Centaurus Metals drills 20.4m at 3.94% Ni from the deepest hole drilled to date. Diamond Drilling recovery rates are being calculated at each drilling run. Queensland Pacific Metals [ASX:QPM] (OTCPK:QPMLF). So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%. Source: International Energy Agency 2021 report. So it is worth checking the past earnings trajectory of Centaurus Metals, (below). 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). Strong recovery at Nova following a fire-impacted December quarter. Record $106M dividend paid to Shareholders. 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. PO Box 975 Mr Barnes and Mr Fitzhardinge are both members of the Australasian Institute of Mining and Metallurgy. Centaurus Metals Limited's (ASX:CTM) largest shareholders are It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. (5% of all samples). "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. Nickel sales were strong with up 3% y/y growth. Cash at bank of A$59.2 million at quarter end, First quarter report 2023 for the three months ending March, 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 fiel. 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." The results reported are well within the specified standard deviations of the mean grades, for the main elements. ornare sagittis. Centaurus Metals : 2020-02-28 Proposed Share Consolidation | 156KB Nickel 28 announces confirmation of largest ever Ramu cash distribution. 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. 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. MEDD062 32m @ 0.97% Ni, 0.04% Cu, 0.06% Co from 46m* #. is present during drilling and monitors the sampling process. 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. In the chart below, we can see that institutional investors have bought into the company. ALS Laboratories insert their own standards at set frequencies and monitor the precision of the, analysis. The New Shares will rank equally with usethe Company's existing fully-paid ordinary shares. 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). All drill holes have been logged geologically and geotechnically by Vale or Centaurus geologists. At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. 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. 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. The Jaguar Project includes multiple nickel sulphide deposits and exploration targets within a approximately 30 square kilometers (km2) land package. Mauris sit amet mi ac turpis Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. 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. 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. Strong operating performance and record financial results" Highlights include: Group underlying free cash flow of $284M, up 21% QoQ following quarterly dividend from TLEA. Liquidity remains at a high level contributing to secure the Group's financing plan. If you are like me, you may want to think about whether this company will grow or shrink. The plant would aim to meet the battery material sourcing requirements of the U.S. IRA signed into law last August that requires automakers to source 50% of the critical minerals used in EV batteries from North America or U.S. allies by 2024, rising to 80% by the end of 2026. 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 estimated. Concerned about the content? Trading, Managed If you have an ad-blocker enabled you may be blocked from proceeding. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Investor Centre | Centaurus Metals Limited 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). Executive Director; Our Team; Research. Postal address: Director Transactions. Near-surface mineralization - overburden less than five meters thick. 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"). Logging for drilling is qualitative and quantitative in nature. Highlights include: You can read a recent Trend Investing article here that discusses QPM. On April 19 Nickel 28 Capital Corp. announced: "Nickel 28 announces confirmation of largest ever Ramu cash distribution and proposed resumption of normal course issuer bid." 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. Stage 1 production of the Kwinana Nickel Refinery is aimed to be 100ktpa nickel sulphate. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). ultricies, id mollis lorem volutpat. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Centaurus Metals Limited - Products & Brands either by riffle splitters or manually (fish bone method) where there is high moisture content. All historical and new diamond core has been photographed. . Mincor Resources Directors unanimously recommend Wyloo Offer. Many want to see value creation (and a higher share price) in the short term or medium term. The shocking amount some people have saved, and why speaking with a financial advisor could help increase your returns and alleviate stress. 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. Street Talk Louie Douvis. Ltd. is the largest shareholder with 12% of shares outstanding. CENTAURUS METALS LIMITED : Press releases relating to CENTAURUS METALS LIMITED Investor relations | Australian Stock Exchange: CTMND | Australian Stock Exchange . This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. EAS Advisors, LLC, acting through Odeon Capital Group LLC, member of FINRA/SIPC/MSRB/NFA, acted as a US placement agent for the Company. supported by existing substantial shareholders including affiliates of the Sprott Group. pre-development and financing activities ahead of a Final Investment Decision. Fitch says nickel could average $US32,000/t in years to come. Our data indicates that hedge funds own 6.3% of Centaurus Metals. production guidance for the 2023 financial year to between 75 and 85 kt. ", Quarterly activities report for the period ending 31 March 2023.". Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." Our data shows that Mccusker Holdings Pty. Centaurus Metals Limited is an Australia-based minerals exploration company. In addition to the extensive new institutional investor support, the raise has been well. Nickel focus - sustainable high-grade nickel sulphide asset leveraged to strong long-term Class-1 nickel market outlook Top 20 Shareholders. The Company is focused on the continuous development and commercialization of its technologies to achieve its purpose in collaboration with global partners. digestion); sulphur analysis was completed with Leco, and Au and PGEs completed via Fire Assay. 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.". 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. "Construction on-schedule at the end of the Period having broken ground in May 2022. Drill sections are spaced 100m apart and generally there. & Taxation. Centaurus Metals : $75M Institutional Placement for Development of Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Postal address: 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. 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. 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. In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name. samples. But just like anyone else, they could be wrong. -, NOT FOR RELEASE TO U.S. WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES, 80.6Mt at 0.91% Ni for 730,700 t nnes of contained nickel metal, 9.7% to the Company's last closing price prior to the raise of $1.285 per share on 18 January 2022; and, Darren Gordon Managing Director Centaurus Metals Limited T: +618 6424 8420. The New Shares are expected to be allotted on Tuesday, 1 February 2022. Forinclusion in this report of the matters based on their information in the form and context in which they appear. 4 more messages in LME shows the price at USD 23,760/tonne. Preliminary mineralogy samples from first two holes confirm: M, ineralization dominated by awaruite, a recoverable nickel-iron alloy mineral. Annual Report to shareholders. At the laboratories, samples were dried (up to 105C), crushed to 95% less than 4mm, homogenized, split and pulverized to 0.105mm. 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. Street Talk; Centaurus Metals to raise $26.2 million. On April 11 Panoramic Resources announced: "Preliminary March quarter production results." taken when drilling through the water table or other zones of difficult ground conditions. nickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations. The past month saw a busy month of nickel miner news. Top 20 Shareholders; Annual Reports. There is some analyst coverage of the stock, but it could still become more well known, with time. They are headquartered by their head office in West Perth. Centaurus Metals Limited (ASX: CTM) - Intelligent Investor 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. Power Nickel final drill results from the Fall 2022 Drill Program and initial drill results from Winter 2023." "First four holes intersected multi-hundred meter intervals of mineralized dunite across a strike length of two kilometers. 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. Below is the very newly listed Sprott Nickel Miners ETF. personalMedia Inquiries: Nicholas Read Read Corporate M: +61 419 929 046. 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. ", >$1.4 billion in conditional, indicative commitments from financiers; and. Nickel spot prices were flat the last month. Trend Investing looks at investment trends for professional investors. Centaurus Metals Limited 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'. Artemis Resources [ASV:ARV], Australian Mines [ASX:AUZ], Blackstone Minerals [ASX:BSX], Cassini Resources [ASX: CZI] (OTC:CSSQF), Class 1 Nickel and Technologies Ltd. [CSE:NICO] (OTCQB:NICLF), Electra Battery Materials [TSXV:ELBM] (ELBMF), Electric Royalties [TSXV:ELEC], Flying Nickel Mining Corp. [TSXV:FLYN], FPX Nickel [TSXV:FPX], Grid Metals Corp [TSXV:GRDM], Go Metals [CSE:GOCO] (OTCPK:GOCOF), Huntsman Exploration [TSXV:HMAN] (OTCPK:BBBMF), Inomin Mines [TSXV:MINE], Jervois Global Limited [ASX:JRV] (OTCQX:JRVMF), New Age Metals [TXV:NAM], Nickel Creek Platinum [TSX:NCP] (OTCQX:NCPCF), Nordic Nickel Limited [ASX:NNL], Pancontinental Resources Corporation [TSXV:PUC], Polymet Mining [TSX:POM], Renforth Resources [CSE:RFR] (OTCQB:RFHRF), Rox Resources [ASX:RXL], S2 Resources (ASX:S2R), Stillwater Critical Minerals [TSXV:PGE] (OTCQB:PGEZF), Sunrise Energy Metals [ASX:SRL] (OTCQX:SREMF), Surge Battery Metals Inc. [TSXV:NILI] [FRA:DJ5C] (OTCPK:NILIF), Talisman Mining Ltd. [ASX:TLM], Tartisan Nickel Corp. [CSE:TN] (OTCQX:TTSRF), Transition Metals [TSXV:XTM], URU Metals Ltd. [LSE:URU] [GR:NVRA], Wall Bridge Mining [TSX:WM], and Zeb Nickel Corp. [TSXV:ZBNI] (OTCQB:ZBNIF). All new data is collected, on Excel Spreadsheet, validated and then sent to independent database administrator (MRG) for. 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 . Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. He is director of Centaurus Metals Limited and Strandline Resources Limited. 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. Court approves Scheme. Additionally, there are laboratory standards and duplicates that have been inserted. Nickel Miners News For The Month Of April 2023 | Seeking Alpha He joined Centaurus in 2011 bringing a wealth of stakeholder relations and regulatory approval experience to the Company, particularly in the field of environmental matters, health and safety and human resources. 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. APPENDIX A - Compliance Statements for the Jaguar Project. They were dried at 105C until the sample was completely dry (6-12hrs), crushed, to 90% passing 4mm and reduced to 400g. I have no business relationship with any company whose stock is mentioned in this article. CENTAURUS METALS LIMITED : Press releases | CTMND | AU0000055790 Investor Centre | Centaurus Metals Limited 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. Chip trays have been collected, photographed and stored for all drill holes to-date. Nickel market news - INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies. Ramelius Resources Limited is an Australia-based company, which is engaged in the exploration, mine development, and production, and sale of gold in Australia. 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. Centaurus Metals Limited is an Australia-based minerals exploration company. On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." Note: Some of the above companies are covered in the Cobalt monthly news. All the material assumptions underpinning the Production Target continue to apply and have not. Hole TEX23-26 intersected 3 meters of 1.47% nickel within 13.5 meters of 0.82% nickel within 52.5 meters of 0.5% nickel. The Centaurus CP has verified the historical significant intersections. 2019-05-31 Chairman's Address to Shareholders | 131KB: PU. The offer price represented . 1. Owns the West Musgrave nickel-copper project in Western Australia as well as several other mines. ASX Listing Rule 7.1A - 35,829,162 shares. We can see. A 5kg, sample was taken from the subsoil. See Seeking Alpha's Terms of use. Registered office: On April 14 IGO Limited announced: "Land secured at Kwinana for proposed integrated battery material facility..". 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. Telephone: +61 8 6424 8420 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. 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. Please disable your ad-blocker and refresh. Hole TEX23-19 intersected 7 meters of 1.03% nickel within 40.0 meters of 0.69% nickel. Ltd. is the largest shareholder with 12% of shares outstanding. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. 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. 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. The outlook for 2023 is, as expected, set against the background of a less buoyant macroeconomic context. Current drilling is a combination of HQ and NQ core (Servdrill). To continue reading it, access the original document here. Core is cut and core sampled and sent to accredited independent laboratory (ALS). 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. On March 29 Horizonte Minerals Plc announced: "Final results for the year ended 31 December 2022." ForP oject in northern Brazil (Jaguar Project). Australian Stock Exchange - 02:10:20 2023-05-02 am EDT, More brands of Centaurus Metals Limited, Chief Executive Officer, MD & Executive Director. $14.5M cash-at-bank, supportive share register seeking development of the Kalgoorlie Nickel Project (KNP) Centaurus Metals Limited [ASX:CTM] (OTCQX:CTTZF). In their own names, insiders own AU$42m worth of stock in the AU$500m company. The information in this report that relates to the Jaguar Mineral Resource is based on information compiled by Mr Lauritz Barnes (consultant with Trepanier Pty Ltd) and Mr Roger Fitzhardinge (a permanent employee and shareholder of Centaurus Metals Limited). To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. "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. Horizonte is developing its 100% owned Araguaia Nickel Project (Araguaia) as Brazils next major ferronickel mine. manually (if wet) using the fish-bone technique. Premium Nickel Resources Corporation [TSXV:PNRL](OTCQX:PNRLF). Many institutions measure their performance against an index that approximates the local market. 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. Core was cut and core sampled and sent to commercial laboratories for physical preparation and. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). PT Vale Indonesia and Huayou sign nickel agreement with Ford Motor Co.. Fitch says nickel could average $US32,000/t in years to come. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. On April 4 Queensland Pacific Metals announced: German supplier collaboration agreement and German funding supportTotal indicative and conditional debt funding expressed by interested financiers as part of QPMs debt process exceeds A$1.4 Billion. PO Box 975 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. 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. Nicholas Read Read Corporate M: +61 419 929 046. The same can be achieved by studying analyst sentiments. Specifically, Mr Fitzhardinge is the Competent Person for the database (including all drilling information), the geological and mineralisation models plus completed the site visits. 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 funds raised via the placement will be used on the Jaguar Project, for: Definitive Feasibility Study work including all development drilling, metallurgical testwork, process. centaurus metals top 20 shareholders - howtohealthyeating.com Drill samples are logged for lithology, weathering, structure, mineralisation and alteration among. Centaurus Metals Limited's shares are listed on the Australian Securities Exchange Ordinary fully paid shares (ASX code: CTM) PRINCIPAL & REGISTERED OFFICE Australia Level 2, 1 Ord Street West Perth WA 6005 PO Box 975 West Perth WA 6872 Telephone: (08) 6424 8420 Email:ofce@centaurus.com.auWebsite: www.centaurus.com.au Brazil Samples are then split to 1kg sub-.