Luckily, you can check this free report showing analyst forecasts for its future. The service is information only and does not offer advise or recommendations. 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. production guidance for the 2023 financial year to between 75 and 85 kt. . AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT. The Company is engaged in the exploration and evaluation activities related to mineral resources in Brazil. 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. Centaurus Metals Limited Ltd (ASX: CTM) 2022 Online Annual Report View our Annual . Centaurus Metals Limited - Products & Brands 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. Logging is both. +89% in volumes of nickel ore sold externally in Indonesia. Mr Barnes and Mr Fitzhardinge are both members of the Australasian Institute of Mining and Metallurgy. 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. You can view the top holdings here. 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. On April 28 IGO Limited announced: "Quarterly report period ended 31 March 2023. Email: [email protected]. Trading, Managed However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. 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). 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. All metallurgical chemical analysis is completed by ALS laboratories, All historical samples were collected by Vale field geologists. Specifically, Mr Fitzhardinge is the Competent Person for the database (including all drilling information), the geological and mineralisation models plus completed the site visits. 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. 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. Oracle Nickel commences commercial sales. As of April 29, the nickel spot price was USD 10.73, similar to USD 10.71 last month. Quarterly operations report for the quarter ended 31 March 2023. Share Price Activity (ASX) Performance Size Key Fundamentals Broker Consensus Latest Centaurus Metals Ltd News More News Level 2 Highlights include: Operations and Guidance updateMincor was notified on Wednesday, 29 March 2023, that BHP would not agree to amend the off-take agreement specifications. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. "First four holes intersected multi-hundred meter intervals of mineralized dunite across a strike length of two kilometers. 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.". All historical and new diamond core has been photographed. Top 20 Shareholders; Annual Reports. Strong recovery at Nova following a fire-impacted December quarter. Record $106M dividend paid to Shareholders. This announcement brings to an end the Company's current trading halt. Top 20 Shareholders. ALS Laboratories insert their own standards at set frequencies and monitor the precision of the, analysis. Strong operating performance and record financial results" Highlights include: Group underlying free cash flow of $284M, up 21% QoQ following quarterly dividend from TLEA. Vale Voisey's Bay Mine is a key Canadian and global source of nickel. All Rights Reserved. Which of the following group do you best fit? Funds, Oil & Vale drilled 169 drill holes for a total of 56,592m of drilling in the resource area. A closer look at our ownership figures suggests that the top 21 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. Distributed by Public, unedited and unaltered, on 20 January 2022 23:11:04 UTC. For RC sampling 1m samples are taken from the cyclone and then split by rifle splitter (if dry) or. 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 sample is placed in a plastic sample. >$1.4 billion in conditional, indicative commitments from financiers. It seems that Private Companies own 21%, of the Centaurus Metals stock. Some would say this shows alignment of interests between shareholders and the board. Mean grades of the standard. manually (if wet) using the fish-bone technique. 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. Below is the very newly listed Sprott Nickel Miners ETF. 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. Fitch says nickel could average $US32,000/t in years to come. Annual Report to shareholders. Sample length along core, varies between 0.3 to 4.0m, with an average of 1.48m; sampling was done according to lithological, contacts and generally by 1m intervals within the alteration zones and 2m intervals along the waste. "Own sourced nickel production of 20,900 tonnes was 9,800 tonnes (32%) lower than Q1 2022, primarily reflecting INO prioritising third party feed. The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%1 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. These compare very closely with the original analysis for all elements. Trend Investing was recently selected as the leading expert consultancy for a U.S government project on the EV supply chain. Shares in Centaurus Metals last closed at AU$0.90 and the price had moved by-40.98% over the past 365 days. Highlights include: Investors can view the company presentation here and a Trend Investing CEO interview here. This is an excerpt of the original content. These forward-looking statements are based on Centaurus Metals' expectations and beliefs concerning future events. Highlights include: On April 28 Widgie Nickel announced: "March 2023 quarterly report." 1. "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. 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. Vale QAQC procedures and results are to industry standard and are of acceptable quality. On April 21 MMC Norilsk Nickel announced: Nornickel announces consolidated production results for 1Q 2023. Note: Some of the above companies are covered in the Cobalt monthly news. Court approves Scheme. All drill holes were, drilled at 55-60 towards either 180 or 360. The samples are dried, crushed and pulverised to. Nicholas Read Read Corporate M: +61 419 929 046. See Seeking Alpha's Terms of use. 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. On April 28 Centaurus Metals Limited announced: March 2023 quarterly activities report. 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. 2000 - 2023 HotCopper. Centaurus Metals (ASX: CTM) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. As at the end of March, ONI had produced 5,953 tonnes of nickel metal (in NPI) with all four RKEF lines now commissioned On April 26 Nickel Industries Limited announced: Project update: Siduarsi Nickel-Cobalt Project..Results to date have returned peak assay results of 3.68% nickel and 0.82% cobalt, peak assay results for additional elements have also returned 21.72% chromium oxide (Cr2O3), 39.58% aluminium oxide (Al2O3), 81.38% iron oxide (Fe2O3) and 191 ppm scandium, with the overall average Scandium grade in Limonite returning 48ppm. Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. All the material assumptions underpinning the Production Target continue to apply and have not. Centaurus Metals Limited is an Australia-based minerals exploration company. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Horizonte Minerals construction of the Araguaia Nickel Project remains on-budget and on-schedule for Q1, 2024 production start. this thread Last trade - 16.10pm 02/05/2023 (20 minute delay). The big shareholder groups in Centaurus Metals Limited (ASX:CTM) have power over the company. Read "The Trend Investing Difference", or sign up here. Plus CEO interviews, chat room access with other professional investors. If you are like me, you may want to think about whether this company will grow or shrink. Geosol), using wire-line hydraulic diamond rigs, drilling NQ and HQ core. 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. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Glencore [HK:805] [LSE:GLEN] (OTCPK:GLCNF). recovery is approximately 90%, which is considered acceptable for the deposit type. View our Annual Report. Queensland Pacific Metals [ASX:QPM] (OTCPK:QPMLF). The Directors of Nickel Mines Limited (Nickel Mines or the Company) are pleased to advise that its 70%. Trend Investing looks at investment trends for professional investors. nickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations. West Perth WA 6872 Logging, captures colour, rock-type, mineralogy, alteration and mineralisation style. . Strength of Eramet's financial profile: first financial ratings obtained from Fitch (BB+) and Moodys (Ba2). Q1 2023 production report..Nickel production increased by 4%, reflecting improved operational performance. 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. 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). At the time of writing, Centaurus Metals shares have jumped 32.84% to trade at 44.5 cents apiece. Entering text into the input field will update the search result below. Vale inserted standard samples every 20 samples (representing 5%). Director Transactions. Horizonte is developing its 100% owned Araguaia Nickel Project (Araguaia) as Brazils next major ferronickel mine. Centaurus Metals Limited is an Australia-based minerals exploration company. Level 2 Funds will also be used for pre-development and financing activities ahead of a planned Final Investment Decision (FID) on the Project in Q3 2023. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws. With 8.0% and 6.3% of the shares outstanding respectively, Sprott Asset Management LP. He is director of Centaurus Metals Limited and Strandline Resources Limited. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. 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. QAQC: Standards (multiple standards are used on a rotating basis) are inserted every 20 samples. PO Box 975 I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. To that end, you should learn about the 4 warning signs we've spotted with Centaurus Metals (including 2 which can't be ignored) . Highlights include: Nickel mineralisation confirmed outside of current Widgie South resources including: Discovery of a broad, near surface, nickel mineralisation at Widgie Townsite. Rank Name Number held % of issued shares; 1: CITICORP NOMINEES PTY LIMITED: 92,863,924: 21 . 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 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. Power Nickel final drill results from the Fall 2022 Drill Program and initial drill results from Winter 2023." All field sample and mapping points. Please be aware of the risks associated with these stocks. Lorem ipsum dolor sit amet, consectetur adipiscing elit. useThe Company anticipates that, with the updated resource estimate and ongoing development drilling, the DFS will show a further enhancement of the already robust economics of the Jaguar Project. 85% passing 75m and split further to 250g aliquots for chemical analysis. Core is cut and core sampled and sent to accredited independent laboratory (ALS). Chip trays have been collected, photographed and stored for all drill holes to-date. ", >$1.4 billion in conditional, indicative commitments from financiers; and. The top 12 shareholders own 50% of the company Institutions own 18% of Centaurus Metals To get a sense of who is truly in control of Centaurus Metals Limited ( ASX:CTM ), it is. I wrote this article myself, and it expresses my own opinions. 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. All historical geological samples were received and prepared by SGS Geosol or ALS Laboratories as, 0.5-5.0kg samples. Glencore Q1, 2023 own sourced nickel production of 20,900 tonnes was 32% lower than Q1 2022. Highlights include: On April 24 Horizonte Minerals Plc announced: "Construction of the Araguaia Nickel Project remains on-budget and on-schedule.". Record quarterly EBITDA from operations of US$113.2M as nickel production continues to increase with Oracle ramp-up.. Nickel 28 Capital Corp. [TSXV:NKL] [GR:3JC]. I generally consider insider ownership to be a good thing. 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).
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