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Pin to quick picksHorizonte Minerals Share News (HZM)

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Horizonte appoints Wagner Lucio Oliveira as feasibility study manager

Wed, 25th Jan 2017 16:25

(ShareCast News) - Brazil-focused nickel development company Horizonte Minerals announced on Wednesday that it has appointed Wagner Lucio Oliveira to a non-board position as its feasibility study manager for its 100% owned Araguaia nickel project, which is being developed as the next major nickel project in Brazil.The AIM-traded firm said Oliveira brings with him a "wealth" of nickel experience, having worked with Anglo American at its Barro Alto ferronickel mine in Brazil on its engineering, construction and start-up between 2007 to 2010.It said he is skilled in a "wide range of technical areas" including smelter technology, refining, processing, performance management, plant operations, project management and capital cost rationalisation.Additionally, Oliveira has built a "diverse skillset" from work undertaken with other major companies such as Rio Tinto, Vale and most recently McKinsey & Company in Chile and Peru.Oliveira reportedly has significant experience in the controlled planning, scheduling and operational readiness of large-scale projects and a proven track record in delivering on operational improvement and cost reductions."We are delighted to welcome Oliveira to Horizonte as the feasibility manager to run the study on the Araguaia nickel project," said Horizonte CEO Jeremy Martin."He will be key as we work through the selection process to award the contracts for the feasibility study henceforth, in managing the study to deliver it on time and budget."Martin said Oliveira has considerable experience in nickel having worked with Anglo American plc on its Barro Alto ferronickel operation and prior to this at the Codemin ferro nickel plant in Brazil."We welcome Oliveira to the team and believe his experience will be invaluable as we move into the next phase of project development."
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Horizonte strikes $20m interim funding arrangement

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27 Dec 2023 10:39

AIM WINNERS & LOSERS: Horizonte Minerals secures funds for Araguaia

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19 Dec 2023 21:43

IN BRIEF: Horizonte Minerals discusses funding solution for Araguaia

Horizonte Minerals PLC - London-based nickel development company - Updates on its flagship Araguaia nickel project in Brazil. Says discussions were initiated to provide sufficient liquidity for the company to complete the required re-estimation and risk reduction work necessary to implement a full funding solution. Says demobilisation well advanced with two critical construction activities continuing to progress. Cash stands at USD42 million as of December 15, which it expects to last until end of January. Says the company and independent consultants continue to review the outstanding project capital expenditure and schedule re-estimate, necessary to implement a full funding solution.

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27 Nov 2023 11:06

Horizonte Minerals CEO and CFO to step down immediately

(Alliance News) - Horizonte Minerals PLC on Monday said Jeremy Martin, its co-founder and chief executive will step down, alongside Chief Financial Officer Simon Retter.

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27 Nov 2023 08:56

Horizonte Minerals makes several senior leadership changes

(Sharecast News) - Nickel developer Horizonte Minerals announced several changes to its board of directors and senior leadership team on Monday.

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Horizonte Minerals shares fall amid uncertainty over Araguaia funding

(Alliance News) - Horizonte Minerals PLC on Tuesday said it will scale back construction activities at its Araguaia nickel asset in Brazil to manage its resources and funds.

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Horizonte shares slide as it warns of Araguaia cost increase

(Sharecast News) - Nickel company Horizonte Minerals updated the market on the progress of the engineering and construction design for Line 1 of its fully-owned Araguaia Nickel Project on Monday.

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