Company
Century Global Commodities Corp
TSE:CNT
Century Global Commodities Corporation is primarily a resource exploration and development company with a large portfolio of multi-billion tonne iron ore projects in Canada, mostly discovered by its own exploration team. Century also owns 100% of the Joyce Lake Direct Shipping Ore project, its most advanced project. It has other non-ferrous metals properties under exploration as well as a wellestablished food distribution business in Hong Kong (Century Food).
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Century Global Commodities wraps up fiscal 2Q with working capital of $9.9M
The amount consists of cash, bank deposits and marketable securities totaling $7.4 million, together with accounts receivables and other current assets of $5.0 million
Century Global Commodities Joyce Lake DSO project achieves environmental assessment milestone
“I look forward to the submission of the final combined Environmental Impact Statement in mid-2023…work now being done will allow accelerated progress towards EA release in early 2024,” said Century Global CEO Sandy Chim
Century Global Commodities reveals positive feasibility study results for Joyce Lake project in Labrador
“I am pleased with the feasibility study results at an initial capital cost of C$270.4 million, generating after-tax NPV of C$184.6 million and after-tax IRR of 20.01%,” Century Global Commodities CEO Sandy Chim said
Century Global Commodities reports fiscal 1Q working capital of $10.2M
The company reported working capital of $10.2 million, consisting of cash, bank deposits and marketable securities of $8.2 million, accounts receivables and other assets of $4.5 million, and current liabilities of $2.5 million.
Century Global Commodities wraps up FY22 with working capital balance of C$11.3M
The company is currently in the midst of updating a 2015 feasibility study on its Joyce Lake iron ore project and is undergoing environmental assessment
Century Global Commodities appoints former Newfoundland premier Dwight Ball to its board of directors
Sandy Chim, Century Global’s CEO, told shareholders that Ball will help oversee Century through a significant stage of development of Joyce Lake and other iron ore assets in the Labrador Trough
Century Global Commodities files its financial statements for the third fiscal quarter ended December 31, 2021
As of December 31, 2021, the company had strong working capital of $12.4 million, consisting of cash, bank deposits and marketable securities totaling $11.2 million
Century Global says its subsidiary Joyce Direct Iron will provide EIS report to Newfoundland provincial govt
JDI said that it expects to complete both the federal and provincial environmental assessment processes over the next two to three years
Century Global Commodities owns some of the largest iron ore resources in Canada
The company has iron ore resources totaling some 20 billion tonnes in multiple deposits across five projects in Quebec and Newfoundland and Labrador
Century Global Commodities wraps up fiscal 2Q with $13.3M in working capital
The resource company reported revenue of just over $2.1 million, which is in line with the corresponding quarter a year earlier
Century Global Commodities adds financial expert John Gravelle as director
Gravelle is a retired partner at PricewaterhouseCoopers, is currently a director of KP3993 Resources Inc, and was previously on the board at several mining companies, including Century Metals Inc and Brio Gold Inc
Century Global Commodities shareholders re-elect management’s candidates as directors
Shareholders voted overwhelmingly at Monday's annual general meeting to re-elect Century Global founder CEO and Chairman Sandy Chim
Century Global Commodities files its condensed consolidated interim financial statements for the first fiscal quarter ended June 30, 2021
As of June 30, 2021, the company had strong working capital of $15.2 million, consisting of cash, bank deposits and marketable securities totaling $14.2 million, together with accounts receivables and other current assets of $4.4 million, l
Century Global Commodities says Environmental Impact Statement for Joyce Lake project submitted to federal and provincial authorities
The company's special purpose vehicle, Joyce Direct Iron filed the EIS with the Impact Assessment Agency of the Canadian government and the Newfoundland and Labrador government