Horizonte Minerals shares plummeted on Tuesday, after the company said that the cost to complete one of its flagship nickel projects would be nearly double original estimate.
Horizonte is a nickel.
By Robb M. Stewart Horizonte Minerals' shares sank Tuesday after the mining company warned the spending needed to complete the more advance of its two.
Nickel Woes Worsen for Glencore-Backed Miner as Budget Jumps 87% bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Press Release - MINING.COM mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.