POSEIDON NICKEL NEWS, MEDIA & UPDATES

Eye on re-starts: POS has started to prepare for production re-starts at both the Lake Johnston and Mt Windarra projects within 6 months of financing. POS estimates restart costs of approximately $11m at Mt Windarra and around $12m at Lake Johnston. A re-start at Black Swan for around $12m in start-up capital will occur at […]

Poseidon Nickel (ASX:POS) has now completed the purchase of Lake Johnston from Norilsk Nickel, which is one of the company's recent "company-making" acquisitions in Western Australia. Poseidon plans to return Lake Johnston and Mt Windarra projects to nickel production within six months of final financing. Black Swan, which was also acquired from Norilsk, will then […]

Poseidon Nickel CEO and MD David Singleton provides an update on the recent Lake Johnston acquisition and the company's plans already in place to bring the mine back into production.

Investors in Australia's junior mining sector are feeling the same pain as those in North America but Paul Adams, an analyst with brokerage firm DJ Carmichael in Perth, believes select junior resource companies will outperform the broad markets as macro-level events impact certain commodities. In this interview with The Gold Report, Adams suggests that strong […]

A second acquisition deal with Norilsk Nickel will see Poseidon Nickel acquire the Lake Johnston nickel project, which has been on care and maintenance since April 2013. In July, we entered an agreement to acquire the Black Swan project, including an open cut mine and nickel sulphide plant. This latest deal is for the Lake […]

Our most recent acquisition at Lake Johnson was secured following a detailed due diligence process by our experienced management team. Lake Johnson was shutdown in 2013 following an investment by the previous owners of approximately $15M in refurbishment costs in 2011. The operation ran for less than two years prior to being shutdown.   Lake […]

With the success our geologists have had to date at the Windarra Nickel Project, the Geology Team is extremely excited about the recent Black Swan and Lake Johnson acquisitions from Norilsk Nickel. The two new projects have large tenement holdings covering vast sequences of nickel hosting.   We currently use standard configuration drilling systems both […]

Poseidon Nickel (OTC:PSDNF) has released its quarterly report, looking back on the third quarter of calendar year 2015 which changed the company completely. Poseidon Nickel completed the acquisition of the Black Swan nickel project and concentrator, announced a deal to acquire the Lake Johnston nickel project as well and negotiated a toll milling agreement with […]

At Poseidon we have never wanted to be just another junior mining company and have always had greater ambitions. Today, I am pleased to report our ambition to become ‘Australia’s New Nickel’ is taking clear and definable shape.   During the Financial year we completed our work at Windarra up to the full Definitive Feasibility […]

October 2014 update on the recently announced Mt Windarra toll treatment agreement with Nickel West and further detailed information on progress of the recent Lake Johnston and Black Swan acquisitions. Presented by Poseidon Nickel CEO and Managing Director David Singleton.