Centaurus Metals Limited
Centaurus Metals' near-term flagship is the 100%-owned Jaguar Nickel-Cobalt Sulphide Project in Para state, Brazil, where a July 2024 Feasibility Study outlined an 18-year open-pit mine producing ~18,700 tonnes/year of nickel (maiden JORC Ore Reserve of 63Mt @ 0.73% Ni for 459,200t contained nickel). A 5-year, ~US$450M nickel-concentrate offtake with Glencore (signed March 2026, first shipment 2029, feeding Glencore's Sudbury smelter) underpins project financing, with Centaurus targeting a Final Investment Decision by September 30, 2026 and first concentrate by January 2029; major permits (mining lease, environmental approvals, power-line approval) are already secured. Beyond Jaguar, Centaurus also holds real, separate copper-gold IOCG (Iron Oxide Copper Gold) exploration ground in the same Carajas Mineral Province -- the Boi Novo, Rio Novo, Salobo West, and Pebas Copper-Gold Projects -- a genuine second commodity exposure distinct from its nickel-focused near-term production case.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 8/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Managing Director and Chief Executive Officer of Centaurus Metals Limited. (B.Bus, FCA, AGIA, ACS, MAICD) Chartered Accountant with 25+ years in the mining industry as a senior finance and resources executive, with extensive involvement financing resource projects from both debt and equity perspectives; 15+ years operating in Brazil. Also a non-executive director of Ordell Mineral Limited.
Executive Director of Centaurus Metals Limited, based in the company's Brazil office; joined Centaurus in 2011. (M.Sc., PMP) Specialist in stakeholder relations and regulatory approval, particularly environmental matters, health and safety, and human resources; formerly Environmental Coordinator of the S11D Iron Ore Project in the Carajas Iron Ore Operations, and previously with Brandt Meio Ambiente and Golder Associates.
Chief Financial Officer and Company Secretary of Centaurus Metals Limited. (B.Bus, CPA, MAICD) Certified Practicing Accountant with 30+ years in the resources sector, including CFO and Interim CEO of mineral sands producer MZI Resources Ltd; previously held senior roles with Murchison Metals Ltd and Burrup Fertilisers Pty Ltd across iron ore, gold, base metals and mineral sands.
General Manager - Exploration & Growth of Centaurus Metals Limited, having joined the company in 2010 as Exploration Manager. (B.Sc Geology, MAusIMM) Geologist with 20+ years in exploration and mining; previously Manager of Technical Services at Mirabela Nickel Ltd in Brazil and gold exploration roles in the Yilgarn with Normandy and Homestake. Lived in Brazil for 11 years and is fluent in Portuguese.
General Manager - Operations of Centaurus Metals Limited, currently leading the team undertaking the Definitive Feasibility Study on the Jaguar Nickel Project. (BEng Mining, MAusIMM, MAICD, WA First Class Mine Manager's Certificate) Mining engineer with 30+ years' experience; previously General Manager - Major Projects with Wiluna Mining Corporation, Senior Vice President - Operations with Endeavour Mining Corporation, and General Manager - Operations with Gold Road Resources.
Project Director of Centaurus Metals Limited. Qualified mining engineer with 25+ years delivering major projects across Brazil; previously Project Director at Ero Copper, where he led development of the Tucuma Copper Mine and its 4Mtpa processing plant in the Carajas Mineral Province, and most recently Project Director for Equinox Gold's Brazilian operations. Has also held key positions with OZ Minerals and Anglo American.
Finance Manager - Brazil for Centaurus Metals Limited. Certified Accountant with 25+ years' experience, fifteen of them in the mining and manufacturing sectors across nickel, lime, gold and diamonds; most recently Finance Director and board member at Lipari Diamonds, operator of the first kimberlite diamond mine in South America.
Exploration Manager of Centaurus Metals Limited, overseeing the exploration team and on-site activities at the Jaguar Nickel Project; joined Centaurus in August 2011. (B.Sc Geology, MBA, MAusIMM) Brazilian geologist with 15+ years in mineral exploration, previously with Troy Resources and Carpathian Gold; bilingual in Portuguese and English and based in Tucuma, Para.
Legal and Commercial Manager of Centaurus Metals Limited. Commercial lawyer with 10+ years in contractual, commercial and natural resources law, having worked with several global resource companies operating in Brazil; previously acted as external counsel to Centaurus, advising through the negotiations to acquire the Jaguar Project.
Principal Metallurgist of Centaurus Metals Limited. (BEng, MAusIMM) Considerable experience managing metallurgical test-work programs and process flow sheet development, including almost ten years with Sandfire Resources NL as Senior Project/Process Engineer and then Principal Metallurgist; previously Project Superintendent at Mirabela Nickel's Santa Rita Project in Brazil.
Principal Geoscientist of Centaurus Metals Limited, known as Grant "Rocky" Osborne. (B.AppSc Geology, MAusIMM, MAIG, FSEG) 40+ years in international mineral exploration and underground mining with particular expertise in nickel and gold; responsible for the 1985 discovery of the Rocky's Reward nickel mine in Western Australia while at BP Minerals, and later headed the WMC Brazil teams that discovered the Boa Vista nickel deposit and Sertao gold mines.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked and nothing current holds up. The only named holder on file is a 0.03% U.S. Global Investors Global Resources Fund position dated December 2020 -- immaterial and nearly six years stale. The one genuinely substantial specialist, Regal Partners, ceased to be a substantial holder after staged sales in June and July 2026. No producer or strategic corporate holder is disclosed on the Jaguar nickel project, and no insider trading feed is available for this ASX listing. An honest negative finding rather than a data gap.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
July 2024 Feasibility Study: post-tax NPV8 of US$663M and 31% IRR, pre-production capex of US$371M (2.7-year payback), first-quartile life-of-mine C1 cash cost of US$2.30/lb Ni and AISC of US$3.57/lb Ni. Costs are nickel-priced ($/lb Ni), so the site's oz-based AISC/NAV-gold-price fields don't apply here and are left unset rather than force-converted.
Centaurus Metals' Feasibility Study for the 100%-owned Jaguar Nickel-Cobalt Sulphide Project in Para State, Brazil (announced 2 Jul 2024) outlines an open-pit operation over an initial 18-year mine life, feeding a 3.4Mtpa conventional flotation plant to produce ~18,700t/yr of recovered nickel. Post-tax NPV8 of US$663M and IRR of 31%, on US$371M of pre-production capital with a 2.7-year payback and US$3.1B of post-tax operating cash flow over the life of mine. First-quartile costs: C1 of US$2.30/lb Ni and AISC of ~US$3.47/lb Ni. Maiden JORC Ore Reserve of 63Mt @ 0.73% Ni for 459,200t of contained nickel.