Horizonte Minerals' targeted production timing ideal, says Cormark Securities
"Horizonte’s targeted production start-up timing could not be better,” said analysts at Cormark Securities Inc
Company
Horizonte Minerals PLC
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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Horizonte Minerals hails business and project milestones achieved in 2020
The Brazil-focused explorer also highlighted its cash balance of £10.9mln at the end of the year, which has since been supplemented by an £18mln fundraising in February
Horizonte Minerals is already a long way down the road towards becoming one of the world’s top twenty nickel producers
Horizonte has been building value steadily for years with its Brazilian nickel assets
Horizonte Minerals set to become a major player in Brazilian nickel scene
Vermelho is a nickel-cobalt project in the eastern part of the Carajás mining district
Horizonte Minerals raises US$9.2mln from bought deal private placement in Canada
Net proceeds, alongside the £12.2mln raised in a UK placing announced last month, will be put towards the start of construction of Horizonte's Araguaia nickel project in Brazil
Horizonte Minerals hires Michael Drake as head of projects
“The continued development of the broader team is a critical workstream as we advance our transition towards becoming a nickel producer," said Jeremy Martin.
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Wynnstay, the agricultural supplies group, announced the appointment of Lewis Davies as Environmental and Sustainability Manager, a newly-created role, effective immediately. Lewis will lead the ongoing development and implementation of Wyn
Horizonte Minerals gets greenlight for power line to Araguaia
It is described as a "critical step" in the path towards production at Araguaia.
Horizonte Minerals raises £18mln to fast-track Araguaia ahead of project financing
“This capital raise was underpinned by the strength of Horizonte's investment opportunity and the increasing appetite of investors for nickel,” Jeremy Martin highlighted
Horizonte Minerals started out with buy rating from Cantor Fitzgerald
“Both projects show robust valuations even at low nickel prices,” said Cantor analyst Matthew O'Keefe
Horizonte Minerals highlights significant progress at Araguaia project
The firm said it has completed a value engineering phase at the Brazilian nickel project to optimise operational performance, while capital and operational expenditure remain in line with a feasibility study following a comprehensive review
Horizonte Minerals says it is well funded to advance Araguaia project towards construction
The nickel developer also said the financing process for the project in Brazil is continuing to progress with a number of key milestones delivered
Horizonte Minerals a ‘buy’ for Peel Hunt after broker starts coverage
The house broker set the target price at 14p and sees strong growth prospect for greater exposure to nickel
Horizonte Minerals publishes sustainability report for Aragauia and Veremelho
Horizonte recently took a significant step forward in financing construction at Araguaia
Horizonte Minerals well-funded as Araguaia moves towards consruction phase
The AIM-listed group announced yesterday it had signed up five banks to lead the arrangement of a US$325mln finance package
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Proactive news headlines: Horizonte Minerals, Galileo Resources, Alien Metals, Metal Tiger …
A glance at some of the day's highlights from the Proactive Investors newswire
Horizonte Minerals hails "significant milestone" as five banks tasked with finding the US$325mln to get Brazil ferro-nickel project underway;shares up 24%
The stock in the mine developer was up 24% to 4.22p mid-morning
Horizonte Minerals looks well-funded to see through Covid-19 crisis, says ShoreCap
The analyst said he and many other industry watchers “have long shared the view that nickel prices should be significantly higher in the medium term, the billion dollar question being exactly how much higher”
Horizonte Minerals says financing process for Araguaia nickel project as yet unaffected by coronavirus pandemic
Horizonte has been steadily working up Araguaia for some years now