Articles On Poseidon Nickel (ASX:POS)

Poseidon Nickel‘s (ASX:POS) agreement with Perth-based technology company Encore Minerals to develop the gold and nickel tailings at the Windarra Tailings Project in Western Australia is now unconditional. On 31 July 2024, both companies...

The Black Swan operation. Image: Poseidon NickelA new mid-cap, 100,000-ounce-per-annum gold producer is set to be formed in Western Australia through the merging of Horizon Minerals and Poseidon Nickel. As per the deal, Horizon will acquir...

A junior gold miner chaired by the ‘King of Kalgoorlie’ will absorb a struggling nickel minnow that was left in the lurch by Mineral Resources.

Mid-tier miner Horizon Minerals (ASX: HRZ) aims to unlock further significant Western Australian gold potential with its move to acquire Poseidon Nickel (ASX: POS). The acquisition will add to an extensive portfolio already boosted by Horiz...

Poseidon Nickel (ASX:POS) and Horizon Minerals (ASX:HRZ) have today (25 October) revealed plans to merge to create a new Western Australian mid-cap gold producer.  The pair have inked a scheme implementation deed under which Horizon will...

Horizon Minerals is set to take over Poseidon Nickel with a $30m all-scrip deal that will give Horizon a neat opportunity to commercialise its myriad of gold deposits near Kalgoorlie.

ASX edges slightly up by 0.12pc as traders rethink rate cuts Consumer staples shine while gold miners gain amid global tensions 29Metals plunges after cash reserve drop and production decline   The ASX ticked up higher by 0.1% on Wednesd...

Patriot Lithium (ASX:PAT) has announced it’s inked a binding option deal to acquire an 80% interest in Array Metals and Natural Resources’ Katawaro Copper Project (KCP). Array is a company domiciled in Zambia – home to the KCP. On-site a...

Poseidon Nickel (ASX:POS) has confirmed it’s further advanced its copper gold exploration efforts at Lake Johnston. The company has now selected a range of copper-gold drill targets, with with the Billy Rae and Norfolk prospects of fore...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Welcome to Stockhead’s Top 10 at shortly-before-11, highlighting the most notable performers among ASX stocks in morning trade. This update aims to provide a concise overview of the biggest movers based on live data, focusing on those that...

ASX down as RBA holds rates steady again Element 25 lands US$166m grant talks Supermarket stocks drop again amid discount claims backlash   The ASX was down 0.3% at one point but rallied to a flattish close after the Reserve Bank kept in...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

The company behind the stalled Black Swan nickel project north-east of Kalgoorlie-Boulder has failed to reach its capital raising target for its alternative gold exploration strategy.

Aussie shares rose on Fed rate cut hopes Kelsian plunged, while Kalina, Actinogen and Kogan surged Uranium stocks gained on Kazatomprom’s production guidance cut   Aussie shares have kicked off the week strongly, buoyed by US Fed Reserve...

Poseidon Nickel (ASX:POS), a victim of the nickel price crash, has returned to its Lake Johnston nickel acreage – and found early-stage evidence of gold. Back in March, Poseidon was thinking about selling Lake Johnston altogether. It had...

Chalice Mining (ASX:CHN) is the latest nickel player to take steps to cut costs after the price of the battery metal again dipped sharply. The nickel price retreated 2.6% over the course of this week to US$16,586 ($24,693) per tonne by...

ASX gained for the sixth day, boosted by strong US retail sales NAB’s revenue fell slightly; Domain’s profits soared RBA’s Bullock  downplayed the chances of an RBA rate cut this year   The ASX has notched its sixth consecutive day of win...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

The Black Swan operation. Image: Poseidon NickelRecent exploration activities at Poseidon Nickel’s Black Swan and Lake Johnston projects have enhanced the gold prospectivity for the WA-based sites. A total of 52 gold nuggets have been foun...

The ASX200 closed up a third of a percent at 7.850 points in a day of flat trading. It’s reporting season down under and ASX listed companies are reporting a variety of results which are generating a mixture of reactions. Across the d...

Image: Phawat/Shutterstock.com Poseidon Nickel has announced a new partnership with Encore Minerals to develop the Windarra gold and nickel tailings project in WA. Encore intends to use proprietary glycine leaching technology (GLT),Read Mo...

As of 8:30 am AEST, ASX 200 futures are trading 17 points higher, up 0.21%. In the US, major benchmarks ended higher, fueled by a rally in chip stocks. Federal Reserve Chair Jerome Powell indicated that a rate cut 'could be' on the table a...

Intra Energy has completed a drill program targeting both lithium and gold at Maggie Hays Hill Drilling intersected multiple pegmatites over a 2000m strike Quartz veins were also noted in several gold-focused holes   Special Report: Intra...

Heritage surveys finalised and maiden 2000m drill program to commence at Intra Energy’s Maggie Hays Hill project at Lake Johnston Track and drill pad prep already underway Program to focus on 2.5km-long southern pegmatite lithium target as...

IEC completes heritage clearance survey at its Maggie Hays Hill project Survey will clear the way for drilling to test for lithium spodumene and/or gold deposits 2000m drill program will start shortly after the heritage clearance is approv...

Gold results from 15 – 85ppb have been returned at Intra Energy Corporation’s Maggie Hays Hill project Sampling was conducted to follow up a broad +1.5km long gold anomaly that occurs along the sheared contact between a basalt and ultrama...

MRG Metals (ASX:MRQ) witnessed a fourfold share price increase yesterday after revealing a joint venture (JV) deal with a Hong Kong investor to develop its heavy minerals sands projects in Mozambique. The junior explorer, which has a mar...

The S&P 500 notches its 25th record high this year Nvidia surpasses Apple to become the second most valuable company in the world And what’s been happening with gold and copper prices lately?   The ASX 200 is poised to rise when the m...

The ASX200 shed 0.85 per cent today – with every sector – except materials, losing ground. IT stocks weighed on the market, down more than 3%, while the Health Care sector was also weak, falling 2%. In the Green Vulcan Energy Resou...

Poseidon Nickel wants to go it alone at Lake Johnston now that a deal with Chris Ellison’s Mineral Resources has disintegrated, but the bruised explorer is running low on cash.

As the week comes to an end, several junior explorers have notched buzzer-beating share price gains. On the back of no news, Australian Potash’s (ASX:APC) share price has spiked 50% to $0.001 as of 1pm today.  Poseidon Nickel (ASX:POS...

Embattled Poseidon Nickel (ASX:POS) – now a penny-stock as the world doggy paddles in a sea of Indonesian nickel – has announced it’s restarted exploration at its Lake Johnston project about a week after MinRes walked away from buying it....

MinRes still keen on third party lithium processing hub despite breakdown of Lake Johnston plant deal Orica boss Sanjeev Gandhi says gold, copper, coal and iron ore are all keeping commodity demand high, but nickel and lithium miners are p...

Image: Adwo/shutterstock.comMineral Resources (MinRes) will not proceed with its acquisition of Poseidon Nickel’s Lake Johnston nickel concentrator and tenures in Western Australia. Poseidon announced it had received a noticeRead MoreAustr...

  Iluka Resources boss Tom O’Leary says China’s control of the rare earths supply chain is being weaponised, as it seeks support for the troubled Eneabba refinery in WA Bellevue Gold in commercial production, FY25 costs and production guid...

  Coal miner Coronado clobbered as market digests big cost and price miss MinRes Lake Johnston lithium plant deal in rough water Gold miners among those hit in poor day for materials   There was little to be enthused about after Wall Stre...

Chris Ellison’s ambitious plan to open up a lithium processing front for Mineral Resources in the Goldfields could be headed for the rocks.

Image: Henri Koskinen/stock.adobe.comMineral Resources (MinRes) wants to negotiate its deal to acquire Poseidon Nickel’s Lake Johnston nickel concentrator and tenures in Western Australia. Poseidon has said the amended terms don’t alignRea...

Poseidon Nickel this week announced another leadership change, just a day after signing a $15 million deal to sell its Lake Johnston processing plant to Chris Ellison’s Mineral Resources.

The ASX200 is down point zero three of a per cent – contrasting with futures’ predictions. Energy is bucking the trend, up three quarters of a per cent – followed by telecommunications – at nearly half a per cent. In this bulletin, we...

Leading diversified resources company Mineral Resources (ASX: MIN) has continued a busy expansion period with the signing of a farm-in agreement with Lord Resources (ASX: LRD) over the Horse Rocks lithium project. Earlier this week, MinRes...

Poseidon well-funded to drive focus on exploration targeting high-grade nickel sulphide resources Opportunity to reduce costs further with leadership transition Annualised cost savings over $6m realised so far   Special Report: Poseidon...

The ASX200 spiked straight after the Reserve Bank of Australia announced it’ll hold interest rates at 4.35 per cent – the index closing up more than a third (0.36) of a per cent. As far as how sectors went – Materials and Energy each add...

The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent. This is in line with wide-ranging analyst expectations, given positive indicators that inflation has been easing. We’ll update you on the market’s reactio...

Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Only one day after selling a nickel plant – complete with rooms for 200 workers and laboratories on-site – Poseidon Nickel’s (ASX:POS) CEO Craig Jones is “departing to pursue other opportunities.” Mineral Resources didn’t just buy a “pla...

SPI Futures ahead 2pts, after Wall Street rose overnight  The RBA to announce its latest interest rate decision today  AI chipmaker Nvidia unveils powerful new Blackwell platform You can expect an ASX on ice as trade kicks off in Sydney t...

Welcome to the start of Tuesday. The ASX200 is set for a second flat day with futures up 0.03% near 8.30am AEDT. Stocks catching eyes this morning: Poseidon Nickel (POS) has announced a leadership transition. This follows “new...

The Black Swan operation. Image: Poseidon NickelFollowing the announcement that MinRes will take over Poseidon Nickel’s Lake Johnston nickel concentrator and tenures in WA, Poseidon Nickel has announced a leadership transition to compliment...