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20 Mar
01:25

Poseidon to divest Lake Johnson to Mineral Resources

Australian miner Poseidon Nickel has entered into a binding heads of agreement to divest the Lake Johnston nickel project to Mineral Resources for AUD 15 million ($9.8m), Kallanish notes.   Poseidon says in a statement that the AUD 15 million will provide Poseidon with the funding to execute the company’s strategy. This includes an exploration focus targeting high-grade nickel discoveries, continuing with reduced care and maintenance activities at Black…
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