Horizonte Minerals says financing process for Araguaia nickel project unaffected by COVID-19 pandemic
2020-05-13 10:17:23 [Print]
Horizonte Minerals PLC said it closed out the quarter ending March 31, 2020 with £17mln in the bank, with the money in part to be used to make the Aragauia nickel project in Brazil construction ready.
The group said the project financing process for the project is currently running to schedule and has not been hindered by the COVID-19 pandemic. Work on Araguaia is focused around advancing the level of engineering from feasibility stage level through to being implementation-ready.
The group said the project financing process for the project is currently running to schedule and has not been hindered by the COVID-19 pandemic. Work on Araguaia is focused around advancing the level of engineering from feasibility stage level through to being implementation-ready.