Welcome!

News Feed Item

Horizonte Minerals Sustainability Team Advances Towards Installation Licence Submission for Araguaia Nickel Project

LONDON, UNITED KINGDOM -- (Marketwired) -- 05/19/17 -- Horizonte Minerals Plc, (AIM:HZM)(TSX:HZM) ('Horizonte' or 'the Company') the nickel development company focussed in Brazil, is pleased to provide an update on the significant advancements the sustainability team has made towards the Installation Licence ('LI') submission for its 100% owned Araguaia Nickel Project ('Araguaia' or 'the Project') which is being developed as the next major nickel project in Brazil.

Highlights


--  The award of the LI together with mining concessions would permit
    construction of the Project 
--  Increased sustainability team with experts from a range of fields,
    including specialists sourced from within the Para State for fauna &
    flora campaigns 
--  Flora studies and programmes are being prioritised with a 25-day field
    work programme currently in progress 
--  Discussions held with Para's Federal University to look at options
    regarding the uses of slag product from Araguaia 
--  Socio-economic activities progressing positively - ongoing engagement
    with the local community and social, economic and resettlement
    specialists have visited the site 
--  Focused on managing water requirements in the most sustainable way
    possible - catchment scale hydrology and hydrogeology model being
    produced 

Horizonte CEO, Jeremy Martin said, "Horizonte is taking the appropriate steps to ensure it builds a resilient long term nickel business and that it plays a positive wider role in the Araguaia region. By drawing on the experience and talent of our team, we are implementing quality procedures during this development stage of the Project to provide a strong operational platform as we move towards the construction stage. The community continues to demonstrate a strong interest in the Project's progress, which is perceived as a key social and economic driver in a region where the average wage is low.

"I look forward to providing an update on the further progressions towards the Installation Licence in due course."

About the Project and Sustainability Activities

Araguaia, which is 100% owned by Horizonte, is located on the eastern margin of the State of Para, north-eastern Brazil, to the north of the town of Conceicao do Araguaia (population of 46,206), south of the main Carajas Mining District. The Project has good regional infrastructure including a network of Federal highways and roads, with access to low tariff hydro-electric power.

The Company is focused on delivering a 14,500 tonnes per annum nickel operation and anticipates a life of mine of 28 years. With this in mind the objective of the sustainability programme is to lay the foundations for a robust, long-term nickel mine. Specifically, the team aims to integrate the Vale dos Sonhos deposit into the advanced permitting schedule; obtain the Installation Licence and progress all other permits/licences which enable the Company to commence construction.

The Brazilian mine permitting process with environmental agencies has three key stages:

1. The preliminary licence ('LP'), which confirms government approval for the viability of the project;

2. The LI, which permits the start of construction;

3. Finally the licence to operate (LO) awarded after construction is complete.

The LP for Araguaia was approved in May 2016 with consideration of the terms set out in the Company's Social & Environmental Impact Assessment, and conditions outlined by the State Environmental Agency. Once the LI is awarded in parallel with the mining concession, construction may start.

Recent Activities

The Company is pleased to report that its safety track record during the Project's development to date, is good with no lost time hours.

In terms of its sustainability team, the Company has hired new specialists in environmental and social disciplines. They bring a wealth of experience to the Project, including involvement in both Vale's Onca Puma nickel mine and Anglo American's Barro Alto and Codemin nickel mine. Local interns from State training and university institutions have also commenced work at the Project.

Additionally, the team has been bolstered with regional experts from the Para State, including fauna & flora specialists hired through the Emilio Goeldi Museum of Belem, a research institution linked to the Brazilian Ministry of Science, Technology and Innovation. The institution also plays an important educational role in the country through the dissemination of knowledge and research of regional flora and fauna.

An environmental team including biologists from Para State are on site for a 25-day work programme to complement flora collections previously undertaken in the region. The flora team will also conduct the inventory for flora suppression required to commence mine and plant construction. New fauna inventories are expected to commence in June/July 2017.

In parallel the socio-economic team conducted numerous community presentations throughout 2017 in rural areas where the deposits are located.

Consultants have also met with Para's Federal University to commence studies on possible uses of Araguaia's slag product. Air and gas monitoring has been collated over a 12-month period.

Finally, a catchment-scale model has been created by Environmental Resources Management ('ERM') hydrology specialists in the United Kingdom in conjunction with Horizonte and ERM teams in Brazil. ERM is one of the leading independent environment and social consultants in the world and is highly experienced in preparing key environmental permits for mines in Brazil. This includes environmental impact assessments, environmental control plans and studies to support permits for large-scale projects. ERM supports the development and financing of hundreds of major projects around the globe every year and helps projects meet international environmental and social standards, including those of the IFC, the World Bank, Equator Principles, and the Inter-American Development Bank (IDB) amongst others.

For further information visit www.horizonteminerals.com.

About Horizonte Minerals:

Horizonte Minerals plc is an AIM and TSX-listed nickel development company focused in Brazil, which wholly owns the advanced Araguaia nickel laterite project located to the south of the Carajas mineral district of northern Brazil. The Company is developing Araguaia as the next major nickel mine in Brazil, with targeted production by 2019.

The Project has good infrastructure in place including rail, road, water and power.

Horizonte has a strong shareholder structure including Teck Resources Limited 17.9%, Lombard Odier Asset Management (Europe) Limited 14.11%, Richard Griffiths 13.8%, JP Morgan 8.98%, Hargreave Hale 6.84% and Glencore 6.4%.

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

Except for statements of historical fact relating to the Company, certain information contained in this press release constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the potential of the Company's current or future property mineral projects; the success of exploration and mining activities; cost and timing of future exploration, production and development; the estimation of mineral resources and reserves and the ability of the Company to achieve its goals in respect of growing its mineral resources; and the realization of mineral resource and reserve estimates. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".

Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, and are inherently subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks related to: exploration and mining risks, competition from competitors with greater capital; the Company's lack of experience with respect to development-stage mining operations; fluctuations in metal prices; uninsured risks; environmental and other regulatory requirements; exploration, mining and other licences; the Company's future payment obligations; potential disputes with respect to the Company's title to, and the area of, its mining concessions; the Company's dependence on its ability to obtain sufficient financing in the future; the Company's dependence on its relationships with third parties; the Company's joint ventures; the potential of currency fluctuations and political or economic instability in countries in which the Company operates; currency exchange fluctuations; the Company's ability to manage its growth effectively; the trading market for the ordinary shares of the Company; uncertainty with respect to the Company's plans to continue to develop its operations and new projects; the Company's dependence on key personnel; possible conflicts of interest of directors and officers of the Company, and various risks associated with the legal and regulatory framework within which the Company operates.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Contacts:
Jeremy Martin
Horizonte Minerals plc
+44 (0) 20 7763 7157

David Hall
Horizonte Minerals plc
+44 (0) 20 7763 7157

Emily Morris
finnCap Ltd (Corporate Broking)
+44 (0) 20 7220 0500

Christopher Raggett
finnCap Ltd (Corporate Finance)
+44 (0) 20 7220 0500

James Thompson
finnCap Ltd (Corporate Finance)
+44 (0) 20 7220 0500

Damon Heath
Shard Capital (Joint Broker)
+44 (0) 20 7186 9952

Erik Woolgar
Shard Capital (Joint Broker)
+44 (0) 20 7186 9952

Lottie Brocklehurst
St Brides Partners Ltd (PR)
+44 (0) 20 7236 1177

Elisabeth Cowell
St Brides Partners Ltd (PR)
+44 (0) 20 7236 1177

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...