Zeus Capital Corporate – Cadence Minerals Installation License for Azteca

Cadence reported last week the receipt of the Installation Licence from the State of Amapá Environmental Authority, Secretaria de Estado do Meio Ambiente. This installation licence allows for site mobilisation and delivery of the Azteca project in Brazil – an initial stage in the much larger Amapá project….We base our analysis off a $120/t price […]

Edison Research – Cadence Minerals: Azteca moves into execution phase

The broader Amapá project remains Cadence’s main long-term value driver. It is a fully integrated iron ore operation with established mine, rail, port and beneficiation infrastructure, a JORC-compliant resource of 276Mt at 38% Fe and a proven and probable reserve of 195.8Mt at 39.3% Fe. The updated pre-feasibility study in 2024 confirmed the potential to […]

Cadence Minerals #KDNC – CEO Kiran Morzaria talks to Alan Green

Alan Green talks to Kiran Morzaria, CEO at AIM listed Cadence Minerals #KDNC which owns a 36% stake in the Amapa iron ore project in Brazil. The Company has just received the Installation Licence from the State of Amapá Environmental Authority which authorises refurbishment, construction and installation works for the Azteca Plant and the larger […]

Cadence Minerals #KDNC – Issue of Options

Cadence Minerals (AIM: KDNC) announces the award of 21,280,000 share options (“Share Options”). Each Share Option is exercisable over one ordinary share in the capital of the Company (“the “Ordinary Shares”). The Share Options are exercisable at a price of 6 pence per share being approximately 10% premium to the closing mid-price of the Ordinary Shares on […]

Cadence Minerals #KDNC – Amapá – Installation Licence Granted

Key regulatory approval unlocks approved site works and advances fully funded Azteca restart toward production, cash flow and the broader Amapá development pathway. Cadence Minerals plc (AIM: KDNC) is pleased to announce that DEV Mineração S.A. (“DEV”), owner and operator of the Amapá Iron Ore Project in Brazil (“Amapá” or the “Project”), has received the […]

Zeus Capital – Cadence Minerals #KDNC Azteca project update

We are tantalizingly close to successful permitting at Azteca. Funding is in place and the technical team to complete the re-commissioning of the plant are on standby. Cadence is confident that commissioning could take place as early as June this year. Azteca will use its free cash flow to fund the full Amapá project through […]

Cadence Minerals #KDNC – Investor Presentation via Investor Meet Company

Cadence Minerals plc (AIM: KDNC) is pleased to announce that Chief Executive Officer, Kiran Morzaria, will provide a live investor presentation on the Company’s Amapá Iron Ore Project, titled “Azteca Progress and Update”, via the Investor Meet Company platform. The presentation will take place on 17th April 2026 at 10:00 BST and is open to all existing and potential […]

Cadence Minerals #KDNC – Amapá Project Update – Licensing and Azteca Progress

Cadence Minerals plc (AIM: KDNC) is pleased to provide an update on progress towards the grant of the Installation Licence (“LI”) for the Amapá Iron Ore Project in Brazil (“Amapá” or the “Project”), and on continuing execution readiness at the Azteca Plant (“Azteca”). Highlights Permitted early works and procurement activities continue at the Azteca Plant […]

Cadence Minerals #KDNC – Issue of shares to EBT and Total Voting Rights

Cadence announces, in keeping with similar schemes operated by AIM quoted companies, it has issued 12,000,000 new ordinary shares (the “EBT Shares“) to the Rare Earth Minerals Employee Benefit Trust (“EBT“) at a price of 1p (being par value) per new ordinary share, following a subscription by the trustee of the EBT, JTC Employer Solutions […]