EAS Advisors, LLC, acting through Odeon Capital Group LLC, member of FINRA/SIPC/MSRB/NFA, acted as a US placement agent for the Company. Share Price Activity (ASX) Performance Size Key Fundamentals Broker Consensus Latest Centaurus Metals Ltd News More News West Perth WA 6005 Preliminary mineralogy samples from first two holes confirm: M, ineralization dominated by awaruite, a recoverable nickel-iron alloy mineral. 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. Registered office: 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%). 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. On April 11 Panoramic Resources announced: "Preliminary March quarter production results." Target our investor community with our suite of Hotcopper Advertising opportunities. 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). The following Tables are provided for compliance with the JORC Code (2012 Edition) requirements for the reporting of Exploration Results and Mineral Resources at 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 shocking amount some people have saved, and why speaking with a financial advisor could help increase your returns and alleviate stress. Centaurus Exploration Manager and Senior Geologist verify all new results and visually confirm, All primary data is now stored in the Centaurus Exploration office in Brazil. Centaurus Metals Limited is an Australia-based minerals exploration company. Email: office@centaurus.com.au. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). 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. this thread Last trade - 16.10pm 02/05/2023 (20 minute delay). 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. ", >$1.4 billion in conditional, indicative commitments from financiers; and. They expect the company to post a final loss in 2023, before turning a profit of AU$80m in 2024. We can see. For RC sampling 1m samples are taken from the cyclone and then split by rifle splitter (if dry) or. West Perth WA 6872 Researching institutional ownership is a good way to gauge and filter a stock's expected performance. 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. 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). See our latest analysis for 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. 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. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Neometals Ltd is an Australia-based sustainable battery materials producer. The decrease in production was due to the scheduled repairs of two flash smelting furnaces at Nadezhda Metallurgical Plant and a grinding mill at Talnakh Concentrator. For metallurgical test work continuous downhole composites are selected to represent the. "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. production guidance for the 2023 financial year to between 75 and 85 kt. pre-development and financing activities ahead of a Final Investment Decision. Logging, captures colour, rock-type, mineralogy, alteration and mineralisation style. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. MEDD032 51m @ 0.74% Ni, 0.02% Cu, 0.04% Co from 75m*#. 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. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. is present during drilling and monitors the sampling process. The results reported are well within the specified standard deviations of the mean grades, for the main elements. other features. In 1Q 2023, consolidated nickel output decreased 9% year-on-year (y-o-y) to 47kt, practically all of which were produced from the Companys own Russian feed (46.6kt). MEDD062 32m @ 0.97% Ni, 0.04% Cu, 0.06% Co from 46m* #. 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. 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. All new data is collected, on Excel Spreadsheet, validated and then sent to independent database administrator (MRG) for. In eu velit sed nunc euismod tempor ac at odio. Near-surface mineralization - overburden less than five meters thick. "First four holes intersected multi-hundred meter intervals of mineralized dunite across a strike length of two kilometers. standards and Centaurus's current operating procedures. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. nickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations. The estimated. 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. 16 February 2021. Postal address: LME shows the price at USD 23,760/tonne. 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. In addition to the extensive new institutional investor support, the raise has been well. 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. Mean grades of the standard. Plus CEO interviews, chat room access with other professional investors. Which of the following group do you best fit? The latest Centaurus Metals Limited [CTM] news, articles, data and analysis from The Australian Financial Review . 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. All historical and new diamond core has been photographed. The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. ornare sagittis. I wrote this article myself, and it expresses my own opinions. Fitch says nickel could average $US32,000/t in years to come. Check out our latest analysis for Centaurus Metals. 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. Australia's largest stock trading and investment forum, Algorithmic The samples were pulverised to 95% passing 150m and. The. Telephone: +61 8 6424 8420 Our data shows that Mccusker Holdings Pty. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. The Group continues to focus on cost control, productivity actions and cash generation, while preparing its growth projects in the energy transition.". Reduction in net debt to $9M following strong cash generation, enabling the $240M repayment of the revolving credit facility. 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'. 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. To ensure the representative nature of the sample, the cyclone and sample hoses are cleaned after, each metre of drilling, the rig has two cyclones to facilitate the process. There was very strong demand for the Placement from over 20 Australian and international institutional investors as well as existing substantial shareholders, including affiliates of the Sprott Group, McCusker Holdings, Dundee Goodman Merchant Partners and Harmanis Holdings. digestion); sulphur analysis was completed with Leco, and Au and PGEs completed via Fire Assay. March 2023 quarterly report." SECTION 1 - SAMPLING TECHNIQUES AND DATA (Criteria in this section apply to all succeeding sections). metallurgical domain and core is sampled and sent to ALS Metallurgy, Balcatta, Perth. The outlook for 2023 is, as expected, set against the background of a less buoyant macroeconomic context. Samples were taken at 50m intervals along 200m, Surface material was first removed, and sample holes were dug to roughly 20cm depth. Highlights include: You can read a recent Trend Investing article here that discusses QPM. Centaurus Metals Limited, trading as Centaurus Metals, is a locally owned, public company deriving revenue from mineral exploration and evaluation undertaken in Brazil. Get in touch with us directly. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. Centaurus has checked, multiple collars in the field and has confirmed their location. But just like anyone else, they could be wrong. The Jaguar Project includes multiple nickel sulphide deposits and exploration targets within a approximately 30 square kilometers (km2) land package. All the material assumptions underpinning the Production Target continue to apply and have not. Nickel sales were strong with up 3% y/y growth. If you are like me, you may want to think about whether this company will grow or shrink. Centaurus Metals is bordering on breakeven, according to some Australian Metals and Mining analysts. All historical collars were picked up using DGPS or Total Station units. The Centaurus Metals Limited ( ASX: CTM) share price is charging higher today after the company delivered a maiden JORC 2012 mineral resource estimate (MRE) for its nickel-sulphide project in Brazil. Email: office@centaurus.com.au. Historical drilling was carried out between 2006 to 2010 by multiple drilling companies (Rede and. Delayed Australian Stock Exchange While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Core is cut and core sampled and sent to accredited independent laboratory (ALS). Street Talk; Centaurus Metals to raise $26.2 million. They are headquartered by their head office in West Perth. This announcement may include forward-looking statements. 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. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. Highlights include: On April 28 Widgie Nickel announced: "March 2023 quarterly report." Executive Director; Our Team; Research. On April 28 St George Mining Ltd. announced: Quarterly activities report for the period ended 31 March 2023..Mt Holland: Area of Influence agreement signed enabling potential acquisition of an interest in lithium and nickel rights in the highly prospective Mt Holland mineral field. The sample is placed in a plastic sample. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). Development drilling over the next six months is designed to increase the Measured and Indicated component of the MRE to over 500,000 tonnes of contained nickel to underpin a long-life nickel sulphate project producing at least 20,000 tonnes of nickel in s lphate per annum2. Registered office: Below is the very newly listed Sprott Nickel Miners ETF. To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. A 5kg, sample was taken from the subsoil. We aim to bring you long-term focused analysis driven by fundamental data. On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." is 50 to 100m spacing between drill holes on sections. alternative Vale personnel. 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. As at the end of March, ONI had produced 5,953 tonnes of nickel metal (in NPI) with all four RKEF lines now commissioned On April 26 Nickel Industries Limited announced: Project update: Siduarsi Nickel-Cobalt Project..Results to date have returned peak assay results of 3.68% nickel and 0.82% cobalt, peak assay results for additional elements have also returned 21.72% chromium oxide (Cr2O3), 39.58% aluminium oxide (Al2O3), 81.38% iron oxide (Fe2O3) and 191 ppm scandium, with the overall average Scandium grade in Limonite returning 48ppm. Nickel 28 announces confirmation of largest ever Ramu cash distribution. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. On April 27 Nickel Industries Limited announced: Quarterly activities report for the quarter ended 31 March 2023. Read "The Trend Investing Difference", or sign up here. Rank: Name: Units . 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. ForP oject in northern Brazil (Jaguar Project). Highlights include: Substantial positive progress made across both the lithium and nickel assets at the Mt Edwards Project, with a maiden lithium resource declared and the subsequent DSO/offtake opportunity firming up, as well as nickel exploration success positioning the nickel Mineral Resource to be on the cusp of further high-grade growth. Mr Barnes is the Competent Person for the construction of the 3-D geology / mineralisation model plus the estimation. In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name. ALS Laboratories insert their own standards at set frequencies and monitor the precision of the, analysis. 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. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. The Jaguar Project is located approximately 35 kilometers (km) north of the regional center of Tucuma, where a 138kV sub-station is located. 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"). Field duplicates are completed every 30 samples. All historical geological samples were received and prepared by SGS Geosol or ALS Laboratories as, 0.5-5.0kg samples. The New Shares will rank equally with usethe Company's existing fully-paid ordinary shares. The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. 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. At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. QAQC: Standards (multiple standards are used on a rotating basis) are inserted every 20 samples. Additionally, ALS perform repeat analyses of sample pulps at a rate of 1:20. Mr Scarpelli is based in the Company' s Brazil office. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. 1 Ord Street On April 17 BHP Group announced: "Court approves OZ Minerals scheme of arrangement.". Vale inserted standard samples every 20 samples (representing 5%). All field sample and mapping points. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 1. During the preparation process grain size control was completed by the laboratories (1 per 20, Metallurgical samples are crushed to 3.35mm and homogenised. "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. Quarterly operations report for the quarter ended 31 March 2023. In their own names, insiders own AU$42m worth of stock in the AU$500m company. Have feedback on this article? 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. or the quarter ended 31 March 2023. 24-Apr-2023. Level 2 Highlights include: Nickel mineralisation confirmed outside of current Widgie South resources including: Discovery of a broad, near surface, nickel mineralisation at Widgie Townsite. 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. It seems that Private Companies own 21%, of the Centaurus Metals stock. It's not possible to publish a real-time Top 20 Shareholder list. Logging is both. 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. "Binding ore supply agreement entered into with Ma Kouaoua Mines (MKM) for up to 300,000 wmt per annum. 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. Sudbury mines had strong performance in the quarter, reaching ore production rates of 11.8 ktpd in March, the highest rate since 2017. Mauris sit amet mi ac turpis It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. 1. Filter by Year: 2023 2022 2021 2020 2019 2018 2017 2016 Older. Street Talk Louie Douvis. While it is well worth considering the different groups that own a company, there are other factors that are even more important. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to December 31, 2022 amounts to $160.5 million. 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. Vale plans a refinery at Bcancour in Qubec to supply GM with battery grade nickel sulfate with deliveries targeted to commence in H2 2026. 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. Sample length along. Samples are then split. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. This HPAL plant will operate under PT Kolaka Nickel Indonesia in the Pomalaa Block nickel industrial area in Kolaka, Southwest Sulawesi, Indonesia. Centaurus Metals Limited (ASX:CTM) www.centaurus.com.au AUSTRALIA Level 2, 1 Ord Street West Perth, WA 6005 PO Box 975, West Perth, WA 6872 T: +61 8 6424 8420 BRAZIL Edifcio Century Tower Rua Maria Luiza Santiago, 200 Santa Lcia, 17 Andar - Sala 1703 Belo Horizonte - MG - CEP: 30360-740 BRAZIL T: +55 31 3194 . To continue reading it, access the original document here. Nicholas Read Read Corporate M: +61 419 929 046. Highlights include: Key preliminary outcomes in the March quarter 2023 compared to the December quarter 2022 include: On April 28 Panoramic Resources announced: "Quarterly activities report for the period ending 31 March 2023. Mr Montresor has been with Centaurus for ten years, and was actively involved with the exploration and drill-out of the Company's Jambreiro Iron Ore Project before being appointed as Exploration Manager to oversee the exploration team and all on site activities at the Jaguar Nickel Project. Tamarack is a high grade nickel-copper-cobalt project located in Minnnesota, USA, with considerable exploration upside. 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. Centaurus Metals (ASX Code: CTM) is pleased to announce it has received firm commitments from over 20 high- quality Australian and international institutional investors to raise $75 million as part of an institutional placement (Placement) to underpin the next phase of growth and development of its 100%-ownedJaguar Nickel Sulphide. 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].
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