Articles On Nickel Mines (ASX:NIC)

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Highlights:  Australia hosts a rich deposit of nickel. Nickel is widely used to produce essential alloys such as stainless steel.  Nickel plays an important role in manufacturing of several essential items needed in our daily lives...

Pacific Nickel Mines is funded to complete its all-important feasibility study and begin mine development at its Kolosori nickel project in the Solomon Islands after a $5.275 million capital raising. Conducted at 7c a share, a 21.3% discoun...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Pacific Nickel Mines (PNM) enters a trading halt while it plans a capital raise The resources business expects to remain in the trading halt until Monday, October 17, by which time it plans to have released the details of the capital raiseM...

A brief one today, because there’s been a lot of loose threads to chase down about a whole bunch of stuff, and then suddenly the end of the day was looming but by then we’d all run out of coffee, and now we’re all tired and you should be to...

ShareCafeFinancials steals the show: Aus shares close 0.04% higher by Peter Milios   The ASX is up, snapping a 3-day losing streak. The stars of the day were Financials and Coal Miners. Bank of Queensland (ASX:BOQ) finished 11.13 per cent h...

Highlights The ASX 200 benchmark index closed 2.50 points up to end at 6,647.50 points on Wednesday (12 October 2022). Over the last five days, the index has lost 2.47% and 8.40% over the last 52 weeks. Financial sector gained the max...

Pacific Nickel’s plans to start production of direct shipping ore from its Kolosori nickel project in the Solomon Islands has been boosted by an upgrade in its resources. Overall resources increased modestly from 5.89Mt grading 1.55% nickel...

ASX 200 down 0.5% Small caps  crash about 1.1% OXR up 50% on some quality HR     And that’s how you say Wednesday was merde in French. Let’s do some good news first. Aussie retail sales climbed for an eighth consecutive month in August,...

A flat morning for the S&P/ASX Materials index Piedmont and partner Atlantic are up 4.7% and 10.7% respectively in morning trade Nickel industries closer to becoming global top 10 producer All your ASX large cap mining news in early t...

The ASX 200 is set to open lower on Wednesday Potential sabotage incident at Nord Stream 1 and Nord Stream 2 gas pipelines US SEC fines 8 Wall Street firms US$125m each Local shares are set to open lower on Wednesday. At 8am AEST, the ASX...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

The Nickel Industries Ltd (ASX: NIC) share price is falling wayside during trade on Wednesday morning. This comes after the company announced a long-term strategic cooperation agreement with PT QMB New Energy Materials (QMB). At the time...

Lithium stocks keep powered the materials sector with prices pushing higher beyond 500,000RMB for lithium carbonate in China Bulk metals and coal also heavily bought as China’s latest Covid lockdown unwinds   Miners pulled out two from tw...

The S&P/ASX 200 Index (ASX: XJO) rebounded from its recent suffering, driven higher by mining giants on Tuesday. The index closed 1.29% higher at 6,806.40 points today. Mining stocks led the pack today, with the S&P/ASX 200 Materi...

The ASX 200 gains 0.2%   Small caps end slightly lower  The hunt for red (ETF) September   The ASX 200 has made a decent fist of Thursday, rebounding in its own way and ending the session 0.2% higher. The energy sector led gains again. Th...

The S&P/ASX 200 Materials Index (ASX: XMJ) is climbing 0.056% today, but three ASX mining stocks are soaring far higher. The Pacific Nickel Mines Ltd (ASX: PNM), Infinity Mining Ltd (ASX: IMI) and Kairos Minerals Ltd (ASX: KAI) share...

Pacific Nickel Mines has been awarded a Mining Lease for the Kolosori Nickel Project on Isabel Island in the Solomon Islands from the Minister of the Ministry of Mines, Energy and Rural Electrification. The company has also entered into a S...

Pacific Nickel Mines (PNM) has been awarded a mining lease for its Kolosori nickel project in the Solomon IslandsThe company has now turned its focus toward a definitive feasibility study (DFS) for the project, which it will finalise on the...

The ASX will rise modestly higher on Thursday Wall Street whipsawed in a volatile day of trading Aussie unemployment data ahead Local shares are set to open modestly higher today. At 8am AEST, the ASX 200 September futures contract is poi...

ShareCafeInflation data belts US equity markets                    Stocks plummeted and US government bond yields soared on Tuesday, as fresh data undermined investors’ bets on the persistence of inflation and how much the Federal Res...

At least 384 new graphite, lithium, nickel, and cobalt mines are needed in the next 12 years, Benchmark predicts 97, 56,000tpa natural flake graphite mines will need to be built 74 new lithium mines with an average size of 45,000 tonnes LC...

ShareCafeEvening Report: 12 September, 2022 by Paul Sanger   At the closing bell, the S&P/ASX 200 was 1.02 per cent or 70.30 points higher at 6964.50. Futures The Dow Jones futures are pointing to a rise of 19 points. The S&P 500 fu...

ASX 200 gains 1%  Small Caps index does the same, but then gives it all back ODE wins and NIC MD Justin Werner: Hengjaya joins world’s best nickel resources   The ASX Emerging Companies index (XEC) has given all away its early gains on Mo...

Rio Tinto faces fresh opposition to US$3.3b Mongolian copper deal, with another dissident Turquoise Hill shareholder emerging Miners prosper as mood turns bullish on commodities   Best of luck to Rio Tinto (ASX:RIO), which is staring down...

The S&P/ASX 200 Index (ASX: XJO) started the week off with a bang, driven higher by miners and tech shares. The index lifted 1.02% to close at 6,964.50 points on Monday. The S&P/ASX 200 Materials Index (ASX: XMJ) closed today’s s...

Highlights: The ASX 200 benchmark index closed up today, gaining 1.02% to end at 6,964.50 points. Over the last five days, the index has gained 1.64%, but is down 6.45% for the last year to date. Materials was the best performing sect...

The ASX extends its 1% gain last week by another 1% on Monday Miners lead as commodity prices rally US CPI ahead tonight   The ASX tracked last Friday’s rally on Wall Street’s and jumped 1% straight out of the gates this morning. The inde...

Monday is proving to be a good day for investors, with the S&P/ASX 200 Index (ASX: XJO) lifting 1.1% at the time of writing. Leading the way are ASX 200 mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) is out in front of...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a strong gain. At the time of writing, the benchmark index is up 1% to 6,964.5 points. Four ASX shares that are climbing more than most today are...

The Nickel Industries Ltd (ASX: NIC) share price has been a strong performer on Monday. In early afternoon trade, the nickel producer’s shares are up 7% to 96 cents. Why is the Nickel Industries share price racing higher? Investors have...

ShareCafeLunch Report: 12 September, 2022 by Paul Sanger   At noon, the S&P/ASX 200 is 1.04 per cent or 71.60 points higher at 6965.80. The SPI futures are pointing to a rise of 72 points. Best and worst performers The best-performing s...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

It’s been a bouncy, yet overall negative day for the S&P/ASX 200 Index (ASX: XJO) so far this Tuesday. At present, the ASX 200 has fallen by a tentative 0.058% and is trading at just above 6,850 points. But let’s talk about the Nickel...

ShareCafeCoal the star performer as energy crisis worsens in Europe                    European equity markets finished lower on Monday, but off to the worst levels. US equity futures higher with US markets closed for the Labour Day h...

Chinese Covid lockdowns continue to drive volatility for base metals and iron ore, as the price of Australia’s headline commodity drops below US$100/t Materials sector dips as major miners fall African goldie Perseus delivers record profit...

The Nickel Industries Ltd (ASX: NIC) share price is in the red on Wednesday after the miner reported its half-year FY22 earnings. The Nickel Industries share price is down 3.41% to 99 cents at the time of writing. Let’s take a look at th...

The Nickel Mines Ltd (ASX: NIC) share price is belting the S&P/ASX 200 Index (ASX: XJO) today. At the time of writing, the nickel producer’s shares are up 3.31% to an intraday high of $1.09 apiece. In comparison, the benchmark ASX 20...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

ASX nickel stocks have been garnering increased investor attention as the world’s shift to EVs and grid battery storage accelerates. While most people are aware of the crucial role of lithium in lithium-ion batteries, nickel is also a cr...

The Nickel Industries Ltd (ASX: NIC) share price is trading higher today after the company announced a binding agreement for a battery solar project in Indonesia. Shares of the nickel pig iron producer are fetching $1.152 apiece, up 2.86%....

Highlights Nickel Industries Limited (ASX:NIC) has inked a binding term sheet with SESNA, an Indonesian solar development company. The agreement is regarding the installation and operation of a battery solar project. NIC doesn't have...

Nickel Industries invests in power deal to bring solar to Indonickel plants Santos announces FID on Pikka oil field after energy price run spurs ~US$1.3b profit   It’s well known that we have a shortage of battery quality nickel going aro...

ASX shares with exposure to nickel exploration and production are in the spotlight. This comes as nickel prices are rebounding and global EV production is booming. China reported an all-time high of 571,000 EV sales in June, helping drive...

Stanmore Resources pays US$380 million to suck up 20% stake in Poitrel and South Walker Creek mines $2 billion coal miner generated US$232.7m profit in the first half after buying 80% of the asset from BHP in May Materials stocks fall with...

Goldman Sachs thinks BHP could slash dividends on weak economy and M&A ambitions Lithium runs hard But Materials and Energy stocks yield earlier gains  Rio Tinto’s (ASX:RIO) move to curb its half year dividend last month has doused ex...

The S&P/ASX 200 Index (ASX: XJO) dipped in and out of the red over the course of Tuesday before ultimately closing higher, helped along by tech shares. The index was 0.13% higher at 7,029.8 points at the market close. The S&P/ASX...

The Nickel Industries Ltd (ASX: NIC) share price closed lower on Monday amid a significant debt announcement by the mineral exploration company. Nickel Industries shares finished the day down 1.82% at $1.08 each after hitting an intraday l...

Nickel Industries locks in $US225m debt funding which will be used to pay off  70% Oracle nickel project stake NIC will grow by x3 from FY21 levels and jump into the top 10 largest global producers next year Alongside Energy, Materials (XM...