Horizonte Minerals plc has appointed Michael Drake as head of projects for the company’s operations in Brazil. Mr Drake is a mechanical engineer with experience in developing, operating and optimising nickel operations, and across both RKEF and HPAL technologies. He has also led the construction, operation and optimisation of medium-to-large international capex projects. He also […]
Tag: Horizonte Minerals plc
Horizonte awarded power licence for Araguaia nickel
Horizonte Minerals plc has been awarded the construction licence package to develop the power line for its 100% owned Araguaia Ferronickel project in Brazil. The approved package includes the preliminary licence (Licença Prévia), the construction licence (Licença de Instalação), and the related fauna and flora licences. These were granted by the Pará State Environmental Agency, […]
Horizonte raises £18m via placing
Horizonte Minerals plc said it had raised £18 million following a placing of 162,718,353 new ordinary shares with new and existing investors at a placing price of 7.5 pence per placing share. Gross proceeds (US$25.0m / C$ 31.7m) before expenses were approximately £12.2m from the placing and £5.8m from the Canadian offering.