Poseidon finds buyer for Silver Swan

ASX-listed nickel miner Poseidon Nickel has sold the rights to mine the Silver Swan underground operation, on the Black Swan tenements in Western Australia, in a deal valued at A$1.5-million, in cash and shares. The Black Swan operations were acquired from major Norilsk Nickel earlier this year, and included a nickel sulphide concentrator plant, the Black Swan sulphide ore openpit mine, and the Silver Swan underground mine.