Horizonte Minerals requests proposals for Araguaia feasibility study
19th Dec 2016 08:41
(ShareCast News) - Brazil-focused nickel development company Horizonte Minerals announced the issuance of a request for proposals on Monday, to engage consulting firms to prepare a definitive feasibility study for its 100%-owned Araguaia nickel project, which was being developed as the next major ni
Read moreHorizonte Minerals makes progress at Araguaia
9th Aug 2016 16:07
(ShareCast News) - Brazil-focused nickel development company Horizonte Minerals announced its unaudited financial results for the six months ended 30 June 2016 on Tuesday. The AIM-traded firm once again reported nil revenue, and a loss from operations of £786k, widening from the £538k loss at the sa
Read moreHorizonte expands Brazil prospects with four new concessions
9th Feb 2016 12:06
(ShareCast News) - Horizonte Minerals was expanding its Brazil prospects on Tuesday, revealing it had been awarded four new concession areas adjacent to its in-development Araguaia Nickel Project. The AIM-traded nicked development company, with a focus in Brazil, said the two southern concessions to
Read moreHorizonte Minerals cleared to issue second tranche of shares to fund Araguaia deal
9th Oct 2015 12:29
(ShareCast News) - Nickel miner Horizonte Minerals has been given the green light by the Toronto Stock Exchange to issue the second of tranche of shares to fund part of its acquisition of the Araguaia nickel project in Brazil from Glencore. In a short statement released on Friday, the London-listed
Read moreHorizonte Minerals receives part of funds from placement
2nd Oct 2015 09:51
(ShareCast News) - Nickel mining development group Horizonte Minerals said on Friday it has received part of the funding from its recent placing. The Brazil-focused company has received £1.1m from issuing 112.5m shares at 1p each, with 42.5m still to be issued at the same price on the Toronto Stock
Read moreHorizonte Minerals buys Glencore's Brazil nickel project for $8m
28th Sep 2015 10:31
(ShareCast News) - Horizonte Minerals has reached an agreement to acquire Glencore's Araguaia nickel project in north central Brazil for $8m (£5.2m). Horizonte said the combination of Glencore's nickel project with its own high-grade nickel project in Araguaia will create one of the world's largest
Read moreHorizonte Minerals expands presence in Brazil
14th Sep 2015 09:35
(ShareCast News) - Precious and base metals explorer Horizonte Minerals has acquired a new concession area in Brazil. The London-listed group said it had purchased a parcel of land covering 1,610 hectares located next to Glencore's Vale dos Sonhos and Serra do Tapa nickel laterite deposits and 60km
Read moreHorizonte Minerals tumbles after loss widens
14th Aug 2015 14:13
(ShareCast News) - Shares in Horizonte Minerals were down a tenth after the metals firm posted a bigger first half loss than the year before. At 1128 BST shares in the Brazil focused nickel company were down by 10% to 1.80p. The company's pre-tax loss widened from £ 304,054 to £1.159m, as the compa
Read moreHorizonte Minerals reports high-grade nickel results at Araguaia Project
14th Mar 2013 10:29
AIM-listed exploration and development company Horizonte Minerals has unveiled positive results from its infill drilling project at the Araguaia Nickel Project located to the south of the Carajas mineral district of northern Brazil. New high-grade nickel intersections were identified at the Jacutin
Read morePre-tax loss rises at Horizonte Minerals; nickel development continues
22nd Feb 2013 08:09
Brazil-focused exploration and development company Horizonte Minerals has reported that its full year loss before taxation increased from 1.8m pounds to 2.5m pounds in the year ending December 31st. Total comprehensive income, which includes negative exchange rate effects, for the year was £5.6m co
Read moreResources round-up: Valiant, Horizonte, Enegi Oil...
13th Jun 2012 14:32
Valiant Petroleum, an AIM-listed company which operates in the North Sea, has begun drilling on the Tryfan prospect, which has gross prospective resources estimated internally by Valiant of 24m barrels of oil equivalent (mmboe), of which eight million are net to Valiant. Drilling on the well, which
Read moreResource round-up: Caspian Holdings, Aminex, Continental Coal
16th May 2012 10:30
Caspian Holdings reported good progress on its drilling programme at La Parrilla, located in southwest Spain. La Parrilla, a former producing open pit mine, closed in the 1980s. But the firm said its latest assay results showed strong indications of continuity of high grades through the western exte
Read moreSmall caps round-up: Aminex, Solo, Firestone Diamonds ...
7th Feb 2012 08:50
Oil and gas companies Aminex and Solo Oil took a hit on Tuesday morning after the first stab at drilling their shared Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania proved disappointing. Data will now be recorded to determine whether or not to drill further. Aminex shares fell 38
Read moreTuesday broker round-up - UPDATE
17th Jan 2012 09:15
IMI: Exane BNP upgrades to outperform from neutral. Smiths Group: Exane BNP upgrades to outperform from neutral. RBS: Shore Capital upgrades to hold from sell. Oriel reiterates buy. RSA Insurance: UBS labels short-term buy. Resolution: UBS upgrades to buy from neutral. Burberry: Nomura main
Read moreHorizonte upgrades resource estimate at Araguaia
10th Jan 2012 14:18
Horizonte Minerals, the nickel and gold company focused on Brazil, said that its target tonnage has been achieved with the release of a new resource estimate at its Araguaia nickel project. The project now hosts an Indicated and Inferred resource of just over 100m tonnes grading 1.29% nickel. Hou
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