Investments and investor services
FTSE 100 closes Friday in the red after tumultuous week for UK politics
The UK's premier share index lost around 24 points at 7,013 on the day - and was down 1.29% on the week.
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 appoints Endeavour Financial to advise on financing for the Araguaia Ferronickel Project
The Brazil-focused nickel development company said the move follows the recent release of its Feasibility Study results for Araguaia, with Endeavour to focus on the debt and offtake development package for the project
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FTSE 100 closes firmly ahead as it puts dismal October to rest
The FTSE 100 closed up around 92 points at 7,182. FTSE 250 also gained..
Feasibility study for Horizonte Minerals' Araguaia nickel project “a major de-risking event”, says Shard Capital, hikes target to 21p
Shard Capital analyst Phil Swinfen said: “The FS has tightened up key inputs significantly and demonstrates a robust project with compelling upside”
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Feasibility study for Horizonte’s Araguaia nickel project anticipates US$1.6bn in cash flows over the life of mine
The study shows Araguaia generates robust returns at current nickel prices
FTSE 100 closes with strong gains but Budget provides little impetus for enthusiasm
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FTSE 100 closes at session peak after strong rebound in tandem with US stocks
At the close, the UK blue chip index was 41.12 points higher at 7,004.10, the session peak, and well above the early low of 6,995.99
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