Currently viewing Global edition

Centaurus hoping for Aurora copper lightshow

ASX-listed Centaurus Metals has signed a deal with private equity group Terrativa Minerais (TM) to gain full control of a copper project in north-east Brazil that Vale previously owned.

Centaurus hoping for Aurora copper lightshow Centaurus hoping for Aurora copper lightshow Centaurus hoping for Aurora copper lightshow Centaurus hoping for Aurora copper lightshow Centaurus hoping for Aurora copper lightshow

A core asset … Centaurus is hoping to uncover a viable copper project at the early-stage Aurora asset

The company also managed to raise A$550,000 (US$395,000) through a private placement with shareholders and TM’s president to give it the funds needed to start exploration on its newest asset.