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. 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. Centaurus has checked, multiple collars in the field and has confirmed their location. 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. The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP. 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. Centaurus Metals makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of this announcement. Chip trays have been collected, photographed and stored for all drill holes to-date. 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. Please. Highlights include: On April 28 Widgie Nickel announced: "March 2023 quarterly report." On April 18 Nickel Industries Limited announced: Oracle Nickel commences commercial sales. No adjustments have been made to the assay data. Highlights include: On April 24 Horizonte Minerals Plc announced: "Construction of the Araguaia Nickel Project remains on-budget and on-schedule.". The Project is also approximately 15km north west of Vales huge Onca Puma Ferronickel operation. In their own names, insiders own AU$42m worth of stock in the AU$500m company. Highlights include: Sherritt International (OTCPK:SHERF)[TSX:S]. The latest Centaurus Metals Limited [CTM] news, articles, data and analysis from The Australian Financial Review . 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. The offer price represented . See our latest analysis for Centaurus Metals . Many want to see value creation (and a higher share price) in the short term or medium term. 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. "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. 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." Araguaia Nickel Project line 2 Feasibility Study, which aims to double nickel production from 14,500 tonnes per annum to 29,000 tonnes per annum, remains on track for publication in H2 2023.". Talon Metals owns a 51% project share, with potential to further earn-in to a 60% share by 2026. 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. These forward-looking statements are based on Centaurus Metals' expectations and beliefs concerning future events. This HPAL plant will operate under PT Kolaka Nickel Indonesia in the Pomalaa Block nickel industrial area in Kolaka, Southwest Sulawesi, Indonesia. As at the end of March, ONI had produced 5,953 tonnes of nickel metal (in NPI) with all four RKEF lines now commissioned Record quarterly EBITDA from operations of US$113.2M as nickel production continues to increase with Oracle ramp-up.. Kambalda Nickel Operations on track to achieve nameplate mining rates by the end of FY2023 while work continues to optimize performance. Sample weight is between 3-5kg. 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. Centaurus Metals Limited - Products & Brands Glencore Q1, 2023 own sourced nickel production of 20,900 tonnes was 32% lower than Q1 2022. Youre viewing a single post only. Centaurus recently delivered an updated JORC Mineral Resource Estimate (MRE) of 80.6Mt at 0.91% Ni for 730,700 t nnes of contained nickel metal for the Jaguar Project, making it one of the largest undeveloped nickel sulphide projects globally with class-leading ESG credentials given the extremely low carbon footprint the Project will have as a result of Brazil generating 80% of its grid power from renewable sources. Highlights include: You can read a recent Trend Investing article here that discusses QPM. 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.". PO Box 975 Historical soil sampling was completed by Vale. Where the sample is wet a visual estimate of the sample recovery is made. precision of the samples is within acceptable limits. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). (5% of all samples). . Highlights include: Sama Resources [TSXV: SME] [GR;8RS] (OTCPK:SAMMF), Murchison Minerals [TSXV:MUR] (OTCQB:MURMF). To that end, you should learn about the 4 warning signs we've spotted with Centaurus Metals (including 2 which can't be ignored) . On April 4 Widgie Nickel announced: "Widgie South Nickel exploration success." Mr Scarpelli is based in the Company' s Brazil office. Welcome to the nickel miners news for April. Strong recovery at Nova following a fire-impacted December quarter. Record $106M dividend paid to Shareholders. There is no non-core sample within the historical drill database. $14.5M cash-at-bank, supportive share register seeking development of the Kalgoorlie Nickel Project (KNP) Centaurus Metals Limited [ASX:CTM] (OTCQX:CTTZF). On March 29 Horizonte Minerals Plc announced: "Final results for the year ended 31 December 2022." 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. 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. All historical geological samples were received and prepared by SGS Geosol or ALS Laboratories as, 0.5-5.0kg samples. GEM plans nickel joint venture in South Korea to serve US demand. Liquidity remains at a high level contributing to secure the Group's financing plan. The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%. These compare very closely with the original analysis for all elements. Distributed by Public, unedited and unaltered, on 20 January 2022 23:11:04 UTC. Owns the West Musgrave nickel-copper project in Western Australia as well as several other mines. " 7 CENTAURUS METALS LIMITED ANNUAL REPORT CENTAURUS METALS ANNUAL REPORT 2021 Through the development of the Jaguar Project, Centaurus' goal is 2000 - 2023 HotCopper. On April 17 BHP Group announced: "Court approves OZ Minerals scheme of arrangement.". Simply Wall St has no position in any stocks mentioned. Stage 1 production of the Kwinana Nickel Refinery is aimed to be 100ktpa nickel sulphate. Gas, Tax 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. 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. (Criteria in this section apply to all succeeding sections). All metallurgical chemical analysis is completed by ALS laboratories, All historical samples were collected by Vale field geologists. For metallurgical test work continuous downhole composites are selected to represent the. If a company chooses to publish the data, it's usually once a year in . The information in this report that relates to Exploration Results is based on information compiled by Mr Roger Fitzhardinge who is a Member of the Australasia In titute of Mining and Metallurgy. They were dried at 105C until the sample was completely dry (6-12hrs), crushed, to 90% passing 4mm and reduced to 400g. 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 March 30 Centaurus Metals Limited announced: "Financial report 31 December 2022..". Near-surface mineralization - overburden less than five meters thick. owned Oracle Nickel Project (Oracle Nickel or ONI) has received its Izin Usaha Industri (IUI or Industrial Business Licence) enabling it to commence commercial sales from stockpiled NPI production. 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. I wrote this article myself, and it expresses my own opinions. This announcement may include forward-looking statements. Sub-samples are ground to specific sizes fractions (53-106m) for flotation testwork. Nickel spot prices were flat the last month. They expect the company to post a final loss in 2023, before turning a profit of AU$80m in 2024. Centaurus Metals Limited is an Australia-based minerals exploration company. "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. The past month saw a busy month of nickel miner news. Reduction in net debt to $9M following strong cash generation, enabling the $240M repayment of the revolving credit facility. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. scelerisque a ut orci. PO Box 975 This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. Registered office: Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Logging is both. On April 21 MMC Norilsk Nickel announced: Nornickel announces consolidated production results for 1Q 2023. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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. 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. 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). But just like anyone else, they could be wrong. Vales 1Q23 production and sales reportNickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations and slightly longer scheduled maintenance at Matsusaka refinery compared to 1Q22. 2022 - IEA forecasts 60 new nickel mines needed by 2030, BMI forecasts we need 330+ new EV metal mines from 2022 to 2035 to meet surging demand - 72 new 45,500tpa nickel mines needed by 2035. Please disable your ad-blocker and refresh. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. Telephone: +61 8 6424 8420 Home; About Us. There is some analyst coverage of the stock, but it could still become more well known, with time. All rights reserved. Our data shows that Mccusker Holdings Pty.
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