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Horizonte Minerals updates investors on upcoming milestones, calls nickel market compelling

Horizonte Minerals Plc (LON:HZM) CEO Jeremy Martin tells Proactive Investors the company is gearing up for new milestones, including its economic assessment at the end of the year regarding its Araguaia nickel project in Brazil's Pará State.

Martin also alludes to Horizonte's continued future growth despite a downward trend in nickel prices. Martin explains why the nickel market still a compelling place to be.

Quick facts: Horizonte Minerals PLC

Price: 8.55 GBX

AIM:HZM
Market: AIM
Market Cap: £123.92 m
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Big step-change for Horizonte Minerals with 'exciting' nickel-cobalt acquisition

Jeremy Martin, chief executive of Horizonte Minerals Plc tells Proactive they're to acquire the advanced Vermelho nickel-cobalt project in Brazil from the Brazilian national mining champion Vale for US$8mln, mostly in deferred payments. Concurrently, Horizonte is raising up to £8.5mln in...

on 12/19/2017

2 min read