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onlyThe proceeds of the Placement will increase the Company's cash balance to approximately A$83 million, significantly strengthening its balance sheet as it completes DFS activities and advances the Project through to FID. All laboratory procedures are in line with industry standards. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). Core is cut and core sampled and sent to accredited independent laboratory (ALS). Contact Us Company Profile Corporate Directory Board of Directors Corporate Governance. On April 18 Nickel Industries Limited announced: Oracle Nickel commences commercial sales. Centaurus Metals Limited's shares are listed on the Australian Securities Exchange Ordinary fully paid shares (ASX code: CTM) PRINCIPAL & REGISTERED OFFICE Australia Level 2, 1 Ord Street West Perth WA 6005 PO Box 975 West Perth WA 6872 Telephone: (08) 6424 8420 Email:[email protected]: www.centaurus.com.au Brazil Some would say this shows alignment of interests between shareholders and the board. In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name. 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. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. 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 intervals along the waste. Samples were taken at 50m intervals along 200m, Surface material was first removed, and sample holes were dug to roughly 20cm depth. 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. Rank Name Number held % of issued shares; 1: CITICORP NOMINEES PTY LIMITED: 92,863,924: 21 . ornare sagittis. On April 21 Mincor Resources announced: "Quarterly activities report for the period ended 31 March 2023Kambalda Nickel Operations on track to achieve nameplate mining rates by the end of FY2023 while work continues to optimize performance." 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. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). I have no business relationship with any company whose stock is mentioned in this article. 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). 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. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. Centaurus Metals drills 20.4m at 3.94% Ni from the deepest hole drilled to date. All rights reserved. Garibaldi Resources [TSXV:GGI] [GR:RQM] [LN:OUX6] (OTCPK:GGIFF). This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. CENTAURUS METALS LIMITED : Press releases relating to CENTAURUS METALS LIMITED Investor relations | Australian Stock Exchange: CTMND | Australian Stock Exchange . 2022 - IEA forecasts 60 new nickel mines needed by 2030, BMI forecasts we need 330+ new EV metal mines from 2022 to 2035 to meet surging demand - 72 new 45,500tpa nickel mines needed by 2035. The latest Centaurus Metals Limited [CTM] news, articles, data and analysis from The Australian Financial Review . Owns the West Musgrave nickel-copper project in Western Australia as well as several other mines. Many want to see value creation (and a higher share price) in the short term or medium term. In March, Nickel West advised one of its third party product providers, Mincor Resources, that it will no longer accept off-specification product containing high levels of arsenic due to the issues with processing this ore. Further, a heavy rain event was experienced at the Mt Keith operations in early April 2023 impacting mine progression. I am not receiving compensation for it (other than from Seeking Alpha). 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. On April 4 Widgie Nickel announced: "Widgie South Nickel exploration success." Specifically, the funds will be used to complete a Definitive Feasibility Study (DFS) for Jaguar and maintain the Company's very strong existing drilling momentum. MarketScreener: Created by Investors for Investors! Stage 1 production of the Kwinana Nickel Refinery is aimed to be 100ktpa nickel sulphate. Many institutions measure their performance against an index that approximates the local market. The Group continues to focus on cost control, productivity actions and cash generation, while preparing its growth projects in the energy transition.". Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Centaurus Metals Hits 'Stand-out' Nickel Mineralization at Brazilian Project, Centaurus Metals Limited Announces Drilling At Jaguar Returns Intercept, Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Support Pathway to Battery-Grade Nickel Sulphate Product. Centaurus has checked, multiple collars in the field and has confirmed their location. "Own sourced nickel production of 20,900 tonnes was 9,800 tonnes (32%) lower than Q1 2022, primarily reflecting INO prioritising third party feed. production guidance for the 2023 financial year to between 75 and 85 kt. Shareholders would probably be interested to learn that insiders own shares in Centaurus Metals Limited. APPENDIX A - Compliance Statements for the Jaguar Project. During the preparation process grain size control was completed by the laboratories (1 per 20, Metallurgical samples are crushed to 3.35mm and homogenised. Plus CEO interviews, chat room access with other professional investors. Nickel spot prices were flat the last month. 2000 - 2023 HotCopper. Highlights include: On April 28 Queensland Pacific Metals announced: "March 2023 quarterly report." Additionally, there are laboratory standards and duplicates that have been inserted. Highlights include: Nickel mineralisation confirmed outside of current Widgie South resources including: Discovery of a broad, near surface, nickel mineralisation at Widgie Townsite. All historical collars were picked up using DGPS or Total Station units. Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Nickel company news - BHP Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. For RC sampling 1m samples are taken from the cyclone and then split by rifle splitter (if dry) or. Initial results from pilot plant testwork support the ability of the Jaguar Project to produce a battery-grade nickel sulphate product; Exceptional high-grade intercept of 20.4m at 3.94% Ni from the deepest hole drilled to date.. You can read a recent Trend Investing article here that discusses Centaurus Metals. $14.5M cash-at-bank, supportive share register seeking development of the Kalgoorlie Nickel Project (KNP) Centaurus Metals Limited [ASX:CTM] (OTCQX:CTTZF). digestion); sulphur analysis was completed with Leco, and Au and PGEs completed via Fire Assay. rutrum congue sit amet id nunc. 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. nickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations. Filter by Year: 2023 2022 2021 2020 2019 2018 2017 2016 Older. Highlights include: You can read a recent Trend Investing article here that discusses QPM. On April 27 Nickel Industries Limited announced: Quarterly activities report for the quarter ended 31 March 2023. In March, Nickel West advised one of its third party product providers, Mincor Resources, that it will no longer accept off-specification product containing high levels of arsenic due to the issues with processing this ore. Further, a heavy rain event was experienced at the Mt Keith operations in early April 2023 impacting mine progression. Vale drilled 169 drill holes for a total of 56,592m of drilling in the resource area. So it is worth checking the past earnings trajectory of Centaurus Metals, (below). ASX Listing Rule 7.1A - 35,829,162 shares. $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. There is no non-core sample within the historical drill database. The big shareholder groups in Centaurus Metals Limited (ASX:CTM) have power over the company. samples are well within the specified 2 standard deviations. This may not be consistent with full year annual report figures. Nickel 28 announces confirmation of largest ever Ramu cash distribution. is 50 to 100m spacing between drill holes on sections. On March 29 Horizonte Minerals Plc announced: "Final results for the year ended 31 December 2022." Our data indicates that hedge funds own 6.3% of Centaurus Metals. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. "0.97% Ni, 0.45% Cu, 0.07% Co, 0.80 g/t Palladium, 0.27 g/t Platinum over 16.4m in Hole PN-23-023. 0.57% Ni, 0.17% Cu, 0.04% Co, 0.47 g/t Palladium, 0.18g/t Platinum over 14.8m in Hole PN-23-02.. Drilling has completed for the winter season, and will resume in the summer. Highlights include: Operations and Guidance updateMincor was notified on Wednesday, 29 March 2023, that BHP would not agree to amend the off-take agreement specifications. All the material assumptions underpinning the Production Target continue to apply and have not. 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. Neometals Ltd is an Australia-based sustainable battery materials producer. Get in touch with us directly. Centaurus Metals Limited, trading as Centaurus Metals, is a locally owned, public company deriving revenue from mineral exploration and evaluation undertaken in Brazil. Fusce quis dignissim felis. PO Box 975 Trend Investing hosts a Marketplace Service called Trend Investing for professional and sophisticated investors. Please. The resource considers 49 drill holes completed by, Centaurus for a total of 17,941m of drilling. He joined Centaurus in 2011 bringing a wealth of stakeholder relations and regulatory approval experience to the Company, particularly in the field of environmental matters, health and safety and human resources. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. Nickel is an extremely valuable and very strategic metal, and yet supply globally is constrained in part because of the scarcity of major new projects coming on stream, particularly nickel sulphide projects. Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. These compare very closely with the original analysis for all elements. 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. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Nickel market news - INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies. Have feedback on this article? Technical due diligence from Independent Technical Expert RPM Global (ITE) advancing. 2019: Centaurus Metals . Nicholas Read Read Corporate M: +61 419 929 046. NIKL Sprott Nickel Miners ETF (NIKL) - Price = US$21.93. standards and Centaurus's current operating procedures. Hole TEX23-26 intersected 3 meters of 1.47% nickel within 13.5 meters of 0.82% nickel within 52.5 meters of 0.5% nickel. Centaurus Metals Limited Ltd (ASX: CTM) 2022 Online Annual Report View our Annual . On April 12 Premium Nickel Resources Corporation announced: Premium Nickel Resources Ltd. announces filing of NI 43-101 Technical Report on Selkirk Mine in Botswana. The Company is focused on the continuous development and commercialization of its technologies to achieve its purpose in collaboration with global partners. The estimated. 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. Horizonte Minerals Plc [TSX:HZM] [AIM:HZM]. The Project is also approximately 15km north west of Vales huge Onca Puma Ferronickel operation. Check out our latest analysis for Centaurus Metals. Given the lack of certainty regarding future acceptance of any off-specification product and the incomplete status of potential solutions, Mincor has decided to withdraw its guidance (see ASX announcement on 7 March 2023). manually (if wet) using the fish-bone technique. The New Shares will rank equally with usethe Company's existing fully-paid ordinary shares. 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. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Nickel sales were strong with up 3% y/y growth. Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. Centaurus has adopted the same sampling QAQC procedures which are in line with industry. MEDD062 32m @ 0.97% Ni, 0.04% Cu, 0.06% Co from 46m* #. 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). On April 17 BHP Group announced: "Court approves OZ Minerals scheme of arrangement.". Court approves Scheme. 2019-05-31 Chairman's Address to Shareholders | 131KB: PU. Annual Report to shareholders. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP. this free report showing analyst forecasts for its future. All RC holes were sampled on 1m intervals. Trend Investing was recently selected as the leading expert consultancy for a U.S government project on the EV supply chain. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Centaurus Metals : 2021-04-20 Outstanding Drill Results - Jaguar Nickel Project | 6,064KB: PU. ForP oject in northern Brazil (Jaguar Project). Centaurus Metals Limited is an Australia-based minerals exploration company. 24-Apr-2023. With a 48% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Centaurus Metals. They are headquartered by their head office in West Perth. The funds raised via the placement will be used on the Jaguar Project, for: Definitive Feasibility Study work including all development drilling, metallurgical testwork, process. On April 28 OZ Minerals announced: "First quarter report 2023 for the three months ending March 2023.". The samples are dried, crushed and pulverised to. The New Shares are expected to be allotted on Tuesday, 1 February 2022. 1. Private companies may also have a strategic interest in the company. 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. On April 14 Nickel Industries Limited announced: US$400 million senior unsecured notes issuedat a coupon of 11.25%, maturing 21 October 2028 (New Notes). Trading, Managed 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. Chip trays have been collected, photographed and stored for all drill holes to-date. 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.". Nickel focus - sustainable high-grade nickel sulphide asset leveraged to strong long-term Class-1 nickel market outlook 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. https://about.seekingalpha.com/terms. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. supported by existing substantial shareholders including affiliates of the Sprott Group. is present during drilling and monitors the sampling process. "Nickel 28 has received confirmation of largest ever cash distribution from Ramu joint venture of US$9.7 million, in addition to repayment of US$18.1 million of outstanding construction debt, reducing remaining debt balance to approximately US$55.8 million as of January 2, 2023. Mincor Resources Directors unanimously recommend Wyloo Offer. or the quarter ended 31 March 2023. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Centaurus Metals, which could cause actual results to differ materially from such statements. split further to 50g aliquots for chemical analysis. At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. On April 26 Vale SA announced: "Vales performance in 1Q23.". QAQC: Standards (multiple standards are used on a rotating basis) are inserted every 20 samples. Highlights include: Investors can view a CEO video here, or a CEO interview here on Trend Investing. They were dried at 105C until the sample was completely dry (6-12hrs), crushed, to 90% passing 4mm and reduced to 400g. Samples from RC drilling are split to make 3-5kg samples. I generally consider insider ownership to be a good thing. " 7 CENTAURUS METALS LIMITED ANNUAL REPORT CENTAURUS METALS ANNUAL REPORT 2021 Through the development of the Jaguar Project, Centaurus' goal is The current RC drilling is completed by Geosenda Sondagem using a face sampling hammer (4.5"). Entering text into the input field will update the search result below. No quantitative twinned drilling analysis has been undertaken at the project to date. Centaurus Metals Limited published this content on 20 January 2022 and is solely responsible for the information contained therein. Secured an oversubscribed equity fundraise of ~US$80m. Rank: Name: Units . 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. The past month saw a busy month of nickel miner news. Oracle Nickel commences commercial sales. West Perth WA 6005 Power Nickel drills 0.97% Ni, 0.45% Cu, 0.07% Co, 0.80 g/t Palladium, 0.27 g/t Platinum over 16.4m in Hole PN-23-023. ", On April 3 Sumitomo Metal Mining Co. announced: "FY2023 metal production plans.". GEM plans nickel joint venture in South Korea to serve US demand. On April 26 Queensland Pacific Metals announced: "Ore supply agreement executed with MKM." New samples are being sent to ALS Laboratories. Sample size, sample recovery estimate and conditions. ultricies, id mollis lorem volutpat. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. The Trend Investing group includes qualified financial personnel with a Graduate Diploma in Applied Finance and Investment (similar to CFA) and well over 20 years of professional experience in financial markets. 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. 15 jamieson avenue, rowville,
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