Ltd. is the largest shareholder with 12% of shares outstanding. bag with a sample tag before being sent to the laboratory. Sample length along. Delayed Australian Stock Exchange 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. 16 February 2021. 1. The Jaguar Project is located approximately 35 kilometers (km) north of the regional center of Tucuma, where a 138kV sub-station is located. Trading, Managed Forinclusion in this report of the matters based on their information in the form and context in which they appear. Neometals Ltd is an Australia-based sustainable battery materials producer. At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. No quantitative twinned drilling analysis has been undertaken at the project to date. Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce that it has filed a technical report, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's 100% owned nickel, copper, cobalt, platinum-group elements ("Ni-Cu- Co-PGE") Selkirk Mine in Botswana. Is this happening to you frequently? Street Talk Louie Douvis. CENTAURUS METALS ANNUAL REPORT 2021 Our strong position and the clear direction we are taking is due to the hard work, dedication and commitment of our exceptionally hardworking and highly skilled team. I am not receiving compensation for it (other than from Seeking Alpha). 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). Canada Nickel continues rapid progression of Crawford Nickel Project Federal Permitting..", Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property.". 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 "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. Sample size, sample recovery estimate and conditions. A company's cash runway is calculated by dividing its cash hoard by its cash burn. We aim to bring you long-term focused analysis driven by fundamental data. As of April 29, the nickel spot price was USD 10.73, similar to USD 10.71 last month. 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. Top 20 Shareholders About the Data Shareholder Distribution As reported in the most recent Annual Report. Concerned about the content? Top 20 Shareholders; Annual Reports. Ramelius Resources Limited is an Australia-based company, which is engaged in the exploration, mine development, and production, and sale of gold in Australia. 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. Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). See our latest analysis for Centaurus Metals . On April 21 MMC Norilsk Nickel announced: Nornickel announces consolidated production results for 1Q 2023. They were dried at 105C until the sample was completely dry (6-12hrs), crushed, to 90% passing 4mm and reduced to 400g. Centaurus Metals Limited (ASX: CTM) is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, located in the Carajas Mineral Province in Northern Brazil. Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property. 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. at a coupon of 11.25%, maturing 21 October 2028 (New Notes). The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP. Centaurus Metals Limited is an Australia-based minerals exploration company. Below is the very newly listed Sprott Nickel Miners ETF. standards and Centaurus's current operating procedures. Highlights include: On April 24 Horizonte Minerals Plc announced: "Construction of the Araguaia Nickel Project remains on-budget and on-schedule.". Centaurus Metals : 2021-04-20 Outstanding Drill Results - Jaguar Nickel Project | 6,064KB: PU. Vale drilled 169 drill holes for a total of 56,592m of drilling in the resource area. Mr Scarpelli is based in the Company' s Brazil office. Let's take a closer look to see what the different types of shareholders can tell us about Centaurus Metals. Centaurus Metals (ASX: CTM) 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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. 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. No bias to material, RC sample weights are taken for all samples and a recovery estimate are made where the sample, is not wet. 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. Centaurus Metals Limited Ltd (ASX: CTM) 2022 Online Annual Report View our Annual . 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. Centaurus Metals Limited, trading as Centaurus Metals, is a locally owned, public company deriving revenue from mineral exploration and evaluation undertaken in Brazil. Annual Report to shareholders. Centaurus Metals (ASX: CTM) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. Contact Us Company Profile Corporate Directory Board of Directors Corporate Governance. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. Shareholders would probably be interested to learn that insiders own shares in Centaurus Metals Limited. "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. Sample weight is between 3-5kg. "Binding ore supply agreement entered into with Ma Kouaoua Mines (MKM) for up to 300,000 wmt per annum. CTM Ann: Annual Report to shareholders CTM centaurus metals limited Ann: Annual Report to shareholders ASX News 851 24/04/23 19:37 Post #: 67435786 Share Release Date: 24/04/23 19:17 Summary: Annual Report to shareholders Price Sensitive: No Download Document 17.99MB Upvote Reply Volume 0% 00:00 01:00 $14.5M cash-at-bank, supportive share register seeking development of the Kalgoorlie Nickel Project (KNP) Centaurus Metals Limited [ASX:CTM] (OTCQX:CTTZF). is 50 to 100m spacing between drill holes on sections. 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. With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP and Regal Funds Management Pty Limited are the second and third largest shareholders. Additionally, extra care is. All metallurgical chemical analysis is completed by ALS laboratories, All historical samples were collected by Vale field geologists. The. Logging is carried out to industry standard and is audited by Centaurus CP. and pursue exploration targeting new discoveries. Rank Name Number held % of issued shares; 1: CITICORP NOMINEES PTY LIMITED: 92,863,924: 21 . This implies the analysts working for those institutions have looked at the stock and they like it. The Centaurus CP has verified the historical significant intersections. I wrote this article myself, and it expresses my own opinions. 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. This article is for information purposes only and should not be considered as any type of advice or recommendation. Highlights include: On April 18 Canada Nickel Company announced: "Canada Nickel expands high grade, near surface mineralization at Texmont." Panoramic's Savannah mine and mill has a forecast life of mine average annual production rate of 10,800t of nickel, 6,100t of copper and 800t of cobalt metal contained in concentrate. Validates that the United States hosts additional high-grade nickel and progresses towards permitting for the underground mine and processing facility to supply Tesla..Over the past several months, Talon has been advancing its dual strategy of (i) new exploration along the Tamarack Intrusive Complex, with the primary goal of discovering additional high-grade nickel-copper resources at the Tamarack Nickel Project; and (ii) progressing the requisite drilling, data collection, modelling, and engineering studies and designs to enable Talon to commence the environmental review process that starts the permitting process in the state of Minnesota and completing a feasibility study for the Tamarack Nickel Project. Q1 2023 production report..Nickel production increased by 4%, reflecting improved operational performance. scheduled repairs of two flash smelting furnaces at Nadezhda. On April 27 Power Nickel announced: "Hole 23 delivers! samples are well within the specified 2 standard deviations. Centaurus has adopted the same sampling QAQC procedures which are in line with industry. Nickel-in-concentrate production of 1,380 tonnes for the quarter and 3,323 tonnes for year to date Exploration Strategy refresh to unlock full potential of Mincors landholding in the Tier 1 Kambalda Nickel Province, including a significant geological re-interpretation of the Kambalda Dome. 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. The New Shares are expected to be allotted on Tuesday, 1 February 2022. Australian and international institutional investors. 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. With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP. Top 20 Shareholders. Substantial Shareholders A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. 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. 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. Duis rutrum sapien non The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. Horizonte Minerals Plc [TSX:HZM] [AIM:HZM]. 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. Sudbury mines had strong performance in the quarter, reaching ore production rates of 11.8 ktpd in March, the highest rate since 2017. The budget pledges a concrete plan to improve the efficiency of the impact assessment and permitting processes by the end of 2023. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. No relationship between sample recovery and grade has been demonstrated. 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. The Project is also approximately 15km north west of Vales huge Onca Puma Ferronickel operation. 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. Mr Barnes and Mr Fitzhardinge are both members of the Australasian Institute of Mining and Metallurgy. Mr Barnes and Mr Fitzhardinge consent to the. Readers should "Do Your Own Research" ("DYOR") and all decisions are your own. Vale Voisey's Bay Mine is a key Canadian and global source of nickel. (Criteria in this section apply to all succeeding sections). 1. On April 28 Centaurus Metals Limited announced: March 2023 quarterly activities report. Logging for drilling is qualitative and quantitative in nature. Source: International Energy Agency 2021 report. "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. Many want to see value creation (and a higher share price) in the short term or medium term. Vale inserted standard samples every 20 samples (representing 5%). Please. 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). Successfully completed first drawdown of the Senior Debt facility having satisfied related conditions. GEM plans nickel joint venture in South Korea to serve US demand. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to December 31, 2022 amounts to $160.5 million. 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 market news - INSG forecasts 2023 nickel surplus amid increase in Class 2 supplies. Luckily, you can check this free report showing analyst forecasts for its future. 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). Glencore Q1, 2023 own sourced nickel production of 20,900 tonnes was 32% lower than Q1 2022. Core is cut and core sampled and sent to accredited independent laboratory (ALS). Current drilling is a combination of HQ and NQ core (Servdrill). Centaurus Metals drills 20.4m at 3.94% Ni from the deepest hole drilled to date. Telephone: +61 8 6424 8420 The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. To continue reading it, access the original document here. 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 Nickel 28 announces confirmation of largest ever Ramu cash distribution. Vale plans a refinery at Bcancour in Qubec to supply GM with battery grade nickel sulfate with deliveries targeted to commence in H2 2026. Samples from RC drilling are split to make 3-5kg samples. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Email: [email protected]. In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name. is present during drilling and monitors the sampling process. Our data shows that Mccusker Holdings Pty. On March 29 Horizonte Minerals Plc announced: "Final results for the year ended 31 December 2022." 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. He is director of Centaurus Metals Limited and Strandline Resources Limited. Fusce quis dignissim felis. 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. Praesent nec nunc vel quam facilisis or the quarter ended 31 March 2023. digestion); sulphur analysis was completed with Leco, and Au and PGEs completed via Fire Assay. On April 26 Vale SA announced: "Vales performance in 1Q23.". production guidance for the 2023 financial year to between 75 and 85 kt. Given the lack of certainty regarding future acceptance of any off-specification product and the incomplete status of potential solutions, Mincor has decided to withdraw its guidance (see ASX announcement on 7 March 2023). The 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. These forward-looking statements are based on Centaurus Metals' expectations and beliefs concerning future events. Centaurus Metals is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, in Northern Brazil. Youre viewing a single post only. 85% passing 75m and split further to 250g aliquots for chemical analysis. This may not be consistent with full year annual report figures. This is an excerpt of the original content. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. On April 11 Panoramic Resources announced: "Preliminary March quarter production results." Specifically, the funds will be used to complete a Definitive Feasibility Study (DFS) for Jaguar and maintain the Company's very strong existing drilling momentum. 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. The samples were pulverised to 95% passing 150m and. We can see. In their own names, insiders own AU$42m worth of stock in the AU$500m company. This HPAL plant will operate under PT Kolaka Nickel Indonesia in the Pomalaa Block nickel industrial area in Kolaka, Southwest Sulawesi, Indonesia. Reduction in net debt to $9M following strong cash generation, enabling the $240M repayment of the revolving credit facility.
Gwr First Class Food Menu,
Deaths Gambit Ione Or Vrael Choice,
Napa Valley Stone Ground Mustard Company,
Como Se Fuma Un Tabaco Para Desesperar,
Articles C