CAPITAL MARKETS

Mining Briefs: Battery, Centaurus and more

News from Battery, Centaurus, Zinc of Ireland and Metals Australia

Staff reporter

This article is 6 years old. Images might not display.

Graphite developer Battery Minerals has appointed African funding specialist ThirdWay Africa to assist with financing the Montepuez project in Mozambique.

Battery still has A$5.7 million cash and will preserve its funds while it advances through the funding process.

Centaurus Metals has confirmed "outstanding" high-grade nickel sulphide drill targets at its Jaguar project in Brazil.

Initial results from work by Southern Geoscience has confirmed a 400m-long fixed-loop electromagnetic conductor and a 600m-long EM conductor plate.

A maiden diamond drilling program will kick off at the end of October.

The former Vale project already contains a historical resource estimate of 315,000 tonnes of nickel.

Zinc of Ireland has intersected thick, high-grade zinc mineralisation outside the resource at its Kildare project in Ireland.

The hole returned 6m at 12.5% zinc and lead from 401m and 10m at 9.1% zinc and lead from 418m within a larger zone of 37m at 6% zinc and lead from 391m.

The intersection sits about 250m east of the McGregor resource and 200m southwest of the Shamrock resource.

Finally, Metals Australia has continued to hit graphite at its Lac Rainy project in Quebec, Canada.

The latest results included 30m at 8.24% graphitic carbon from 10.5m; 16.45m at 6.41% graphitic carbon from 54m; and 21.5m at 16.24% graphitic carbon from 98.5m.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.

editions

MiningNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.