- Brazil-focused miner Horizonte Minerals said it had completed a $25m royalty transaction with Orion Mine Finance.

The deal was first announced on 29 August.

Orion had provided the upfront cash payment in exchange for a 2.25% royalty on the ferro-nickel mine Araguaia mine.

The capital would provide funding to advance pre-construction work streams for Araguaia.

At 1:44pm: [LON:HZM] Horizonte Minerals PLC share price was -0.15p at 3.95p

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