Wednesday 18 February 2015

Otmane El Rhazi : Centaurus hunts for new funding

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Metals developer Centaurus Metals was on the hunt for funding to implement a revised development strategy at its Candonga direct shipping ore (DSO) project, n Brazil, after resource financier RMB Resources abandoned ship. The ASX-listed company has now appointed Canaccord Genuity as lead manager in this hunt, the fruits of which would underpin the advancement of the Candonga DSO project and would fund exploration work at the nearby Conquista project to establish a maiden Joint Ore Reserves Committee compliant resource.

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