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Horizonte Minerals PLC

Horizonte Minerals says completing aero survey for power line to Araguaia is ‘another big milestone’

Jeremy Martin, CEO of Horizonte Minerals Plc (LON:HZM, TSE:HZM) tells Proactive that detailed survey of the power line route to Araguaia project has been completed and contracts awarded to leading Brazilian consultants.

“All of the subsidiary building blocks - the power, the water - are all coming into places as we move towards the completion of the fees and full permitting of the project,” said Jeremy Martin.

 

Quick facts: Horizonte Minerals PLC

Price: £0.03

Market: AIM
Market Cap: £37.17 m
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Big step-change for Horizonte Minerals with 'exciting' nickel-cobalt acquisition

Jeremy Martin, chief executive of Horizonte Minerals Plc tells Proactive they're to acquire the advanced Vermelho nickel-cobalt project in Brazil from the Brazilian national mining champion Vale for US$8mln, mostly in deferred payments. Concurrently, Horizonte is raising up to £8.5mln in...

on 19/12/17

2 min read