Centaurus looks for way out of iron ore

Australia-listed developer Centaurus Metals has provided a stark example of just how negative the market sentiment towards iron ore is, admitting it cannot raise just A$2.7 million (US$2.1 million) to build a project able to make good money even at today’s low prices.

21 April 2015
comments
share

As a result of its predicament and the fact iron ore prices remain around the US$50/t mark, the company has decided to look outside of Brazil’s iron ore space for an avenue it can profitably pursue.

Be everywhere in mining

Dig even deeper with a premium subscription for access to annual reports from the Mining Journal Intelligence department.

Digital access from £1

£1 for the first month,
followed by monthly installments of £115

SUBSCRIBE NOW

Online access to Mining-Journal.com with dedicated coverage across all key mining sectors
Daily morning, global, and Americas focused newsletters
The industry's most insightful investment columns
Exclusive interviews and reports from all key industry events
Comprehensive site visit reports from the most exciting mining projects
Independent company/project reports
Market-leading insights into the technology and services investment spaces
Data-rich country and state reports providing a snapshot of a regions' investment appeal

view all subscription options

Best value

Premium Print and Digital subscription

3 Users: £75 *per user, per month

SUBSCRIBE NOW

All the benefits of an online subscription plus:
The latest print edition delivered to your door every fortnight
5 annual reports (valued at £595 each) produced by Mining Journal's Intelligence division, and focusing on the most relevant discussion points in the mining sector:
- World Risk Report
- Global Finance Report
- Global Leadership Report
- Global METS Report
- Project and Pipelines Handbook
All the above accessible in digital and print, with a total value equivalent to £4,120.