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. The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. On April 28 Centaurus Metals Limited announced: March 2023 quarterly activities report. Stage 1 production of the Kwinana Nickel Refinery is aimed to be 100ktpa nickel sulphate. 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. The information in this report that relates to Exploration Results is based on information compiled by Mr Roger Fitzhardinge who is a Member of the Australasia In titute of Mining and Metallurgy. Which of the following group do you best fit? Diamond Core (HQ/NQ) was cut using a core saw, core was sampled. 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). The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%1 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. At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. 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. 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. On April 26 Vale SA announced: "Vales performance in 1Q23.". Some focus trends include electric vehicles and the lithium/cobalt/graphite/nickel/copper/vanadium miners, battery and plastics recycling, the online data boom, 5G, IoTs, AI, cloud computing, renewable energy, energy storage etc. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. RAMELIUS RESOURCES LIMITED : Shareholders Board Members Managers and An aerial survey was completed by Esteio Topografia and has produced a detailed surface DTM at, The survey grid system used is SAD-69 22S. Centaurus Metals share price soars 33% on maiden JORC mineral resource Strong operating performance and record financial results" Highlights include: Group underlying free cash flow of $284M, up 21% QoQ following quarterly dividend from TLEA. I generally consider insider ownership to be a good thing. Centaurus Metals Limited 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. 2019: Centaurus Metals . On April 28 OZ Minerals announced: "First quarter report 2023 for the three months ending March 2023.". On March 29 Horizonte Minerals Plc announced: "Final results for the year ended 31 December 2022." Postal address: This implies the analysts working for those institutions have looked at the stock and they like it. As of April 29, the nickel spot price was USD 10.73, similar to USD 10.71 last month. Strong operating performance and record financial results" Highlights include: Panoramic Resources [ASX:PAN] (OTCPK:PANRF). 2000 - 2023 HotCopper. metallurgical domain and core is sampled and sent to ALS Metallurgy, Balcatta, Perth. Telephone: +61 8 6424 8420 On April 27 Power Nickel announced: "Hole 23 delivers! If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. 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. Ramelius Resources Limited is an Australia-based company, which is engaged in the exploration, mine development, and production, and sale of gold in Australia. Centaurus Metals Limited (ASX: CTM/OTCQX: CTTZF) is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, located in the world-class Carajs Mineral Province in Northern Brazil - one of the world's premier mining addresses. Federal Court of Australia approves BHP's acquisition of 100% of OZ 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. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Current drilling is a combination of HQ and NQ core (Servdrill). No quantitative twinned drilling analysis has been undertaken at the project to date. Centaurus Metals drills 20.4m at 3.94% Ni from the deepest hole drilled to date. ornare sagittis. When Will Centaurus Metals Limited (ASX:CTM) Breakeven? West Perth WA 6872 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. centaurus metals top 20 shareholders - howtohealthyeating.com Sample length along. production guidance for the 2023 financial year to between 75 and 85 kt. . In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name. Reduction in net debt to $9M following strong cash generation, enabling the $240M repayment of the revolving credit facility. Vale QAQC procedures and results are to industry standard and are of acceptable quality. Centaurus Metals : $75M Institutional Placement for Development of 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. Let's take a closer look to see what the different types of shareholders can tell us about Centaurus Metals. I am not receiving compensation for it (other than from Seeking Alpha). recovery is approximately 90%, which is considered acceptable for the deposit type. Secured an oversubscribed equity fundraise of ~US$80m. Mr Barnes and Mr Fitzhardinge are both members of the Australasian Institute of Mining and Metallurgy. 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 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. Australia's largest stock trading and investment forum, Algorithmic Which of the following group do you best fit? The outlook for 2023 is, as expected, set against the background of a less buoyant macroeconomic context. 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. 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. Annual Report, Top 20 shareholders, Full Year Accounts, Full Year Audit Review . 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. Ltd. is the largest shareholder with 12% of shares outstanding. 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. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." Widgie South Nickel exploration success." In. Level 2 As a result, production guidance for the 2023 financial year has been revised to between 75 and 85 kt (from between 80 and 90 kt). We can see. . Our data indicates that hedge funds own 6.3% of Centaurus Metals. 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. 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. Specifically, Mr Fitzhardinge is the Competent Person for the database (including all drilling information), the geological and mineralisation models plus completed the site visits. On March 30 Centaurus Metals Limited announced: "Financial report 31 December 2022..". You can read a recent Trend Investing article here that discusses Horizonte Minerals. ", >$1.4 billion in conditional, indicative commitments from financiers; and. supported by existing substantial shareholders including affiliates of the Sprott Group. Strong recovery at Nova following a fire-impacted December quarter. Record $106M dividend paid to Shareholders. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. Sed sed enim vestibulum ex commodo venenatis vitae in mi. Investor Centre | Centaurus Metals Limited 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). 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. Centaurus Metals is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, in Northern Brazil. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). 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. is 50 to 100m spacing between drill holes on sections. Annual Report to shareholders. 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. 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.