Barclays, Lloyds, and RBS shares slide after BoE says interest rates should remain on hold
A look at today's biggest risers and fallers in London
Company
LON:HZM
Horizonte Minerals PLC is an AIM and TSX-listed nickel development company focused in Brazil. The company is developing the Araguaia project, as the next major ferronickel mine in Brazil, and the Vermelho nickel-cobalt project, with the aim of being able to supply nickel and cobalt to the EV battery market. Both projects are 100% owned.
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A look at today's biggest risers and fallers in London
When up and running Araguaia is expected to produce 14,500 tonnes per annum (tpa) of nickel
The pound has plummeted against the dollar on dovish remarks from Bank of England Governor Mark Carney
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Some of the small cap stories on the Proactive newswire today
The results will be used in the feasibility study for Araguaia.
Some of the main risers and fallers in London at 3.40pm
The FTSE 100 closed down 6.56, or 0.09% to 7,519...
Experts have been brought in from a range of fields, including specialists sourced from within the Pará State for fauna & flora campaigns
Some of the largest risers and fallers in London at 3.45pm
In total Geotechreserves Do Brasil will carry out a 1,500 metres programme that will help estimate how much ore is contained in area selected for trial excavation.
Europe again dominated the mood in London after Article 50 day
Main share price risers and fallers in London at 4pm: Metal Tiger, Ilika
The study is already underway and is investigating production scenarios for a 14,500 tonnes per annum nickel operation
Investments and investor services
FTSE 100 stocks closed at a record high on Friday for a second successive session, after making a fresh intraday peak, and a good way for equity investors to end the week
Horizonte Minerals has lined up some well-known mining industry names to carry out feasibility work at Araguaia
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A glance at some of the stories on the Proactive newswire today
Horizonte is looking to appoint a consulting firm to prepare a definitive feasibility study for its Araguia nickel project
The company currently has no revenue and is preparing to kick-off work on the definitive feasibility study (DFS).
Medgold's European asset portfolio has attracted the attention of some serious names in mining
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A look at some of the news from the junior mining sector this week
If Horizonte can demonstrate a viable project once the full feasibility work is complete in a around a year’s time, the company has some pretty heavyweight friends on the other end of the telephone
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ITV and Inmarsat were the only two media and telecoms firms downgraded by Barclays in its latest note on the industry
Daily summary of some of the top Proactive news headlines.
Accountant Retter has extensive experience in the public markets and mining sector, specifically, reverse takeovers, IPOs and secondary fundraising.
Tekcapital picks up the rights to Wire Caddy, Lekoil increases its financing facility and Eurasia Mining should see first revenues this month.
Work is underway to bring the project into alignment with Horizonte's development schedule in terms of environmental and social permitting
Builders and building materials
London’s blue-chip stocks rose and ended just shy of their highest point of Thursday, up 0.9% at 6,730 after gains by supermarkets as well building firms after the government’s nod to construction of nuclear power station Hinkley Point C
Diamondcorp raises production in South Africa, Range Resources confirmed the spudding of its latest well in Trinidad and Utilitywise gets a new chief executive.
A new pre-feasibility study (PFS) is due this quarter and the firm aims to show the site has robust economics
Completion means the Araguaia project is now one of the world’s largest nickel saprolite projects.
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A round up of the week's mining headlines from Proactive.
The concessions total 3,142 hectares and are to the south of the Glencore acreage.
Brent crude is up over US$51 a barrel at the time of writing, 1.59% higher
The FTSE 100 Index rose 6.7 points to 6291 in early afternoon trading
Some of the main news-driven share price changes in London at 4.15pm
Mining approval in Brazil takes three stages, Horizonte added.
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Top story this week - Lucara's massive diamond breaks auction records. Even bigger one to come.
Versarien pairs with winter Olympian, Ten Alps wins a Bafta and Antonio Banderas to star in SyndicateRoom's film.
Horizonte expects to be awarded a preliminary licence (LP) this year.
Horizonte must hold a very good spread at its annual general meeting, because the shares shot up after the big shindig today
Horizonte Minerals has a commanding position in a major Brazilian nickel district
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The week ended with a suggestion from Peel Hunt that investing in mining small caps could reap dividends.
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Horizonte Minerals and its game-changing deal, Chinese Green Dragon subsidy and hefty write-offs for troubled IPSA.
Horizonte Minerals PLC expects to deliver a pre-feasibility study for its Araguaia nickel project in Brazil in 2016, it said, posting final results.
Following the acquisition of Glencore’s GAP Project it is amassing a considerable footprint in the region.
The plan has always been to process the ore using a tried and tested technology called a Rotary Kiln Electric Furnace.
IMIC, Savannah Resources and Patagonia Gold also had news out this week
Investments and investor services
88 energy, Horizonte Minerals and Horizon Discovery were all also in the news
The company recently agreed to acquire GAP, the deposit adjacent to its Araguaia development.
Investments and investor services
A deal with leading Japanese pump maker Ebara creates a new opportunity in a hitherto fairly closed market for Hayward Tyler
Nickel recovery was 93% and crucially the end product was commercial. In fact the “ore performance exceeded our original expectations”, said chief executive Jeremy Martin.
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A mixed news bag to end the week. Here is a summary....
The total raised by the share issue was £1.55mln at a price of 1p per share.
Investments and investor services
Paragon Diamonds has agreed a US$15mln package to fund the development of its Lemphane and Mothae mines in Lesotho.
Under the Mining Capital brand, there’s been a new injection of enthusiasm and energy.
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A look back at the main news from the small cap space.
Horizonte doubles its resource base with the acquisition of neighbouring nickel property from Glencore
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Gem Diamonds was just one of many news items on a busy day in the small cap universe.
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Horizonte intends to expand its presence in the Araguaia nickel district.
Prices have been volatile over the past two years, but chairman David Hall said demand overall was robust.
Savannah Resources (LON:SAV) continues to see good gold grades at its Block 4 project area in Oman and has identified a new prospect - Salahi 1. It was just one of a number of companies receiving good news this week.
Investments and investor services
Ariana and Connemara were the star performers in the Proactive universe today
At the Pequizeiro deposit grades were up to almost 3% nickel at widths up to 19m, while at Jacutinga results were similar with the best more than 3% over a 4m stretch.