PRECIOUS METALS

Horizon's partner falls overboard with Cannon still to be fired-up

HORIZON Minerals is on the lookout for a new mining contractor following delays to the start of operations at its Cannon gold deposit in Kalgoorlie as private firm FMR Investments are reportedly no longer in a position to follow through with a proposed joint venture.

Nathan Richardson

Horizon's partner falls overboard with Cannon still to be fired-up

FMR was Horizon's preferred partner for a mining and processing contract, but "operational issues and a change in capital deployment priorities" within the private firm have meant FMR is "no longer in...

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