Centaurus Metals

Jaguar Nickel Project Selected As Strategic Minerals Project By The Brazilian Government

Centaurus Metals (ASX Code: CTM, OTCQX Code: CTTZF) is pleased to advise that its 100%-owned Jaguar Nickel Sulphide Project in northern Brazil has been selected as a Strategic Minerals Project by the Brazilian Federal Government.


The Strategic Minerals Policy is part of the Investment Partnership Program – PPI (Programa de Parcerias deInvestimento), a new Brazil governmental initiative designed to support companies while developing their projects across the country. The PPI program supports projects that are deemed as strategic mineral projects for Brazil.

According to the Ministry of Mines and Energy, the Policy acknowledges a strategic priority dimension to the projects carefully selected by the Inter-ministerial Committee of Analysis of Strategic Minerals Projects – CTAPME, providing the titleholder with specialised governmental support for the development of their projects.

CTAPME has members from several governmental agencies, such as the Ministry of Mines and Energy, the Science, Technology, and Innovation Ministry and the Special Secretariat of Strategic Affairs of the Presidency. The goal is to join governmental and private forces towards a more effective development of the country’s strategic projects.

This governmental initiative is an important step to encourage mining projects that are significant for Brazil’s growth and to provide the companies with tailor-made assistance to navigate the steps required towards implementation and development of their ventures in an environmentally sustainable manner.

Click here for the full ASX Release

This article includes content from Centaurus Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

CTM:AU
The Conversation (0)
FPX Nickel (TSXV:FPX)

FPX Nickel


Keep reading...Show less
Nickel bars.

Nickel Price Update: Q3 2024 in Review

Nickel saw solid price momentum in the first half of the year, benefiting from investor sentiment and speculation across commodity markets that saw surge in prices for both precious and base metals.

However, price highs were short-lived as nickel supply and demand fundamentals provided pressures that saw steep declines.

Among the influences has been a supply of laterite nickel flooding the market out of Indonesia, which is a contributing factor to mine curtailments in New Caledonia, Australia, and Europe. Meanwhile, high demand for battery production in China has yet to reach levels to make up for the oversupply in the market.

Keep reading...Show less
Blackstone Minerals

Blackstone Completes Institutional Component of Entitlement Offer

Blackstone Minerals Limited (“Blackstone” or the “Company”) is pleased to announce that it has completed the institutional component (“Institutional Entitlement Offer” or “Institutional Offer”) of its partially underwritten accelerated non-renounceable pro rata entitlement offer as announced on 4 November 2024 (“Entitlement Offer” or “Offer”).

Keep reading...Show less
Blackstone Minerals

Launch of $4M Accelerated Partially Underwritten Entitlement Offer

Blackstone Minerals Limited (“Blackstone” or the “Company”) is pleased to announce that it is undertaking a partially underwritten accelerated non-renounceable pro rata entitlement offer of new fully paid ordinary shares in the Company (“Shares”) on the basis of one (1) new Share (“New Shares”) for every four (4) existing Shares held, to raise up to approximately A$4 million (before costs) (“Entitlement Offer” or “Offer”).

Keep reading...Show less
Ramp Metals (TSXV:RAMP)

Ramp Metals


Keep reading...Show less
Blackstone Minerals

Blackstone Minerals Limited (ASX: BSX) – Trading Halt (2+2)

Description

The securities of Blackstone Minerals Limited (‘BSX’) will be placed in trading halt at the request of BSX, pending it releasing an announcement regarding the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Wednesday, 6 November 2024.

Keep reading...Show less

Latest Press Releases

Related News

×