Sign up Australia
Proactive Investors - Run By Investors For Investors

Busy run-up to Christmas for London’s junior miners

Mining Capital’s Alastair Ford caught up with Proactive’s Andrew Scott to chat through Horizonte Minerals Plc’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 Base Resources Limited’s (LON:BSE) 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 (LON:EMH) 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 Vast Resources PLC (LON:VAST) as Andrew Prelea takes over as CEO.

 
Meet Great Boulder Resources Ltd, Mainstream Group Holdings Ltd, Blackstone Minerals Ltd, Pacific American Coal Ltd and Reward Minerals Ltd at our event, Sydney , 19 November 2018. Register here »
View full HZM profile View Profile

Horizonte Minerals Plc Timeline

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use