The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. I have no business relationship with any company whose stock is mentioned in this article. 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. PO Box 975 However, you won't necessarily see their names in the company's annual report, as many trade under nominee names. On April 17 BHP Group announced: "Court approves OZ Minerals scheme of arrangement.". Institutional bidding under the placement significantly exceeded the $75 million Placement amount and bids were scaled to accommodate the strong demand. Mr Scarpelli is based in the Company' s Brazil office. 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. No relationship between sample recovery and grade has been demonstrated. "-18% in volumes of manganese ore sold externally in Gabon, following the landslide at end-2022 that halted activity over January. 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. Annual Report to shareholders. A look at the shareholders of Centaurus Metals Limited can tell us which group is most powerful.We can see that individual investors own the lion's share in the company with 43% ownership. The Companys 100%-owned Jambreiro Project, located in south-east Brazil, is an advanced development opportunity for approximately three million tons per annum (Mtpa) of production. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Home; About Us. Centaurus has adopted the same sampling QAQC procedures which are in line with industry. With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP and Regal Funds Management Pty Limited are the second and third largest shareholders. No adjustments have been made to the assay data. PT Vale Indonesia and Huayou sign nickel agreement with Ford Motor Co.. Fitch says nickel could average $US32,000/t in years to come. Vale inserted standard samples every 20 samples (representing 5%). NIKL Sprott Nickel Miners ETF (NIKL) - Price = US$21.93. There is no non-core sample within the historical drill database. The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%. ", >$1.4 billion in conditional, indicative commitments from financiers; and. The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. 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. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Where the sample is wet a visual estimate of the sample recovery is made. Pellentesque iaculis nisl et est Geologists complete a visual log of the RC samples on 1m intervals at the time of drilling. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. 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. On April 14 IGO Limited announced: "Land secured at Kwinana for proposed integrated battery material facility..". To that end, you should learn about the 4 warning signs we've spotted with Centaurus Metals (including 2 which can't be ignored) . . 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. $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. The Company currently has 3,790,971,362 Shares on issue, however the . See Seeking Alpha's Terms of use. On April 28 OZ Minerals announced: "First quarter report 2023 for the three months ending March 2023.". Neometals Ltd is an Australia-based sustainable battery materials producer. ASX Listing Rule 7.1A - 35,829,162 shares. I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. 1. On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." If you are like me, you may want to think about whether this company will grow or shrink. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to December 31, 2022 amounts to $160.5 million. Street Talk; Centaurus Metals to raise $26.2 million. 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. Highlights include: On April 18 Canada Nickel Company announced: "Canada Nickel expands high grade, near surface mineralization at Texmont." All Rights Reserved. Ltd. is the largest shareholder with 12% of shares outstanding. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). For metallurgical test work continuous downhole composites are selected to represent the. The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. is 50 to 100m spacing between drill holes on sections. "It also reflects the strong macro environment for the nickel, which recently hit 11-year highs on the strong demand outlook from the burgeoning EV, renewable energy and lithium-ion battery sectors. "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. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. Our data indicates that hedge funds own 6.3% of Centaurus Metals. Shares in Centaurus Metals last closed at AU$0.90 and the price had moved by-40.98% over the past 365 days. 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. Centaurus Metals Limited, trading as Centaurus Metals, is a locally owned, public company deriving revenue from mineral exploration and evaluation undertaken in Brazil. All historical geological samples were received and prepared by SGS Geosol or ALS Laboratories as, 0.5-5.0kg samples. I have no business relationship with any company whose stock is mentioned in this article. Historical outcrop and soil sample points were registered and logged in the Vale geological mapping. 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. All drill holes were, drilled at 55-60 towards either 180 or 360. Reduction in net debt to $9M following strong cash generation, enabling the $240M repayment of the revolving credit facility. Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Supp.. Centaurus Metals Unearths Sulfides at Jaguar Project in Brazil. What Percentage Of Centaurus Metals Limited (ASX:CTM) Shares Do RAMELIUS RESOURCES LIMITED : Shareholders Board Members Managers and "Own sourced nickel production of 20,900 tonnes was 9,800 tonnes (32%) lower than Q1 2022, primarily reflecting INO prioritising third party feed. We can see. Our data shows that Mccusker Holdings Pty. The Jaguar Nickel Sulphide Project is located in the western portion of the Carajas Mineral Province of Brazil. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. The New Shares are expected to be allotted on Tuesday, 1 February 2022. Centaurus was out . 2000 - 2023 HotCopper. 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. 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. Court approves Scheme. 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. Strategic partnerships with SENAI and FIEPA for local skills development initiated.". Private companies may also have a strategic interest in the company. They expect the company to post a final loss in 2023, before turning a profit of AU$80m in 2024. Centaurus Metals Limited is an Australia-based minerals exploration company. ALS Laboratories insert their own standards at set frequencies and monitor the precision of the, analysis. Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Core is cut and core sampled and sent to accredited independent laboratory (ALS). 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. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). +89% in volumes of nickel ore sold externally in Indonesia. He is director of Centaurus Metals Limited and Strandline Resources Limited. Centaurus Metals makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of this announcement. Mr Barnes and Mr Fitzhardinge have sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration, and to the activities undertaken to qualify as Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. 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. Mr Barnes is the Competent Person for the construction of the 3-D geology / mineralisation model plus the estimation. >$1.4 billion in conditional, indicative commitments from financiers. Share Price Activity (ASX) Performance Size Key Fundamentals Broker Consensus Latest Centaurus Metals Ltd News More News Contact Us Company Profile Corporate Directory Board of Directors Corporate Governance. Tamarack is a high grade nickel-copper-cobalt project located in Minnnesota, USA, with considerable exploration upside. Target our investor community with our suite of Hotcopper Advertising opportunities. 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. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Centaurus Metals Limited's (ASX:CTM) largest shareholders are Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Rank Name Number held % of issued shares; 1: CITICORP NOMINEES PTY LIMITED: 92,863,924: 21 . Please disable your ad-blocker and refresh. March 2023 quarterly report." Investor Centre | Centaurus Metals Limited