Horizonte Minerals stock plummets over funding uncertainty for Brazil nickel project
Horizonte Minerals (TSX: HZM; AIM: HZM) has paused most construction activities at its Araguaia nickel project in Brazil as its cash resources dwindle and the…
Horizonte Minerals plc
TSX, mining and metal indices see gains during Nov. 28–Dec. 2 trading week
The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S….
Horizonte Minerals flags cost increase at Brazil nickel project
Horizonte Minerals (TSX: HZM; AIM: HZM) said construction costs for its Araguaia nickel mine in northern Brazil have increased by 12.6% to US$537 million, up…
Horizonte kicks off construction of nickel mine in Brazil
The Araguaia nickel mine in northern Brazil is set to produce 29,000 tonnes of the battery metal a year for the steel market.
Export credit agencies provide funds for Horizonte’s Araguaia project
Horizonte Minerals (TSX: HZM; LSE: HZM) has nailed down US$146.2 million from export credit agencies in Denmark and Finland to partly fund construction of its…
Horizonte releases PFS on Vermelho
Vermelho — one of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world — will generate US$7.3 billion in total cash flow over…
Horizonte shares rise on Orion financing
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals’ (TSX: HZM; AIM: HZM) Araguaia project…
Horizonte Minerals advances two assets in Brazil
Six months ago, Jeremy Martin, founder and CEO of Horizonte Minerals (TSX: HZM; LON: HZM), bought the Vermelho nickel-cobalt project in Brazil from Vale (NYSE:…
TSX falls as fears over Greece resurface
Fears over whether Greece would be able to meet austerity requirements set by the European Union meant the risk-free trade was back on. That led investors to pile into U.S.treasuries sending both the Canadian dollar and the TSX Composite Index…