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Horizonte to raise $11.2M to fund Brazil's next major nickel mine

Cecilia Jamasmie | November 29, 2016 | 6:17 am Base Metals Europe Latin America Iron Ore Nickel 

Shareholders in Brazil-focused Horizonte Minerals (TSX, LON:HZM) have approved plans to raise £9 million (US$11.2M) to fund the preparation of a definitive feasibility study (DFS) for the company's wholly-owned Araguaia nickel project. “Activity is currently underway on the next phase...

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