Hurricane Energy plc said it was confident of meeting the deadline to pay the outstanding $78.5 million as production continues at its Lancaster field, west of Shetland. FINANCES As of 30 April 2022, the company had net free cash of $92m (31 March: $106m). During the month, $3.2m was moved from free cash into restricted funds […]
Day: 15 November 2024
Horizonte breaks ground at Araguaia nickel project
Horizonte Minerals plc has started construction and broken ground at its flagship Araguaia nickel project in Brazil. TIME FRAME The company held a ceremony yesterday, 18 May, for the milestone marking the transition from development to the construction phase. Horizonte said that the tier 1 project had a 24-month construction time frame with Stage 1 […]