Articles On Nickel Mines (ASX:NIC)

ShareCafeEvening Report: 25 July, 2022 by Paul Sanger   Australian shares have struggled for momentum as gains in miners on the back of firm commodity prices countered losses in technology and financial stocks. Miners gained 1.1 per cent, w...

Highlights The ASX 200 benchmark index closed marginally lower today (25 July 2022), down 0.024% at 6,789.90 points. A favourable trading update from Flight Centre increased the value of travel equities. Major miners benefited from a...

Highlights The ASX 200 benchmark index closed marginally lower today (25 July 2022), down 0.024% at 6,789.90 points. A favourable trading update from Flight Centre increased the value of travel equities. Major miners benefited from a...

The S&P/ASX 200 Index (ASX: XJO) ended Monday’s session in the red, weighed down by tech shares. At market close, the index was 0.02% lower at 6,789.9 points. The S&P/ASX 200 Information Technology Index (ASX: XIJ) dumped 1.5% fol...

Nickel Industries (NIC) begins the commissioning of the Angel Nickel Power Plant on Halmahera Island The company’s 80 per cent owned Angel Nickel Project started its commissioning process of its 380-megawatt power plant within the Indonesi...

ShareCafeLunch Report: 25 July, 2022 by Paul Sanger   At noon, the S&P/ASX 200 is 0.13 per cent or 8.50 points lower at 6783.00. Asian equities are mixed Monday. Japanese stocks are logging mild declines while Korea is little changed. O...

Dumped along with everything else last month in the broad market sell-off, the nickel stocks are finding favour with investors for one very good reason – unlike nearly all other commodities, the nickel price is up for the year-to-date. It m...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Nickel prices crossed the psychologically significant US$20,000/t mark overnight lifting the sector, as a fleck of optimism around China’s property market reinvigorated base metals. Nickel recorded a large 6.5% bounce to hit US$20,652/t, li...

The S&P/ASX 200 Index (ASX: XJO) slipped lower on Tuesday despite a strong performance by energy shares. The index closed down 0.56% at 6,649.60 points. The market was dragged lower by the S&P/ASX Information Technology Index (ASX...

By Greg Peel All Metals After further big falls in metal prices on Thursday night, and a weak start to US Big Bank earnings on Wall Street, our futures suggested down -52 points on Friday morning but the ASX200 opened down a rather capitula...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

The Nickel Industries Ltd (ASX: NIC) share price is currently one of the worst performers within the S&P/ASX 200 Index (ASX: XJO). At the time of writing, it’s down 5.26% to 90 cents. So what’s going on? Well, China is one of the wor...

S&P/ASX 200 Index (ASX: XJO) mining shares are having a tough end to the week. At the time of writing, the BHP Group Ltd (ASX: BHP) share price is down 3.9%, Fortescue Metals Group Limited (ASX: FMG) shares are down 5.7%, while the Rio...

It’s been a rough time of late for the Nickel Industries Ltd (ASX: NIC) share price. Nickel Industries (formerly known as Nickel Mines) ended up closing at 94 cents a share today, down 1.57% from Friday’s close of 96 cents. That puts the c...

S&P/ASX 200 Index (ASX: XJO) mining shares are dragging on the market today. It comes as one major bank reportedly drops its expectations for base metal prices. The S&P/ASX 200 Materials Index (ASX: XMJ) – home to the market’s...

The ASX 200 closed higher and small caps lower as investors sought for bargains amid the Wednesday resources wreck. Overnight in New York, the Dow Jones closed 0.2% ahead as the US jobs market continued to display especial vigour. The S&amp...

If you’re wanting to gain a little exposure to the mining sector, then you may want to check out the ASX mining shares listed below. They have been named among Bell Potter’s top picks for FY 2023. Here’s what the broker is saying: A...

June was a dreadful month for resources stocks. The S&P/ASX 200 Materials index (XMJ) went into freefall, shedding a substantial 14%. The XMJ is currently looking at a year-to-date loss of ~10%. Part of the fall can be attributed to an...

The ASX 200 and XEC small cap indices rise Attention turns to Tuesday’s date with RBA destiny Celsius Resources is hot   The ASX 200 and the Emerging Markets (XEC) indices are both trading higher on Monday up about 1.2%, ahead of tomorrow...

Nickel and palladium prices rose overnight after the UK announced sanctions against Norilsk Nickel chairman Vladimir Potanin Investors aren’t biting on the sugar hit, with nickel miners joining the broader market in the red Big iron ore mi...

Gold and base metals stocks falter to lead the ASX materials index lower BHP says social value will be front and centre of its decision making as it pledges US$4bn to decarbonisation by 2030 Strandline begins mining early at Coburn mineral...

It’s been a rough few months for the Nickel Industries Ltd (ASX: NIC) share price. Shares in Nickel Industries (formerly known as Nickel Mines) closed flat at $1.01 on Friday, underperforming the S&P/ASX 200 Index (ASX: XJO), which ga...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

ShareCafeEvening Report: 16 June, 2022 by Melissa Darmawan   Australian shares gave back its gains after the relief-rally was overshadowed by concerns of future aggressive interest rate hikes from the Federal Reserve to curtail hot inflatio...

The Nickel Industries Ltd (ASX: NIC) share price fell by 8.6% during today’s market sell-off. At the close on Tuesday, the Nickel Industries shares were worth $1.07 each. This added insult to injury, with the nickel producer’s share pri...

Today, the S&P/ASX 200 Index (ASX: XJO) paraded its third consecutive week of positive performance. At the end of the session, the benchmark index finished 0.88% higher at 7,238.8 points. The lingering prospect of a 40 basis point incr...

It turned out to be a very pleasant day for the S&P/ASX 200 Index (ASX: XJO) on Friday. By market close, the ASX 200 had gained a healthy 0.88% and vaulted back over 7,200 points. But it was an even better day for one ASX 200 share. Th...

ASX nickel shares are struggling on the market today. Nickel explorers in the red today include Nickel Mines Ltd (ASX: NIC), Mincor Resources NL (ASX: MCR), Panoramic Resources Ltd (ASX: PAN), and IGO Ltd (ASX: IGO). By comparison, the S&a...

Sans coal and oil, battery metals are blowing the rest of the commodities complex away in 2022 Lithium carbonate and hydroxide are up 85% and 127% respectively A breakdown of 2022’s five most popular ASX battery metals stocks Our High Vol...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

Cobalt deficit starts to widen from 2024, with no end in sight Labor’s election victory good for “battery material stocks, hydrogen, or new technology”: Far East Capital Booming EV sales will still fall well short of 2050 targets, IEA says...

Tesla gets booted out of S&P 500 ESG index ASIC and ASX to start probing listed companies’ ESG diclosures Stockhead speaks to Futureproof Consulting’s founder Ben Swan As Tesla found out on Thursday, it’s getting harder for companies...

70% of the nickel market is dominated by stainless steel producers But experts say there’s a growing shift in demand on supplying nickel to the battery sector Nickel demand in battery precursors is set to increase by 22% in 2022  Nickel...

High prices for raw materials like lithium and nickel add ~$US12,600 to cost of Silverado EV Carmakers, battery makers increasingly investing in cheaper, better solid-state tech This week’s biggest ASX movers: Galileo, Conico, Greenstone...

ShareCafeEvening Report: 17 May, 2022 by Melissa Darmawan   Australian stocks posted its third straight day of gains pushed higher by the index’s largest banks, miners, and energy stocks, notching its longest winning streak since mid-March....

Miners and energy producers steered the share market to a third straight advance after Chinese progress against Covid outbreaks boosted commodity prices. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent. The Australian benchmark...

Aussie shares pushed for a third straight advance for the first time in a month as gains in commodity stocks offset weakness in tech and healthcare. The S&P/ASX 200 rallied 14 points or 0.2 per cent by mid-session. Rebounds in iro...

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...