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Horizonte Minerals

10:39 on 21/11/2017

Current Price 4.22p | Bid 4.15p | Ask 4.30p | Change 0.00%

Company Overview

Horizonte Minerals plc is an AIM quoted exploration and development company with a portfolio of nickel and gold projects in the Carjas District of Brazil. The Company is focused on creating value by generating and rapidly advancing exploration projects in tandem with joint ventures with major mining companies, providing mid-term cash flow which is then used to develop the business and pipeline projects. Horizonte now has two committed major mining partners: Teck Resources Limited ('Teck'), a strategic 50 per cent shareholder in the Company and AngloGold Ashanti Limited, a JV partner on the gold portfolio. Horizonte owns 100 per cent of the advanced Araguaia nickel project located to the south of the Carajas mineral district of northern Brazil; the project has the potential to deliver a resource with size and grades comparable to other world-class projects in northern Brazil. It is Horizonte's intention to fast-track development and deliver a maiden JORC compliant/43-101 nickel resource in Q1 2011. Additionally, Horizonte signed a US$2.8 million option agreement to advance the Tangara gold project, situated in the Araguaia mobile belt in the Carajas Mineral Province of northern Brazil, with Troy Resources in December 2007. The project is currently being advanced towards resource definition.

Stock Details

Shares in Issue 671,204,378
Market cap £ 15.10m
Sector Mining
Indices FTSE AIM All-Share Index

Key Personnel

Jeremy John Martin CEO

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Price Summary

Mid Price ? 4.23p
Bid Price ? 4.15p
Ask Price ? 4.30p
Volume ? 272972
Change Today 0.00p
% Change Today 0.00%
Open 4.16p
Previous Close 4.23p
Intraday High 4.22p
Intraday Low 4.16p
52 Week High 2.88p
52 Week Low 1.38p

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