Metals & Minerals News

Horizonte holds £22m as Araguaia financing nears completion

Horizonte Minerals plc maintained a strong cash position while costs rose during H1 2021 at its Araguaia ferro-nickel project in Brazil. RESULTS In its unaudited interim results for six months to 30 June 2021, the company reported it held £22.2 million following an £18m equity fundraise in February 2021. Pre-tax losses were £2,291,336 (H1 2020: […]

Company Moves News Oil & Gas

Block Energy appoints Jeremy Asher as NED

Block Energy plc has appointed Jeremy Asher as a non-executive director with immediate effect. Mr Asher is currently chairman and CEO of E&P company Tower Resources plc and owner of upstream oil and gas investment company Agile Energy Ltd. He was previously a director of Pacific Drilling SA, where he chaired the remuneration committee, deputy […]