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Last A$0.01 AUD
Change Today +0.001 / 10.00%
Volume 319.5K
CTM On Other Exchanges
As of 8:53 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

centaurus metals ltd (CTM) Snapshot

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52 Week High
08/27/14 - A$0.14
52 Week Low
04/23/15 - A$0.01
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centaurus metals ltd (CTM) Details

Centaurus Metals Limited, an iron ore company, engages in the exploration activities for iron ore mineral resources primarily in Brazil. Its principal project includes the Jambreiro iron ore project located in the State of Minas Gerais, Brazil. The company was formerly known as Glengarry Resources Limited and changed its name to Centaurus Metals Limited in April 2010, as a result of its merger with Centaurus Resources Limited. Centaurus Metals Limited is based in West Perth, Australia.

centaurus metals ltd (CTM) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$400.0K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$325.0K
Compensation as of Fiscal Year 2013.

centaurus metals ltd (CTM) Key Developments

Centaurus Metals Limited, Annual General Meeting, May 26, 2015

Centaurus Metals Limited, Annual General Meeting, May 26, 2015.

Centaurus Metals Limited Auditor Raises 'Going Concern' Doubt

Centaurus Metals Limited filed its Annual on Mar 25, 2015 for the period ending Dec 31, 2014. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Centaurus Metals Limited Completes Positive Feasibility Study on its Projects

Centaurus Metals Limited announced that the positive feasibility study completed confirming the viability of Candonga as a low capital (AUD 3.6 million) and low operating cash cost (AUD 12.5 per tonne of product) project. Maiden JORC 2012 Proved and Probable DSO Ore Reserve estimate completed for the main Coruja Deposit at Candonga of 1.2Mt at an average grade of 60.5% Fe. Ore Reserves will produce 0.9Mt of high grade (+63%), low impurity lump, hematitinha and sinter feed products. Ore Reserve is sufficient for 3 years of operations at the planned 300,000tpa production rate with a life-of-mine strip ratio of 0.6:1. Positive extensional drilling completed at the Coruja Deposit, with results including 22.8m grading 63.8% Fe and 14.9m grading 65.8% Fe. These will be included in subsequent resource updates to support more detailed mine planning. Encouraging results received from initial drilling at the Aguia target, 750m to the south-east of Candonga, with results including 20.7m grading 46.5% Fe and 13.3m of 48.8% Fe, supporting the potential that this area could host another small high-grade zone of DSO mineralisation.


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