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. Centaurus has checked, multiple collars in the field and has confirmed their location. https://about.seekingalpha.com/terms. Centaurus Metals Limited - Products & Brands GEM plans nickel joint venture in South Korea to serve US demand. West Perth WA 6872 Panoramic's Savannah mine and mill has a forecast life of mine average annual production rate of 10,800t of nickel, 6,100t of copper and 800t of cobalt metal contained in concentrate. Vale plans a refinery at Bcancour in Qubec to supply GM with battery grade nickel sulfate with deliveries targeted to commence in H2 2026. The Jaguar Project is located approximately 35 kilometers (km) north of the regional center of Tucuma, where a 138kV sub-station is located. Historical outcrop and soil sample points were registered and logged in the Vale geological mapping. On April 6 Australian Resources & Investment reported: Nickel could average $US32,000/t in years to comeThe EV industry will be a key driver of nickel demand in the years to come, and Fitch forecasts the base metal to be averaging $US27,000/t by 2024 Beyond that, we expect nickel prices to increase at a faster pace in 2028, rising to $US29,000/t as the market goes into deficit on the back of surging demand for nickel along with the rise in the production of EV batteries, Fitch saidWe forecast prices to reach $US32,000/t in 2032 as demand growth outpaces that of supply with the market deficit climbing to 250,600t, putting upwards pressure on prices., On April 14 Fastmarkets reported: "Concerns around financing for nickel grow after recent bad press. Get in touch with us directly. China's GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to set up a plant in South Korea to meet the conditions of the U.S. Inflation Reduction Act (IRA), it said on Friday. The Company is focused on the continuous development and commercialization of its technologies to achieve its purpose in collaboration with global partners. If a company chooses to publish the data, it's usually once a year in . Centaurus Metals drills 20.4m at 3.94% Ni from the deepest hole drilled to date. Premium Nickel Resources Corporation [TSXV:PNRL](OTCQX:PNRLF). Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). either by riffle splitters or manually (fish bone method) where there is high moisture content. Centaurus recently announced an updated JORC Resource of 80.6Mt at 0.91% Ni for 730,700, tonnes of contained nickel metal1 for Jaguar as the foundation for a new, globally significant. ultricies, id mollis lorem volutpat. Stage 1 production of the Kwinana Nickel Refinery is aimed to be 100ktpa nickel sulphate. All historical geological samples were received and prepared by SGS Geosol or ALS Laboratories as, 0.5-5.0kg samples. No bias to material, RC sample weights are taken for all samples and a recovery estimate are made where the sample, is not wet. All historical and new diamond core has been photographed. While it is well worth considering the different groups that own a company, there are other factors that are even more important. 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). Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Supp.. Centaurus Metals Unearths Sulfides at Jaguar Project in Brazil. "Construction on-schedule at the end of the Period having broken ground in May 2022. The same can be achieved by studying analyst sentiments. Horizonte Minerals Plc [TSX:HZM] [AIM:HZM]. A 90,000m drill program planned for 2022 will include significant ongoing diamond drilling designed to maximise the Measured and Indicated components of the extensive Resource inventory ready for Reserve conversion. Nickel spot price 5 year chart - Current price = USD 10.73/lb, Sumitomo Metal Mining forecasts (as of Nov. 2022) small nickel deficits for 2022 and 2023 (source, page 11), BloombergNEF forecasts "battery" nickel demand set to surge over ten-fold this decade as the EV boom takes off (2020 chart), Trend Investing vs. IEA demand forecast for EV metals (Trend Investing) (IEA), 2021 IEA forecast growth in demand for selected minerals from clean energy technologies by scenario, 2040 relative to 2020 - Increases Of Lithium 13x to 42x, Graphite 8x to 25x, Cobalt 6x to 21x, Nickel 7x to 19x, Manganese 3x to 8x, Rare Earths 3x to 7x, and Copper 2x to 3x. Registered office: On April 26 Queensland Pacific Metals announced: "Ore supply agreement executed with MKM." Shares in Centaurus Metals last closed at AU$0.90 and the price had moved by-40.98% over the past 365 days. Trend Investing hosts a Marketplace Service called Trend Investing for professional and sophisticated investors. 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. Read "The Trend Investing Difference", or sign up here. Is this happening to you frequently? 85% passing 75m and split further to 250g aliquots for chemical analysis. Core was cut and core sampled and sent to commercial laboratories for physical preparation and. Source: International Energy Agency 2021 report. 1. All Rights Reserved. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Centaurus Metals is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, in Northern Brazil. The outlook for 2023 is, as expected, set against the background of a less buoyant macroeconomic context. Additionally, ALS perform repeat analyses of sample pulps at a rate of 1:20. To continue reading it, access the original document here. OZ Minerals is pleased to announce that the Federal Court of Australia ("Court") has today made orders approving the scheme of arrangement pursuant to which BHP Lonsdale Investments Pty Ltd, a wholly owned subsidiary of BHP Group Limited (ASX: BHP), will acquire 100% of the shares in OZ Minerals ("Scheme"). On March 30 Centaurus Metals Limited announced: "Financial report 31 December 2022..". Oracle Nickel commences commercial sales. Centaurus Metals Limited Ltd (ASX: CTM) 2021 Online Annual Report. The estimated. Quarterly operations report for the quarter ended 31 March 2023. The top 12 shareholders own 50% of the company Institutions own 18% of Centaurus Metals To get a sense of who is truly in control of Centaurus Metals Limited ( ASX:CTM ), it is. This announcement may include forward-looking statements. Horizonte is developing its 100% owned Araguaia Nickel Project (Araguaia) as Brazils next major ferronickel mine. Q1 2023 production report..Nickel production increased by 4%, reflecting improved operational performance. $14.5M cash-at-bank, supportive share register seeking development of the Kalgoorlie Nickel Project (KNP) Centaurus Metals Limited [ASX:CTM] (OTCQX:CTTZF). The Project is also approximately 15km north west of Vales huge Onca Puma Ferronickel operation. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. I have no business relationship with any company whose stock is mentioned in this article. A company's cash runway is calculated by dividing its cash hoard by its cash burn. 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. So, the company is predicted to breakeven approximately 2 years from now. Annual Report to shareholders. Mean grades of the standard. . A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. bag with a sample tag before being sent to the laboratory. Totals: Top 20 Holders of ORDINARY FULLY PAID (TOTAL) 368,918,496: Uncertainty Rating. "The Companys Targets Statement was released on 4 April 2023 and, in the absence of a superior proposal, the Mincor Directors unanimously recommend that shareholders accept the Offer from Wyloo. Contact Us Company Profile Corporate Directory Board of Directors Corporate Governance. Economics Letter; Current Research To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. . At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. 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. this thread Last trade - 16.10pm 02/05/2023 (20 minute delay). 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. Glencore Q1, 2023 own sourced nickel production of 20,900 tonnes was 32% lower than Q1 2022. View our Annual Report. Sample is collected from the sample cyclone in large plastic sample bags. High grade mineralization intersected in northern lens 470 meters from original high grade lens in the south area. In. 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. For all diamond drilling, core recoveries were logged and recorded in the database for all historical, and current diamond holes. Significant decline in selling prices compared to Q1 2022 particularly for manganese alloys, of which prices were exceptionally at that time, but also for Class II nickel (NPI and ferronickel). 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. You can read a recent Trend Investing article here that discusses Horizonte Minerals. The New Shares will be issued under the Company's current placement capacity under; onlySprott Capital Partners and Argonaut Securities were the Joint Lead Managers and Bookrunners to the Placement with Euroz Hartleys as Co-Manager. Strong operating performance and record financial results" Highlights include: Group underlying free cash flow of $284M, up 21% QoQ following quarterly dividend from TLEA. . samples are well within the specified 2 standard deviations. Centaurus Metals is bordering on breakeven, according to some Australian Metals and Mining analysts. $75M INSTITUTIONAL PLACEMENT TO DRIVE CONTINUED GROWTH, AND DEVELOPMENT OF THE JAGUAR NICKEL SULPHIDE PROJECT, Proceeds to underpin a Definitive Feasibility Study (DFS) due by the end of 2022 including more than, 90,000m of drilling to further expand and upgrade the resource inventory, Firm commitments received to raise $75 million at $1.16 per share from over 20 high-quality. Top 20 Shareholders. At the laboratories, samples were dried (up to 105C), crushed to 95% less than 4mm, homogenized, split and pulverized to 0.105mm. New samples are being sent to ALS Laboratories. To date overall recoveries are >98% and there are no core loss issues, To ensure adequate sample recovery and representativity a Centaurus geologist or field technician. The service is information only and does not offer advise or recommendations. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Samples are then split to 1kg sub-. Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. Centaurus Metals (ASX: CTM) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. owned Oracle Nickel Project (Oracle Nickel or ONI) has received its Izin Usaha Industri (IUI or Industrial Business Licence) enabling it to commence commercial sales from stockpiled NPI production. Of course, keep in mind that there are other factors to consider, too. at a coupon of 11.25%, maturing 21 October 2028 (New Notes). 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. Araguaia Nickel Project Line 1 remains on-budget with 90% of the total capital awarded as at 31 March 2023. 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Centaurus Metals Limited is an Australia-based minerals exploration company. Canada Nickel Company [TSXV:CNC](OTCQX:CNIKF), On April 4 Canada Nickel Company announced: "Canada Nickel continues rapid progression of Crawford Nickel Project Federal Permitting..". The Jaguar Project includes multiple nickel sulphide deposits and exploration targets within a approximately 30 square kilometers (km2) land package. 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. Record quarterly EBITDA from operations of US$113.2M as nickel production continues to increase with Oracle ramp-up.. Nickel 28 Capital Corp. [TSXV:NKL] [GR:3JC]. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Distributed by Public, unedited and unaltered, on 20 January 2022 23:11:04 UTC. 2019: Centaurus Metals . So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP. We aim to bring you long-term focused analysis driven by fundamental data. Mr Scarpelli is based in the Company' s Brazil office. engineering and early-stage infrastructure work; Regional exploration drilling of new priority targets; The Offer Price of $1.16 per New Share represents a discount of; 2 Refer to the Value-Add Scoping Study released to the market on 31 May 2021 for full details of the Production Target and the material, assumptions underlying the Study. centaurus metals top 20 shareholderseagles hotel california tour 2022 setlisteagles hotel california tour 2022 setlist Analysis of field duplicates and lab, pulp duplicates have returned an average correlation coefficient of over 0.98 confirming that the. MEDD064 7.0m @ 1.45% Ni, 0.17% Cu, 0.04% Co from 405m*. Widgie South is a key component of the Mt Edwards project pipeline, currently containing a combined 71,800t Ni with further upside potential as mineralization remains open in all directions at Gillett, and the presence of a largely untested basal contact corridor between Gillett and Widgie Townsite. Highlights include: On April 28 Queensland Pacific Metals announced: "March 2023 quarterly report." In terms of relative price strength the Centaurus Metals share price has underperformed the ASX All Ordinaries Index by-38.73% over the past year. Centaurus Metals are listed on the ASX under the code CTM. The latest Centaurus Metals Limited [CTM] news, articles, data and analysis from The Australian Financial Review . 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. Highlights include: Investors can view the company presentation here and a Trend Investing CEO interview here. All metallurgical chemical analysis is completed by ALS laboratories, All historical samples were collected by Vale field geologists. alternative Vale personnel. 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. With a market capitalization of AU$500m, Centaurus Metals is a small cap stock, so it might not be well known by many institutional investors. This is in line with Brazilian Mines Department. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. Highlights include: Sama Resources [TSXV: SME] [GR;8RS] (OTCPK:SAMMF), Murchison Minerals [TSXV:MUR] (OTCQB:MURMF). Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. There is no non-core sample within the historical drill database. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. All historical collars were picked up using DGPS or Total Station units. useThe Company anticipates that, with the updated resource estimate and ongoing development drilling, the DFS will show a further enhancement of the already robust economics of the Jaguar Project. I/we have a beneficial long position in the shares of BHP GROUP [ASX:BHP], VALE SA (VALE), NORILSK NICKEL [LSE:MNOD], ARDEA RESOURCES [ASX:ARL], JERVOIS GLOBAL [TSXV:JRV], ELECTRA BATTERY MATERIALS [TSXV:ELBM], WIDGIE NICKEL [ASX:WIN], POWER NICKEL [TSXV:PNPN], CENTAURUS METALS LIMITED [ASX:CTM], HORIZONTE MINERALS [LON:HZM] either through stock ownership, options, or other derivatives. The company on Friday announced that it would issue more than 64.6-million shares, at a price of A$1.16 each in a single tranche, under its existing placement capacity. Queensland Pacific Metals [ASX:QPM] (OTCPK:QPMLF). Australia's largest stock trading and investment forum, Algorithmic 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. Technical due diligence from Independent Technical Expert RPM Global (ITE) advancing. Vale QAQC procedures and results are to industry standard and are of acceptable quality. Share Price Activity (ASX) Performance Size Key Fundamentals Broker Consensus Latest Centaurus Metals Ltd News More News

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