The latest Centaurus Metals Limited [CTM] news, articles, data and analysis from The Australian Financial Review . Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws. samples. Court approves Scheme. Management and the Board have determined to apply to resume Nickel 28s normal course issuer bid given that the trading price of the common shares continues to represent a substantial discount to Nickel 28s net asset value and does not reflect its underlying value. Postal address: Institutional bidding under the placement significantly exceeded the $75 million Placement amount and bids were scaled to accommodate the strong demand. Near-surface mineralization - overburden less than five meters thick. The joint venture would aim to invest about 1.21 trillion won ($932.56 million) between 2023 and 2026 to build a factory with a minimum capacity of 43,000 tonnes of nickel-based battery material. For RC sampling 1m samples are taken from the cyclone and then split by rifle splitter (if dry) or. Strategic partnerships with SENAI and FIEPA for local skills development initiated.". The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to December 31, 2022 amounts to $160.5 million. Shares in Centaurus Metals last closed at AU$0.90 and the price had moved by-40.98% over the past 365 days. " 7 CENTAURUS METALS LIMITED ANNUAL REPORT CENTAURUS METALS ANNUAL REPORT 2021 Through the development of the Jaguar Project, Centaurus' goal is Check out our latest analysis for Centaurus Metals. ForP oject in northern Brazil (Jaguar Project). BHP's Nickel West (includes the Mt Keith nickel mine in Australia) has a Measured and Indicated Resource of 4.1Mt contained nickel with a Total Resource contained nickel of 6.3Mt, with an average grade of 0.58% Ni in sulphide ore. Nickel West produced 80 kt of nickel in FY 2020. AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. Ongoing advancement on the TECH Project technical workstreams, targeting requirements of ITE to secure debt financing. Commercial negotiations on key equipment supply contracts taking place. On April 27 Eramet announced: "Eramet: Q1 2023 turnover of 775m." Centaurus represents a rare opportunity to invest in a rapidly unfolding high-grade nickel sulphide growth story in Brazil, at the perfect time in the nickel market cycle. Mr Fitzhardinge consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Shareholders would probably be interested to learn that insiders own shares in Centaurus Metals Limited. Nickel West production was in line with the prior period at 58 kt, with the ramp up of the refinery following planned maintenance in the December 2022 quarter offset by the increased proportion of concentrate and matte products. precision of the samples is within acceptable limits. The Carajs Mineral Province is one of the world's premier mining addresses, hosting one of the world's largest concentrations of large-tonnage mineral deposits. On March 31 Sherritt International announced: Sherritts updated reserve estimate and life of mine plan at the Moa JV more than doubles reserves and extends life of mine to 26 years. Talon Metals [TSX:TLO] (OTCPK:TLOFF) Tamarack - (JV with Rio Tinto). On April 21, Glencore announced: "First quarter production report 2023." Listings as at 1 May 2023. This is an excerpt of the original content. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). Sample length along. Awarded all of the key material contracts at Araguaia, with first production on track for Q1 2024.. Feasibility study initiated at Vermelho, results due 1H 2024. The joint venture would aim to invest about 1.21 trillion won ($932.56 million) between 2023 and 2026 to build a factory with a minimum capacity of 43,000 tonnes of nickel-based battery material annually, GEM said in a Shenzhen filing. is present during drilling and monitors the sampling process. Centaurus recently delivered an updated JORC Mineral Resource Estimate (MRE) of 80.6Mt at 0.91% Ni for 730,700 t nnes of contained nickel metal for the Jaguar Project, making it one of the largest undeveloped nickel sulphide projects globally with class-leading ESG credentials given the extremely low carbon footprint the Project will have as a result of Brazil generating 80% of its grid power from renewable sources. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Highlights include: On April 24 Horizonte Minerals Plc announced: "Construction of the Araguaia Nickel Project remains on-budget and on-schedule.". Centaurus Metals Limited Announces Drilling Continues to Grow and De-Risk the World-Cla.. Australian Shares End Four-Day Winning Streak on Caution Ahead of Release of US Inflati.. Centaurus Metals Jumps 10% After Doubling Measured, Indicated Resource at Brazilian Nic.. Centaurus Metals Limited Announces Significant Increase in Both the Size and Confidence.. Centaurus Metals Provides an Update on Ongoing Metallurgical Test Work and Other Key Wo.. Centaurus Metals Extend Mineralization at Jaguar Project in Brazil, Chief Executive Officer, MD & Executive Director. 16 February 2021. Hole TEX23-19 intersected 7 meters of 1.03% nickel within 40.0 meters of 0.69% nickel. The information in this report that relates to the Jaguar Mineral Resource is based on information compiled by Mr Lauritz Barnes (consultant with Trepanier Pty Ltd) and Mr Roger Fitzhardinge (a permanent employee and shareholder of Centaurus Metals Limited). Centaurus Metals is bordering on breakeven, according to some Australian Metals and Mining analysts. Fusce quis dignissim felis. All drill holes were drilled at 55-75 towards either. Preliminary mineralogy samples from first two holes confirm: M, ineralization dominated by awaruite, a recoverable nickel-iron alloy mineral. this thread Last trade - 16.10pm 02/05/2023 (20 minute delay). On April 21 MMC Norilsk Nickel announced: Nornickel announces consolidated production results for 1Q 2023. Nickel sales were strong with up 3% y/y growth. As at the end of March, ONI had produced 5,953 tonnes of nickel metal (in NPI) with all four RKEF lines now commissioned Record quarterly EBITDA from operations of US$113.2M as nickel production continues to increase with Oracle ramp-up.. Kambalda Nickel Operations on track to achieve nameplate mining rates by the end of FY2023 while work continues to optimize performance. I am not receiving compensation for it (other than from Seeking Alpha). Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Mr Barnes and Mr Fitzhardinge are both members of the Australasian Institute of Mining and Metallurgy. The Cathedrals, Stricklands and Investigators nickel-copper discoveries (at Mt Alexander) are located on E29/638, which is held in joint venture by Western Areas Limited (25%) and St George (75%). Highlights include: Sama Resources [TSXV: SME] [GR;8RS] (OTCPK:SAMMF), Murchison Minerals [TSXV:MUR] (OTCQB:MURMF). Liquidity remains at a high level contributing to secure the Group's financing plan. Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. The following Tables are provided for compliance with the JORC Code (2012 Edition) requirements for the reporting of Exploration Results and Mineral Resources at the Jaguar Project. Lorem ipsum dolor sit amet, consectetur adipiscing elit. & Taxation. The. Neometals Ltd is an Australia-based sustainable battery materials producer. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Centaurus represents a rare opportunity to invest in a rapidly unfolding high-grade nickel sulphide growth story in Brazil, at the perfect time in the nickel market cycle. Some would say this shows alignment of interests between shareholders and the board. Which of the following group do you best fit? Average Retirement Savings By Age: Are You Normal? We can see. Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Supp.. Centaurus Metals Unearths Sulfides at Jaguar Project in Brazil. Registered office: Distributed by Public, unedited and unaltered, on 20 January 2022 23:11:04 UTC. Welcome to the nickel miners news for April. Subject to regulatory approval, the project could produce up to 120 kilotons per year of contained nickel in the form of mixed hydroxide precipitate (MHP), a lower-cost nickel product used in EV batteries with nickel-rich cathodes. Centaurus has checked, multiple collars in the field and has confirmed their location. Proceeds to be used to fund the completion of the Definitive Feasibility Study at the 100%-, owned Jaguar Nickel Sulphide Project in northern Brazil, due by the end of 2022, as well as for. Nickel focus sustainable high-grade nickel sulphide asset leveraged to strong long-term Class-1 nickel market outlook, Favourable infrastructure-rich project location the world-class Carajs Mineral Province, Base Case Scoping Study confirms potential to become a sustainable, long-term and low-cost producer of Class-1 nickel for global markets, generating strong financial returns while also delivering significant social and economic benefits for local communities, Value-Add Scoping Study confirms potential to add significant value through the addition of downstream processing to produce battery-grade nickel sulphate for the growing electrification supply chain, Definitive Feasibility Study now underway, Three land acquisition agreements completed significant de-risking step for potential future development. were collected using a Garmin handheld GPS. Ltd. is the largest shareholder with 12% of shares outstanding. Vales 1Q23 production and sales reportNickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations and slightly longer scheduled maintenance at Matsusaka refinery compared to 1Q22. The samples were pulverised to 95% passing 150m and. Centaurus Metals is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, in Northern Brazil. Entering text into the input field will update the search result below. BHP Operational Review for the nine months ended 31 March 2023 Nickel West production was in line with the prior period at 58 kt, with the ramp up of the refinery following planned maintenance in the December 2022 quarter offset by the increased proportion of concentrate and matte products. Quarterly operations report for the quarter ended 31 March 2023. Drill samples are logged for lithology, weathering, structure, mineralisation and alteration among. To continue reading it, access the original document here. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. On April 27 Power Nickel announced: "Hole 23 delivers! The results reported are well within the specified standard deviations of the mean grades, for the main elements. Logging is both. Rank: Name: Units . The Company acquired the Selkirk Mine together with associated infrastructure and four surrounding prospecting licenses in August 2022 in an asset purchase agreement with the Liquidator of Tati Nickel Mining Company ("TNMC") (see news release of PNRL dated August 22, 2022). recovery is approximately 90%, which is considered acceptable for the deposit type. St George is the Manager of the Project with Western Areas retaining a 25% non-contributing interest in the Project (in regard to E29/638 only) until there is a decision to mine. The Group continues to focus on cost control, productivity actions and cash generation, while preparing its growth projects in the energy transition.". On April 18 Nickel Industries Limited announced: Oracle Nickel commences commercial sales. Trend Investing subscribers benefit from early access to articles and exclusive articles on investing ideas and the latest trends (especially in the EV and EV metals sector). The sample was placed in a plastic sample bag with a sample, Surface rock chip/soil samples were collected from in situ outcrops and rolled boulders and, The historical drilling is all diamond drilling. This may not be consistent with full year annual report figures. Centaurus Metals (ASX: CTM) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. NIKL Sprott Nickel Miners ETF (NIKL) - Price = US$21.93. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. Chemical analysis for drill core and soil samples was completed by multi element using Inductively, Coupled Plasma ICPAES (multi-acid digestion); ore grade analysis was completed with Atomic, Absorption (multi-acid digestion); sulphur analysis was completed with Leco, and Au and PGEs, New samples are being analysed for 48 elements by multi element using ME-MS61(multi-acid, digestion) at ALS Laboratories; ore grade analysis was completed with ICP-AES(multi-acid. If you have an ad-blocker enabled you may be blocked from proceeding. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Samples are then split. . Centaurus Metals Limited (ASX:CTM) www.centaurus.com.au AUSTRALIA Level 2, 1 Ord Street West Perth, WA 6005 PO Box 975, West Perth, WA 6872 T: +61 8 6424 8420 BRAZIL Edifcio Century Tower Rua Maria Luiza Santiago, 200 Santa Lcia, 17 Andar - Sala 1703 Belo Horizonte - MG - CEP: 30360-740 BRAZIL T: +55 31 3194 . Funds will also be used to advance the Company's aggressive drilling approach, with over, 90,000m of drilling planned this year to maximise Measured and Indicated Resources for the DFS. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Centaurus has adopted the same sampling QAQC procedures which are in line with industry. Mauris sit amet mi ac turpis Telephone: +61 8 6424 8420 Logging for drilling is qualitative and quantitative in nature. To that end, you should learn about the 4 warning signs we've spotted with Centaurus Metals (including 2 which can't be ignored) . The past month saw a busy month of nickel miner news. Highlights include: You can read a recent Trend Investing article here that discusses QPM. GEM plans nickel joint venture in South Korea to serve US demand. Rank Name Number held % of issued shares; 1: CITICORP NOMINEES PTY LIMITED: 92,863,924: 21 . Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Mr Fitzhardinge has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. 2019-05-31 Chairman's Address to Shareholders | 131KB: PU. Under the placement, the Company will issue a total of 64,655,172 New Shares at $1.16 per New Share in a single tranche. Mr Barnes is the Competent Person for the construction of the 3-D geology / mineralisation model plus the estimation. The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%. Sample weight is between 3-5kg. Totals: Top 20 Holders of ORDINARY FULLY PAID (TOTAL) 368,918,496: Uncertainty Rating. scelerisque a ut orci. All field sample and mapping points. Street Talk; Centaurus Metals to raise $26.2 million. Nicholas Read Read Corporate M: +61 419 929 046. samples are well within the specified 2 standard deviations. Secured an oversubscribed equity fundraise of ~US$80m. Jan 19, 2022 - 9.34pm. at a coupon of 11.25%, maturing 21 October 2028 (New Notes). With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Highlights include: Key preliminary outcomes in the March quarter 2023 compared to the December quarter 2022 include: On April 28 Panoramic Resources announced: "Quarterly activities report for the period ending 31 March 2023. The most recent Annual Report didn't contain Shareholder Distribution data. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Target our investor community with our suite of Hotcopper Advertising opportunities. New samples are being sent to ALS Laboratories. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. The Centaurus CP has verified the historical significant intersections. Trend Investing looks at investment trends for professional investors. On April 14 IGO Limited announced: "Land secured at Kwinana for proposed integrated battery material facility..". If a company chooses to publish the data, it's usually once a year in . In their own names, insiders own AU$42m worth of stock in the AU$500m company. The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. The strong interest in this raise reflects both the scale and quality of the Jaguar Project and its impeccable ESG credentials, combined with the clear corporate strategy we have outlined to bring it into development as quickly as possible. LME shows the price at USD 23,760/tonne. Tier-1 project with class-leading GHG emission credentials, Working to supply Class 1 nickel sulphides for an electric future, One of the world's premier near-surface nickel sulphide projects, Ideally positioned to feed the global battery supply chain, Centaurus Metals (ASX: CTM / OTCQX: CTTZF) is an ASX-listed exploration company focused on the development of the advanced Jaguar Nickel Sulphide Project, located in the world-class Carajs Mineral Province in Brazil. CTM Substantial Shareholders Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Centaurus Metals Limited (CTM). Drill sections are spaced 100m apart and generally there. In 1Q 2023, consolidated nickel output decreased 9% year-on-year (y-o-y) to 47kt, practically all of which were produced from the Companys own Russian feed (46.6kt). Ramelius Resources Limited is an Australia-based company, which is engaged in the exploration, mine development, and production, and sale of gold in Australia. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. All historical geological samples were received and prepared by SGS Geosol or ALS Laboratories as, 0.5-5.0kg samples. M, ore than triple Crawfords content of brucite, which is highly reactive for carbon sequestration, in hole MID23-02, Canada Nickel expands high grade, near surface mineralization at Texmont.". A pulverized aliquot was separated for analytical, Sample length along core varies between 0.3 to 4.0m, with an average of 1.48m; sampling was done, according to lithological contacts and generally by 1m intervals within the alteration zones and 2m, Current drilling is being completed on spacing of 100m x 50m or 50m x 50m. APPENDIX A - Compliance Statements for the Jaguar Project. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Sudbury mines had strong performance in the quarter, reaching ore production rates of 11.8 ktpd in March, the highest rate since 2017. $14.5M cash-at-bank, supportive share register seeking development of the Kalgoorlie Nickel Project (KNP) Centaurus Metals Limited [ASX:CTM] (OTCQX:CTTZF). Garibaldi Resources [TSXV:GGI] [GR:RQM] [LN:OUX6] (OTCPK:GGIFF). Is this happening to you frequently? Duis rutrum sapien non Stage 1 production of the Kwinana Nickel Refinery is aimed to be 100ktpa nickel sulphate. ", >$1.4 billion in conditional, indicative commitments from financiers; and. Talon Metals owns a 51% project share, with potential to further earn-in to a 60% share by 2026. Praesent nec nunc vel quam facilisis Centaurus Metals Limited is an Australia-based minerals exploration company. Cash at bank of A$59.2 million at quarter end, First quarter report 2023 for the three months ending March, Mt Holland: Area of Influence agreement signed enabling potential acquisition of an interest in lithium and nickel rights in the highly prospective Mt Holland mineral fiel. Horizonte Minerals Plc [TSX:HZM] [AIM:HZM]. Get in touch with us directly. Centaurus Metals drills 20.4m at 3.94% Ni from the deepest hole drilled to date. Centaurus Metals (ASX: CTM / OTCQX: CTTZF) is an ASX-listed exploration company focused on the development of the advanced Jaguar Nickel Sulphide Project, located in the world-class Carajs Mineral Province in Brazil.