Harvest Minerals doesn't see Brazil mine tragedy affecting licence application

Writer, Stock Market Wire
Monday, January 28, 2019 - 14:11

Fertilizer developer Harvest Minerals said it did not expect a fatal accident at rival Vale's Feijao iron ore mine in Brazil to impact its request for a full mining licence.

A tailings dam had collapsed on the weekend at the Vale mine in Brumadinho, killing dozens of people.

In response to shareholder queries, Harvest said it did not produce any waste material, and therefore did not require any tailings disposal.

'This incident is therefore also unlikely to impact our application for a full mining license,' the company said.

Harvest also sent its condolences to the relatives of the missing and deceased, along with its solidarity to Vale.

At 2:11pm: (LON:HMI) Harvest Minerals Ltd share price was +0.33p at 10.35p

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