Power Metal Resources plc has failed to find economically significant intersections of nickel from drilling results at the Haneti project in central Tanzania. LITHIUM The company said it was planning advanced targeting and re-engagement with potential partners. The joint venture, between Power Metal (35%) and operator Kotoro Gold (65%), includes the new Babayu lithium prospect, 40km southwest […]
Tag: nickel
Horizonte publishes 2021 sustainability report
Horizonte Minerals plc has published its 2021 sustainability report prepared in accordance with the Global Reporting Initiative Standards ‘Core’ option for its nickel operations in Brazil. SAFETY The report is the company’s third and covers issues such as environment, safety, health and communities. Horizonte recorded no lives lost to Covid-19 or from injuries due to […]
Horizonte breaks ground at Araguaia nickel project
Horizonte Minerals plc has started construction and broken ground at its flagship Araguaia nickel project in Brazil. TIME FRAME The company held a ceremony yesterday, 18 May, for the milestone marking the transition from development to the construction phase. Horizonte said that the tier 1 project had a 24-month construction time frame with Stage 1 […]
Power Metal becomes operator at Molopo
Power Metal Resources plc has conditionally acquired additional interest to become the operator of the nickel sulphide-platinum group metals project at Molopo Farms Complex in Botswana. RESTRUCTURE The company purchased a further 58.7% in Kalahari Key Mineral Exploration Pty Ltd which holds a 60% interest in the project. Power Metal will acquire a further 15,002 Kalahari Key […]
Horizonte awards earthworks contract for Araguaia
Horizonte Minerals plc has awarded the earthworks contract to Copa Construção S.A. for the construction of its 100%-owned Araguaia ferronickel project in Brazil. COPA Copa’s experience in mining projects and civil infrastructure projects includes roads, viaducts, hydroelectric power plants, ports, airports and transmission lines. The company has a portfolio of more than 2.5 billion cubic […]
Kavango notes potential second target at Great Red Spot in KSZ
Kavango Resources plc said it had found a second target, similar to the Oylmpic Dam polymetallic operation, in the Great Red Spot (GRS) in its Kalahari Suture Zone (KSZ) nickel-copper project in Botswana. GREAT RED SPOT The company added that the GRS conformed to an idealised model for a large iron oxide copper-gold (IOCG) style […]