A 90,000m drill program planned for 2022 will include significant ongoing diamond drilling designed to maximise the Measured and Indicated components of the extensive Resource inventory ready for Reserve conversion. Our data shows that Mccusker Holdings Pty. Oracle Nickel commences commercial sales. Quarterly operations report for the quarter ended 31 March 2023. 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. All Rights Reserved. Centaurus Metals Limited Ltd (ASX: CTM) 2021 Online Annual Report. On March 29 Horizonte Minerals Plc announced: "Final results for the year ended 31 December 2022." All rights reserved. The strong interest in this raise reflects both the scale and quality of the Jaguar Project and its impeccable ESG credentials, combined with the clear corporate strategy we have outlined to bring it into development as quickly as possible. West Perth WA 6005 The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP. 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. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. Strength of Eramet's financial profile: first financial ratings obtained from Fitch (BB+) and Moodys (Ba2). However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. 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. bag with a sample tag before being sent to the laboratory. https://about.seekingalpha.com/terms. Entering text into the input field will update the search result below. standards and Centaurus's current operating procedures. is 50 to 100m spacing between drill holes on sections. Rank: Name: Units . Logging for drilling is qualitative and quantitative in nature. Garibaldi Resources [TSXV:GGI] [GR:RQM] [LN:OUX6] (OTCPK:GGIFF). 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. All assay results were verified by. 2019: Centaurus Metals . 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. & Taxation. MarketScreener: Created by Investors for Investors! Core is cut and core sampled and sent to accredited independent laboratory (ALS). Average Retirement Savings By Age: Are You Normal? Liquidity remains at a high level contributing to secure the Group's financing plan. Sudbury mines had strong performance in the quarter, reaching ore production rates of 11.8 ktpd in March, the highest rate since 2017. 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. On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." 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. Samples were taken at 50m intervals along 200m, Surface material was first removed, and sample holes were dug to roughly 20cm depth. Centaurus Metals Limited (ASX: CTM) (the Company) advises that the Board will seek shareholder approval at a General Meeting of Shareholders, currently scheduled for 31 March 2020, to consolidate the issued capital of the Company through the conversion of every fifteen (15) existing shares into one (1) share (Consolidation). If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. 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.". Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. All drill holes were drilled at 55-75 towards either. All field sample and mapping points. Near-surface mineralization - overburden less than five meters thick. is present during drilling and monitors the sampling process. 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). 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. He is director of Centaurus Metals Limited and Strandline Resources Limited. Strategic partnerships with SENAI and FIEPA for local skills development initiated.". Nickel company news - BHP Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. Additionally, there are laboratory standards and duplicates that have been inserted. When Centaurus Metals last reported its balance sheet in June 2022, it had zero debt and cash worth AU$60m. Concerned about the content? The big shareholder groups in Centaurus Metals Limited (ASX:CTM) have power over the company. Trend Investing looks at investment trends for professional investors. 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. We can see. Queensland Pacific Metals [ASX:QPM] (OTCPK:QPMLF). On March 31 Sherritt International announced: Sherritts updated reserve estimate and life of mine plan at the Moa JV more than doubles reserves and extends life of mine to 26 years. This is in line with Brazilian Mines Department. The New Shares will rank equally with usethe Company's existing fully-paid ordinary shares. On April 27 Eramet announced: "Eramet: Q1 2023 turnover of 775m." 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. pre-development and financing activities ahead of a Final Investment Decision. NIKL Sprott Nickel Miners ETF (NIKL) - Price = US$21.93. Specifically, Mr Fitzhardinge is the Competent Person for the database (including all drilling information), the geological and mineralisation models plus completed the site visits. nickel sulphate operation with class-leading ESG credentials. 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'. Vale plans a refinery at Bcancour in Qubec to supply GM with battery grade nickel sulfate with deliveries targeted to commence in H2 2026. In the chart below, we can see that institutional investors have bought into the company. Centaurus' Managing Director, Darren Gordon, said: personal"We are delighted with the very strong level of interest received from global investors for this milestone capital raising - which really puts Centaurus in an outstanding position to realise our objective of becoming one of the world's next significant green nickel producers. 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. So, the company is predicted to breakeven approximately 2 years from now. Get in touch with us directly. samples are well within the specified 2 standard deviations. All the material assumptions underpinning the Production Target continue to apply and have not. 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. 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. Top 20 Shareholders. Preliminary mineralogy samples from first two holes confirm: M, ineralization dominated by awaruite, a recoverable nickel-iron alloy mineral. 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. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. https://seekingalpha.com/page/terms-of-use, Analysts Disclosure: 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. Geologists complete a visual log of the RC samples on 1m intervals at the time of drilling. 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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%-owned Jaguar Nickel Sulphide Shares in Centaurus Metals last closed at AU$0.90 and the price had moved by-40.98% over the past 365 days. 1. In. BHP's Nickel West (includes the Mt Keith nickel mine in Australia) has a Measured and Indicated Resource of 4.1Mt contained nickel with a Total Resource contained nickel of 6.3Mt, with an average grade of 0.58% Ni in sulphide ore. Nickel West produced 80 kt of nickel in FY 2020. "First four holes intersected multi-hundred meter intervals of mineralized dunite across a strike length of two kilometers. SECTION 1 - SAMPLING TECHNIQUES AND DATA (Criteria in this section apply to all succeeding sections). Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. On April 28 Centaurus Metals Limited announced: March 2023 quarterly activities report. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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"). Reduction in net debt to $9M following strong cash generation, enabling the $240M repayment of the revolving credit facility. March 2023 quarterly report." Highlights include: Sama Resources [TSXV: SME] [GR;8RS] (OTCPK:SAMMF), Murchison Minerals [TSXV:MUR] (OTCQB:MURMF). Additionally, extra care is. Hole TXT23-32 intersected 10.5 meters of 0.95% nickel within 43.5 meters of 0.59% nickel within 292 meters of 0.31% nickel.". eriod ended 31 March 2023. The offer price represented . Strong recovery at Nova following a fire-impacted December quarter. Record $106M dividend paid to Shareholders. Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Supp.. Centaurus Metals Unearths Sulfides at Jaguar Project in Brazil. If a company chooses to publish the data, it's usually once a year in . Copyright 2023 Surperformance. Horizonte Minerals Plc [TSX:HZM] [AIM:HZM]. Level 2 These compare very closely with the original analysis for all elements. Mincor Resources Directors unanimously recommend that shareholders accept the Offer from Wyloo. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). ultricies, id mollis lorem volutpat. Australian Stock Exchange - 02:10:20 2023-05-02 am EDT, More brands of Centaurus Metals Limited, Chief Executive Officer, MD & Executive Director. Youre viewing a single post only. Canada Nickel Company [TSXV:CNC](OTCQX:CNIKF), On April 4 Canada Nickel Company announced: "Canada Nickel continues rapid progression of Crawford Nickel Project Federal Permitting..". Praesent nec nunc vel quam facilisis With a 48% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Centaurus Metals. Highlights include: Investors can view the company presentation here and a Trend Investing CEO interview here. GEM plans nickel joint venture in South Korea to serve US demand. 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. INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies. " 7 CENTAURUS METALS LIMITED ANNUAL REPORT CENTAURUS METALS ANNUAL REPORT 2021 Through the development of the Jaguar Project, Centaurus' goal is 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). Drill samples are logged for lithology, weathering, structure, mineralisation and alteration among. This HPAL plant will operate under PT Kolaka Nickel Indonesia in the Pomalaa Block nickel industrial area in Kolaka, Southwest Sulawesi, Indonesia. 1 Ord Street Where the sample is wet a visual estimate of the sample recovery is made. To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. Highlights include: Investors can view a CEO video here, or a CEO interview here on Trend Investing. It seems that Private Companies own 21%, of the Centaurus Metals stock. Highlights includes: Our Marketing segment continued to perform well through Q1 2023, particularly within energy products, such that extrapolating Q1's Marketing Adjusted EBIT has us, once again, on track to exceed the top end. 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. All drill holes were, drilled at 55-60 towards either 180 or 360. Distributed by Public, unedited and unaltered, on 20 January 2022 23:11:04 UTC. I generally consider insider ownership to be a good thing. All historical and new diamond core has been photographed. West Perth WA 6872 But just like anyone else, they could be wrong. 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.". There is no non-core sample within the historical drill database. For RC sampling 1m samples are taken from the cyclone and then split by rifle splitter (if dry) or. Forinclusion in this report of the matters based on their information in the form and context in which they appear. 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. Diamond Core (HQ/NQ) was cut using a core saw, core was sampled. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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. The samples were pulverised to 95% passing 150m and. Please. On April 4 Widgie Nickel announced: "Widgie South Nickel exploration success." Highlights include: On April 28 Queensland Pacific Metals announced: "March 2023 quarterly report." The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. Sample is collected from the sample cyclone in large plastic sample bags. Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. 1. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. CTM Substantial Shareholders Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Centaurus Metals Limited (CTM). In their own names, insiders own AU$42m worth of stock in the AU$500m company. 24-Apr-2023. In addition to the extensive new institutional investor support, the raise has been well. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Samples from RC drilling are split to make 3-5kg samples. Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. 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. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Economic Development Research Organization. Nickel sales were strong with up 3% y/y growth. 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. 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. Highlights include: Nickel mineralisation confirmed outside of current Widgie South resources including: Discovery of a broad, near surface, nickel mineralisation at Widgie Townsite. Hole TEX23-19 intersected 7 meters of 1.03% nickel within 40.0 meters of 0.69% nickel. On April 11 Panoramic Resources announced: "Preliminary March quarter production results." 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. Postal address: I wrote this article myself, and it expresses my own opinions. Level 2 On April 17 BHP Group announced: "Court approves OZ Minerals scheme of arrangement.". "Construction on-schedule at the end of the Period having broken ground in May 2022. 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. 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. Targeting a typical limonite ore specification of 1.6% Ni and 0.18% Co. Additional diversification to existing ore supply agreements with Socit Le Nickel (SLN) and Socit des Mines de la Tontouta (SMT) and Socit Minire Georges Montagnat (SMGM). Annual Report, Top 20 shareholders, Full Year Accounts, Full Year Audit Review . A pulverized aliquot was separated for analytical, 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, Current drilling is being completed on spacing of 100m x 50m or 50m x 50m. If you have an ad-blocker enabled you may be blocked from proceeding. Which of the following group do you best fit? Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. 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%). Nicholas Read Read Corporate M: +61 419 929 046. PO Box 975 In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name. Welcome to the nickel miners news for April. "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. I am not receiving compensation for it (other than from Seeking Alpha). Centaurus Metals is bordering on breakeven, according to some Australian Metals and Mining analysts. 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). Neometals Ltd is an Australia-based sustainable battery materials producer. Strong operating performance and record financial results" Highlights include: Group underlying free cash flow of $284M, up 21% QoQ following quarterly dividend from TLEA. MEDD062 32m @ 0.97% Ni, 0.04% Cu, 0.06% Co from 46m* #. 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. Email: office@centaurus.com.au. ornare sagittis. Telephone: +61 8 6424 8420 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. Totals: Top 20 Holders of ORDINARY FULLY PAID (TOTAL) 368,918,496: Uncertainty Rating. St George is the Manager of the Project with Western Areas retaining a 25% non-contributing interest in the Project (in regard to E29/638 only) until there is a decision to mine. 16 February 2021. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). McCusker Holdings, Dundee Goodman Merchant Partners and Harmanis Holdings. The budget pledges a concrete plan to improve the efficiency of the impact assessment and permitting processes by the end of 2023. 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. nickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations.
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