Articles On Poseidon Nickel (ASX:POS)

  MinRes to convert nickel plant in bid to deliver third Goldfields lithium processing facility Perseus gains competition approval for OreCorp bid in Tanzania Regis hit by wet weather, while Bannerman rises on uranium expansion plans   We...

• Both lithium spot and futures prices have been rallying in the Chinese market and continue to do so today • This is leading analysts to cautiously suggest a lithium recovery • Meanwhile, nickel’s loss is lithium’s gain – per MinRes and...

The ASX200  has been trading mostly flat – down about 0.04 per cent. The Real Estate sector has plunged nearly 2 per cent today ahead of global interest rates policy announcements. The RBA has begun two days of meetings to decide its ne...

Poseidon Nickel monetises Lake Johnston via $15m sale to Mineral Resources Company retains exposure to nickel and lithium exploration success and future production from the project tenements Sale reduces annual expenditure commitments by...

18 Mar 2024 - Perth-based Mineral Resources (ASX:MIN) will spend up to $15 million buying Poseidon Nickel's Lake Johnston nickel concentrator plant and mining rights, using it as t…

Perth-based Mineral Resources (ASX:MIN) will spend up to $15 million buying Poseidon Nickel's Lake Johnston nickel concentrator plant and mining rights, using it as the basis for a new lithium processing hub. However, that's as far as MinRe...

Mineral Resources (ASX: MIN) has shown its confidence in the lithium sector by snapping up a key piece of infrastructure to help consolidate its plans to establish a third processing hub for the battery metal in Western Australia. The compa...

The Mineral Resources Ltd (ASX: MIN) share price is in the green today. Shares in the S&P/ASX 200 Index (ASX: XJO) lithium stock and diversified resources producer closed Friday trading for $65.91. In early trade on Monday, shares are...

Think of them as a big vulture looming over a dying animal. This is the general context in which Mineral Resources (ASX:MIN) is buying Poseidon Nickel’s (ASX:POS) WA-based nickel concentrator plant to convert it into a “lithium processi...

Image: Henri Koskinen/shutterstock.comMineral Resources (MinRes) will take over Poseidon Nickel’s Lake Johnston nickel concentrator and tenures in Western Australia and convert it into a lithium hub. Located approximately 185 kilometresRea...

Chris Ellison’s Mineral Resources is doubling down on the long-term prospects for lithium with plans to open a third WA processing hub.

With the RBA’s interest rates decision due tomorrow, the ASX200’s expected to open marginally higher – the top bank’s two-day meeting gets underway this morning. Our market notched a 2.2 per cent slide last week, and American markets had...

The ASX200 is set to fall with futures down -0.17% near 8.30am AEDT. Here’s stocks catching eyes this morning: Enova Mining (ENV) has made an update on its rare earths strategy. The company says it’s found a “world class” clay REE...

Pilbara Minerals, owner of the biggest hard-rock lithium mine in the world, revealed its half-year earnings this morning The numbers may be lacklustre, but the words were positive WML, 1AE, POS, all trading up nicely today amid a mixed day...

Poseidon identifies two new highly prospective nickel targets at the Windarra project. A recent geological review greatly re-rates the nickel potential, with two new targets identified and re-assessment of existing targets. Windarra’s nick...

The ASX200 is set to sink with futures down 1.21 per cent near 8:30am AEDT. The move follows US inflation data coming out overnight. The story is a bad one – US headline inflation was hotter than expected, staying at 3.1 per cent and...

Rock chip samples uncover a new pegmatite outcrop which extends 85m towards the Medcalf prospect at Charger’s Lake Johnston project Two other spodumene-bearing pegmatite outcrops are located along the same trend with assays up to 2.2% Li2...

Rio Tinto is the rare mining giant that loves lithium, but it’s staying on the sidelines in major M&A so far But it has piled cash into exploring ground held by juniors Rio has pegged ground near TG Metals’ Burmeister discovery and in...

Poseidon Nickel has solved one of the problems facing its Black Swan project — workers’ accommodation in Kalgoorlie-Boulder.

Poseidon Nickel has provided details of the recent progress made at its flagship projects located in Kalgoorlie, Western Australia. Poseidon Nickel chief executive officer Craig Jones said that the companyRead MoreAustralian Mining.

Poseidon Nickel is sweating on a price upswing to restart the Black Swan project north-east of Kalgoorlie-Boulder — even though it concedes it is difficult to confidently forecast what the future holds.

Poseidon Nickel’s new CEO is tackling shareholder concerns head on with a strategy centred on key changes aimed at putting Poseidon in the best possible position for growth and the restart of the Black Swan nickel mine when the time is righ...

The former managing director of Poseidon Nickel, Peter Harold, will assume the top job at zinc-lead-silver explorer Rumble Resources from February next year.

Poseidon Nickel has commenced an aircore (AC) and reverse circulation (RC) drilling program at its Lake Johnston project. The LakeRead MoreAustralian Mining.

Poseidon Nickel (ASX:POS) has launched fresh aircore and reverse circulation (RC) drilling at its Lake Johnston Project in Western Australia.  The $66.74 million market capitalisation company aims to progress several ‘highly promising’ g...

Deep sea oil drilling is hot again, and MCE could well benefit GR Engineering Services could do well on clean energy revolution   MCE to benefit from resurrection of deep sea oil drilling Euroz Hartleys has initiated coverage on advanced...

Nickel sulphide explorer Poseidon Nickel (ASX:POS) has made internal changes to its corporate structure as part of the restart of the Black Swan operations.  The company says these changes have been made to scale back corporate overheads...

Peter Harold will stand down as Poseidon Nickel’s managing director and chief executive as part of cost-cutting measures the company has embarked upon while its Black Swan project remains on hold.

Poseidon has identified around $3m in cost savings annually The initiatives position the company for the Black Swan nickel project restart A revised operating model is expected to materially reduce care and maintenance costs   Poseidon Ni...

Poseidon Nickel (POS) delays its planned restart of the Black Swan project in Western Australia The company’s C-Suite has been reshuffled with the CEO swapping out for the General Manager Poseidon will not restart Black Swan until t...

ASX to open much lower on Friday after a big selloff on Wall Street Big tech stocks plunged, with Arm falling below IPO price Bank of England left rates unchanged   Australian shares are poised to track Wall Street and open sharply lower...

Poseidon Nickel has announced major leadership changes that will take effect throughout October. These key leadership changes arrive a week after Poseidon Nickel Read MoreAustralian Mining.

Poseidon Nickel has announced an update on its projects and exploration plans. The Western Australia nickel giant has said the final investment decision (FID) for its Read MoreAustralian Mining.

Poseidon Nickel is continuing to delay a final investment decision on the restart of the Black Swan project 50km north-east of Kalgoorlie-Boulder because of ‘uncertain global markets’.

Wyloo Metals boss Luca Giacovazzi says EV makers are desperately short on nickel The head of Andrew and Nicola Forrest’s private mining vehicle has pledged a major ramp up in exploration at its newly acquired Kambalda assets BHP also plan...

Sonia Madigan: Welcome to From the Floor at the Kalgoorlie Diggers & Dealers Mining Forum. Now this year lithium has been on everyone’s lips, but the fact is you actually need more nickel in an EV than lithium. Now focused on tha...

Poseidon Nickel has brought in $6 million to progress exploration drilling and development activities at its flagship nickel projects, Black Swan and Lake Johnston, in Western Australia. TheRead MoreAustralian Mining.

Poseidon Nickel (ASX:POS) has received firm commitments to raise $6 million in a placement at $0.02 per share. The placement price represents a 23.1% discount to the last closing price and a 23.2% discount to the 5-day volume weighted avera...

Poseidon Nickel has made significant progress towards the restart and expansion of its Black Swan project in WA. The project is located 300km south of the company’s Windarra nickel project and, when operational, will make the Poseidon Aust...

Poseidon Nickel (POS) decides to defer the restart of its Black Swan project due to operational factors and external market conditions Black Swan’s restart decision is deferred due to project-related factors, local labor market issues, a...

Poseidon is making solid progress towards the restart of its Black Swan nickel mine in Western Australia, with further metallurgical testwork and exploration to set the stage for a successful restart. Poseidon Nickel (ASX:POS) is continuin...

Junior explorer TG Metals (ASX:TG6) has extended a lithium soil anomaly through additional soil sampling work at the Burmeister lithium prospect within its wholly owned Lake Johnston Project in Western Australia.   The company says addition...

The final curtain is nearing on ASX nickel mining share Mincor Resources NL (ASX: MCR) as Fortescue Metals Group Limited (ASX: FMG) founder Andrew ‘Twiggy’ Forrest moves forward with his takeover. Last night, Wyloo Metals — a private comp...

Poseidon Nickel (ASX:POS) reports it has intersected nickel from a recent drilling program that focused on testing the majority of the newly identified Western Ultramafic Unit (WUU) at Lake Johnston. The company says the results provide inc...

Poseidon Nickel has announced exciting results from its latest drill program at its Lake Johnston site. Assay results along the previously defined Western ultramafic unit have identified seven zones of anomalous nickel. The most notable of...

Poseidon Nickel (POS) has struck a middle-upper high-grade 4-metre core section of nickel at its Lake Johnston project in Western Australia The company announced that results from the Maggie Hays West target prove the validity of the pro...

Poseidon Nickel has made a promising greenfields nickel find at its Lake Johnston project, where it may have unearthed a mineralised, open-ended channel at the Maggie Hays West prospect. Poseidon Nickel (ASX:POS) has confirmed several area...

Explorer Mining Green Metals plans to list on August 4 after IPOing at $5m at $0.20 per share with an attractive suite of green metal projects including lithium, PGEs, nickel, vanadium and uranium in WA. The company has entered into three o...

Poseidon Nickel’s Black Swan project in Western Australia has reported a 14 per cent increase in its average nickel grade. Poseidon managing director and chief executive officer Peter Harold said the increase was an important step as the p...

Poseidon Nickel has increased its Black Swan mineral resource estimate as it continues on its path to restart the operation about 50km north-east of Kalgoorlie-Boulder.