On March 30 Centaurus Metals Limited announced: "Financial report 31 December 2022..". PT Vale Indonesia and Huayou sign nickel agreement with Ford Motor Cocreating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordableAll three companies are making equity investments in the Pomalaa Block High-Pressure Acid Leaching (HPAL) Project through a definitive agreement celebrated today at a ceremony featuring Indonesia President Joko Widodo. The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. Technical due diligence from Independent Technical Expert RPM Global (ITE) advancing. Mr Scarpelli is based in the Company' s Brazil office. 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. Australian and international institutional investors. nickel sulphate operation with class-leading ESG credentials. 1 Ord Street On April 28 IGO Limited announced: "Quarterly report period 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. scelerisque a ut orci. Centaurus Metals Limited is an Australia-based minerals exploration company. Historical drilling was carried out between 2006 to 2010 by multiple drilling companies (Rede and. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. 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. All assay results were verified by. In eu velit sed nunc euismod tempor ac at odio. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. It's not possible to publish a real-time Top 20 Shareholder list. No relationship between sample recovery and grade has been demonstrated. Trend Investing was recently selected as the leading expert consultancy for a U.S government project on the EV supply chain. While it is well worth considering the different groups that own a company, there are other factors that are even more important. If you are like me, you may want to think about whether this company will grow or shrink. Core was cut and core sampled and sent to commercial laboratories for physical preparation and. EAS Advisors, LLC, acting through Odeon Capital Group LLC, member of FINRA/SIPC/MSRB/NFA, acted as a US placement agent for the Company. Samples are then split to 1kg sub-. 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. Share Price Activity (ASX) Performance Size Key Fundamentals Broker Consensus Latest Centaurus Metals Ltd News More News Centaurus has adopted the same sampling QAQC procedures which are in line with industry. "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. 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. Centaurus has checked, multiple collars in the field and has confirmed their location. On April 4 Widgie Nickel announced: "Widgie South Nickel exploration success." Jan 19, 2022 - 9.34pm. 1. 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. Additionally, ALS perform repeat analyses of sample pulps at a rate of 1:20. 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. Tamarack is a high grade nickel-copper-cobalt project located in Minnnesota, USA, with considerable exploration upside. 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. Street Talk; Centaurus Metals to raise $26.2 million. 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. AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. scheduled repairs of two flash smelting furnaces at Nadezhda. In their own names, insiders own AU$42m worth of stock in the AU$500m company. The Jaguar Project includes multiple nickel sulphide deposits and exploration targets within a approximately 30 square kilometers (km2) land package. Vale inserted standard samples every 20 samples (representing 5%). 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. 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. On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP. Of course, keep in mind that there are other factors to consider, too. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. All RC holes were sampled on 1m intervals. Sudbury mines had strong performance in the quarter, reaching ore production rates of 11.8 ktpd in March, the highest rate since 2017. All Rights Reserved. German supplier collaboration agreement and German funding support Total indicative and conditional debt funding expressed by interested financiers as part of QPMs debt process exceeds A$1.4 Billion. Garibaldi Resources [TSXV:GGI] [GR:RQM] [LN:OUX6] (OTCPK:GGIFF). Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Supp.. Centaurus Metals Unearths Sulfides at Jaguar Project in Brazil. Canadas C$80B response to U.S. clean energy push: We will not be left behind Prime Minister Justin Trudeaus Liberal government is announcing C$80 billion in tax credits for clean technology over the next decade, including C$25 billion for investments in clean electricityThe government is also announcing a 30 percent tax credit on manufacturing equipment for renewable and nuclear energy projects, zero-emission vehicles and critical mineral extraction and recycling, expected to cost C$11 billion between now and 2035The government is also promising to cut down the amount of time it takes to get major projects off the ground, including mines for critical minerals. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. They expect the company to post a final loss in 2023, before turning a profit of AU$80m in 2024. 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 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. On April 27 Power Nickel announced: "Hole 23 delivers! I wrote this article myself, and it expresses my own opinions. CENTAURUS METALS LIMITED : Press releases relating to CENTAURUS METALS LIMITED Investor relations | Australian Stock Exchange: CTMND | Australian Stock Exchange . If you have an ad-blocker enabled you may be blocked from proceeding. Concerned about the content? Which of the following group do you best fit? This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. Highlights include: First Quantum Minerals [TSX:FM] (OTCPK:FQVLF), Franco/Nevada [TSX:FNV], MMG [HK:1208], South32 [ASX:S32], Lundin Mining [TSX:LUN], Nickel Asia Corporation [PSE:NIKL] (OTC:NIKAY), Platinum Group Metals [TSX:PTM] (PLG). Nickel market news - INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies. 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. These compare very closely with the original analysis for all elements. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). "Own sourced nickel production of 20,900 tonnes was 9,800 tonnes (32%) lower than Q1 2022, primarily reflecting INO prioritising third party feed. Geologists complete a visual log of the RC samples on 1m intervals at the time of drilling. INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies surplus of 239,000 tonnes for 2023, mainly driven by an increase in Class 2 suppliesworld primary nickel production set to reach 3,374,000 tonnes in 2023..demand will increase to 3,314,000 tonnes in 2023. Highlights include: On April 28 Queensland Pacific Metals announced: "March 2023 quarterly report." production guidance for the 2023 financial year to between 75 and 85 kt. The same can be achieved by studying analyst sentiments. Queensland Pacific Metals [ASX:QPM] (OTCPK:QPMLF). 16 February 2021. Trend Investing searches the globe for great investments with a focus on "trend investing" themes. Top 20 Shareholders; Annual Reports. 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%). 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 annually, GEM said in a Shenzhen filing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. NIKL Sprott Nickel Miners ETF (NIKL) - Price = US$21.93. No adjustments have been made to the assay data. Sample length along. Email: office@centaurus.com.au. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). Holes PN-23-025 to PN-23-035 are awaiting assay results, and several have encountered significant intervals of massive sulfides.". Power Nickel final drill results from the Fall 2022 Drill Program and initial drill results from Winter 2023." This is an excerpt of the original content. We can see. Sample size, sample recovery estimate and conditions. The Jaguar Project is located approximately 35 kilometers (km) north of the regional center of Tucuma, where a 138kV sub-station is located. Significant Investment Project status received under Significant Investment Facilitation program from Queensland Government. Private companies may also have a strategic interest in the company. 2000 - 2023 HotCopper. The most recent Annual Report didn't contain Shareholder Distribution data. Strong recovery at Nova following a fire-impacted December quarter. Record $106M dividend paid to Shareholders. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Funds, Oil & The outlook for 2023 is, as expected, set against the background of a less buoyant macroeconomic context. 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." Vale drilled 169 drill holes for a total of 56,592m of drilling in the resource area. 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. 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"). to supply GM with battery grade nickel sulfate, Top 3 Near & Mid-Term Nickel Producers To Consider, Eramet Is Transforming To Become A Leading Battery Metals Producer With Manganese, Nickel, And Soon Lithium, Centaurus Metals Has A World Class Development Stage Nickel Sulphide Project In Brazil. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. this free report showing analyst forecasts for its future. I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Horizonte Minerals construction of the Araguaia Nickel Project remains on-budget and on-schedule for Q1, 2024 production start. 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. You can read a recent Trend Investing article here that discusses Horizonte Minerals. These forward-looking statements are based on Centaurus Metals' expectations and beliefs concerning future events. Additionally, there are laboratory standards and duplicates that have been inserted. Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. Our data indicates that hedge funds own 6.3% of Centaurus Metals. metallurgical domain and core is sampled and sent to ALS Metallurgy, Balcatta, Perth. 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. personalMedia Inquiries: Nicholas Read Read Corporate M: +61 419 929 046. 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. But it might be worth checking if those insiders have been selling. 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 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. Talon is also progressing planning, design and permitting of its Battery Minerals Processing Facility in Mercer County, North Dakota, which was selected by the US Department of Energy for $114m in grant funding under the Bipartisan Infrastructure Law in October of 2022. The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. 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. PO Box 975 The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP. 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'. supported by existing substantial shareholders including affiliates of the Sprott Group. So it is worth checking the past earnings trajectory of Centaurus Metals, (below). Email: office@centaurus.com.au. All new data is collected, on Excel Spreadsheet, validated and then sent to independent database administrator (MRG) for. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. The Selkirk Mine is a secondary asset to the Company's 100% owned flagship Selebi Ni-Cu-Co Mine and includes a historical mineral resource estimate ("MRE") of 52.2 Mt (Measured and Indicated) at 0.32% Ni, 0.31% Cu, 0.15 g/t Pt, 0.46 g/t Pd and 0.06 g/t Au (refer to Table 1 for a breakdown by category). Please. 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. Top 20 Shareholders. On April 21, Glencore announced: "First quarter production report 2023." 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. Mr Barnes and Mr Fitzhardinge consent to the. I generally consider insider ownership to be a good thing. Fitch says nickel could average $US32,000/t in years to come. We have one of the most significant new nickel sulphide projects anywhere in the world, and we are really looking forward to maximising its potential for our shareholders in the months and years ahead.". 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). 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). Institutional bidding under the placement significantly exceeded the $75 million Placement amount and bids were scaled to accommodate the strong demand. 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. 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. West Perth WA 6872 "Binding ore supply agreement entered into with Ma Kouaoua Mines (MKM) for up to 300,000 wmt per annum. Is this happening to you frequently? other features. No quantitative twinned drilling analysis has been undertaken at the project to date. ASX Listing Rule 7.1A - 35,829,162 shares. Shareholders would probably be interested to learn that insiders own shares in Centaurus Metals Limited. This announcement brings to an end the Company's current trading halt. and pursue exploration targeting new discoveries. Postal address: Blanks have been inserted every 20 samples. were collected using a Garmin handheld GPS. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. Current drilling is a combination of HQ and NQ core (Servdrill). 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).
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