonwealth Bank (ASX:CBA) tanked in th...

Today, the S&P/ASX 200 Index (ASX: XJO) was dragged lower by a dramatic 8% fall in the Commonwealth Bank of Australia (ASX: CBA) share price. This came after Australia’s largest bank reported its first-quarter earnings update, which su...

The ASX 200 continues its slide, down by 0.63% today after a 0.67% fall yesterday. Stocks were sold off following an ABS data release showing a 3.4% surge in white collar salaries in the year ending September. Overall wages also rose 2.2 pe...

The S&P/ASX 200 Index (ASX: XJO) is having a difficult day and is tumbling lower again. In afternoon trade, the benchmark index is down 0.9% to 7,353.4 points. Four ASX shares that are not letting that hold them back are listed below....

Nickel Mines (NIC) says production from the Angel Nickel Project is well ahead of its commissioning schedule First production of nickel pig iron (NPI) from the Indonesian project is now expected in the first quarter of 2022, well ahead of...

Highlights The ASX 200 was down 0.4% by mid-session on Wednesday. Nine of the 11 sectors were trading in the green, while financial and materials declined the most. All big four lenders dropped, led by CBA. The biggest losers on the...

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

The ASX 200 finished 0.36% higher in Monday trade, as the Information Technology sector and the Consumer Discretionary sector both outperformed with gains more more than 1%. Across the commodities complex, the gold majors found demand with...

Today, the S&P/ASX 200 Index (ASX: XJO) made its first day of the new week a positive one. At the end of the session, the benchmark index finished 0.36% higher at 7,470.1 points. While the market was mostly green today, a few lagging s...

Highlights By afternoon, the benchmark index was trading 0.29% or 21.9 points higher at 7464.9. Local technology stocks continue to rally since early trade, following an upbeat session on Wall Street. The market has been extremely bul...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

A downbeat week for Australian investors looked set to end with a strong recovery as gains in mining stocks lifted the market towards its first gain in five sessions. The S&P/ASX 200 rallied 73 points or 1 per cent, reversing all but...

Today, the S&P/ASX 200 Index (ASX: XJO) moved further to the downside following a weaker session. At the end of the day, the benchmark index finished 0.24% lower at 7,434.2 points. Another motley day on the market saw a mixture of red...

Lithium boom to continue in 2022: S&P Global Elon Musk under pressure to sell ~$US21bn worth of Tesla stock Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths,...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

The ASX rose 0.48% today to reach its highest point in the week. While energy lost 2% most other sectors were in the green with tech and financials gaining over 1%. Today’s gains came despite the Federal Reserve unveiling a tapering of stim...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Pacific Nickel will fast track early capital works at its Kolosori nickel project in the Solomon Islands after receiving strong investor support for its $5.25m placement. Existing shareholders and a large number of new institutional and sop...

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...