Articles On Poseidon Nickel (ASX:POS)

Poseidon Nickel has entered into a draft agreement with Pure Battery Technologies to study the merits of supplying nickel concentrate to the Queensland-based company’s proposed Kalgoorlie refinery.

Poseidon is on the front foot with an early-stage deal that could see it supply nickel concentrate to a proposed new battery materials refinery in Western Australia. Poseidon Nickel (ASX:POS) has signed a memorandum of understanding with P...

“We look forward to working with PBT to determine if our potential concentrate production could be feed for PBT’s proposed refinery, should we decide to proceed with development of our projects,” managing director and CEO Peter Harold said.

Poseidon Nickel (POS) sign MOU with Pure Battery Technologies (PBT) for the supply of nickel concentrate The nickel will be supplied to PBT’s proposed battery metal refinery hub in Kalgoorlie, with initial production targeted at 50,000 ton...

Poseidon’s “Fill the Mill” strategy appears to be resonating, with one analyst tipping the emerging nickel producer’s share price should be more than double the 9.1c it is currently trading at, but with plenty more upside beyond that still...

Moho has identified three high priority nickel sulphide targets for follow-up drilling at its Silver Swan North project. A review of recent and historical geological and geophysical data, which follows the release of updated geological info...

The resource of 6,200 tonnes of nickel and 460 tonnes of cobalt aligns with the company’s ‘Fill the Mill’ strategy for the WA project.

Poseidon Nickel will look to ‘fill the mill’ at Black Swan as the company aims to capitalise on a strengthening nickel price outlook. Poseidon will refurbish its 1.1-million-tonnes-per-annum (Mtpa) Black Swan processing plant in Western Aus...

The company is targeting a final investment decision in May 2022 and mill commissioning by December 2022.

THE Peter Harold-run Poseidon Nickel has announced a revised strategy to get its Black Swan operation in Western Australia back into production by ...

Western Australian company Mining and Process Solutions (MPS) is developing new glycine heap leaching technology with the aim to unlock significant value from copper oxides, gold and nickel ores. With the backing of the Minerals Research In...

ShareCafePOS – Morgans rates the stock as Hold Morgans revises its base case and assumes Poseidon Nickel refurbishes the 150,000tpa process plant to produce nickel in concentrate before moving to re-start the 1.1mtpa plant. The company has...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

Poseidon is clearly ticking the boxes for investors, with its recent share purchase plan closing 4.5x oversubscribed and the final results of its resource definition program at the Golden Swan deposit delivering yet more high-grade nickel....

The second rig has moved to start work on the Silver Swan extension and exploration program with results set for release as assays become available.

Highlights Poseidon Nickel has received overwhelming support for its share purchase plan targeted to raise AU$3 million. The Company received applications totalling up to AU$13.5 million from eligible shareholders. The funds raised al...

The company has decided to accept a total of $6 million in applications from the issue of around 54.5 million new shares under the heavily oversubscribed SPP.

The Poseidon Nickel Ltd (ASX: POS) share price finished higher at the end of today’s market session. This comes after the mining company provided an update on its Share Purchase Plan (SPP) in late afternoon trade. At the closing bell, Pos...

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

The nickel express has left the station, but it could travel much further as demand rises and supply lines are crimped – giving ASX-listed nickel miners and explorers a lift particularly if their product is of a superior quality. Those firs...

Guy on Rocks is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services prov...

Results are from holes that fall within the mineralised envelope of Golden Swan and continue to add to the grade and thickness of the mineralisation.

The Poseidon Nickel Ltd (ASX: POS) share price leapt into the green this morning after the mineral explorer shared an update on its Golden Swan drill program. At the time of writing, the Poseidon share price is up 6%, trading at 12.2 cent...

The company received firm commitments to raise $22 million in a strongly supported placement to sophisticated, institutional and professional investors.

Poseidon’s Golden Swan has cemented itself as high-grade discovery with the latest drill results returning grades of nearly 18% nickel, laying a solid foundation for the company to deliver a maiden resource for Golden Swan in the current qu...

The nickel explorer and developer has revealed further high-grade intersections from its Golden Swan drill program, putting it a step closer to a maiden resource.

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

Independent Investment Research reckons junior gold and nickel explorer (and potentially near-term developer) Moho is highly leveraged to exploration success at its projects in Western Australia and Queensland. The research report says the...

Summary As of 10:30 AM AEST, the ASX 200 dropped 18.4 points or 0.25% to 7,473. On Tuesday, the A-VIX has gained 0.07 points or 0.55% (as of 10:30 AM AEST) and is trading at 11.88. PointsBet Holdings has sold a decent equity worth AU$...

Summary  The ASX200 ended 1.34% higher at 7,491.40, led by strong buying in tech and banking stocks. The index briefly breached 7,500 level during the session. BNPL majors Afterpay and Zip Co topped the gainers’ list, while Boral emer...

The capital raise will support work towards a potential operations restart at Poseidon’s flagship nickel sulphide asset, with drilling to commence immediately.

The Poseidon Nickel Ltd (ASX: POS) share price is in the red this morning, sliding 9.63% to 12 cents at the time of writing. The dip from the market open comes after Poseidon announced an update on its Black Swan operation. Private place...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

The Poseidon Nickel Ltd (ASX: POS) share price won’t be going anywhere today.   Shares in the exploration company entered a trading halt before yesterday’s session. In addition, Poseidon also released its quarterly update earlier today. Le...

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

The company has been granted a trading halt until Monday, August 2, 2021, or when an announcement is released to the market.

Summary Returns for the ASX200 in July have been somewhat muted, with the benchmark index generating a return of 0.91%, significantly lower than the 12.03% YTD returns. However, July has been a strong month for several ASX players that...

Fund managers were hit with a flood of microcap equity raisings on Thursday morning, as companies moved to make the most of buoyant markets. 

The latest results, awaiting assay, come in a week that Poseidon Nickel shares hit a seven-year high.

“The results from the scoping study demonstrate that both processing plants can be refurbished at a relatively low cost and in a relatively short period of time,” says MD & CEO.

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

Summary The ASX 200 has continued its momentum in the opening session, making a record high. All three major US stock indices also closed at an all-time high on Friday after a volatile week. Metals X Limited is planning to recommence...

The Poseidon Nickel Ltd (ASX: POS) share price is soaring after the company released the Definitive Feasibility Study (DFS) for its Windarra Gold Tailings Project. The company expects the project’s gold tailings to provide a cash flow it c...

"We will be actively looking for a high-quality partner to work with to bring this project into production or a party to acquire the project so we can monetise the asset for Poseidon shareholders,” says CEO & MD.

After months of rumours, BHP (ASX:BHP) has finally revealed one of the mining industry’s worst kept secrets – that it will become a supplier of nickel to EV giant Tesla. The news was not price sensitive for BHP apparently, but drove the min...

Poseidon managing director and CEO Peter Harold reckons the company’s WA projects are at the centre of a perfect storm – poised to enter production in 2022 as nickel demand is forecast to soar. “I think there is a supply shortage coming, I...

What happened to the most talked about commodities in June? Star performer iron ore hit US$US220/tonne (again) late in the month to be up ~38% year-to-date. The benchmark lithium price in index was up another 2.9% month-on-month, according...