Poseidon Nickel’s Peter Harold updates viewers on a feasibility study for the Black Swan open-cut pit, where the company is developing infrastructure and looking to bump up its mining inventory to get a resource update out after Easter. Outside of Black Swan, Poseidon is looking at Kalgoorlie as a potential refinery location after the Federal Government provided Poseidon’s partner with $120 million for its proposed Kalgoorlie pCAM refinery hub. Harold says the grant is a “wonderful initiative” and unlike anything seen before, and could well bolster the entire industry if similar initiatives cropped up.
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