Mining Capital’s Alastair Ford caught up with Proactive’s Andrew Scott to chat through ’s (LON:HZM, TSE:HZM) acquisition of the advanced Vermelho nickel-cobalt project in Brazil. They’re paying US$8 million for it - mostly in deferred payments.
Ford also discusses Limited’s () move to acquire the Toliara Sands project in Madagascar in a deal that will be funded by a US$100 mln placing and entitlement offer.
Also up for discussion is the news that European Metals Holdings Limited () has added Cinovec NorthWest to the areas under consideration by the Czech State resource register for the granting of a mining license. Cinovec South was first put up for consideration back in February.
Plus – the changing of the guard at () as Andrew Prelea takes over as CEO.
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