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Mining Journal – Iron ore price to incentivise swing production, says BMO

Current iron ore prices of US$100/tonne should be enough to spark activation of about 60 million tonnes of swing production to “balance the market”, according to BMO, with perhaps 40Mt of that coming from China. BMO director, equity research, metals & mining – international, Edward Sterck, said a restart of Vale’s stalled 30Mtpa Brucutu mine […]

Cadence Minerals #KDNC – Yangibana Rare Earth Joint Venture Partner signs Second Offtake MOU Agreement with Schaeffler AG

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce Hastings Technology Metals (ASX:HAS) (“Hastings”), Cadence’s joint venture partner at the Yangibana Rare Earth Project in the Gascoyne region of Western Australia (“Yangibana Project”), has signed a Second Offtake MOU Agreement with Schaeffler AG (“Schaeffler”). Cadence owns 30% of the Yangibana North., Gossan, Hook, Kanes […]

The Age: Even if it all turns sour, 2019 is already a vintage year for iron ore

The Age 30th May 2019 On Tuesday the market watched in awe as the iron ore price was elevated to eye watering levels of $US108. By Wednesday, fresh speculation over marginal additions to supply caused the Chinese iron ore futures to wobble – the price dropped 2.3 per cent. When a commodity has soared to a five-year […]

Cadence Minerals #KDNC – Bacanora Lithium #BCN Feasibility Study Estimates €428m NPV and 27.4% IRR for Zinnwald Lithium Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today by Bacanora Lithium (AIM:BCN) (“Bacanora”) regarding the results of the NI 43-101 Feasibility Study (‘FS’) for the Zinnwald Lithium Project in Germany (‘Zinnwald’ or ‘the Project’) which confirm the positive economics and favourable operating costs for the production of 5,112 tonnes per […]

Business Insider: Iron ore futures hit record highs as Chinese inventories slide again

By Business Insider Chinese iron ore futures have surged to fresh record highs on Monday. Prices for major iron ore grades closed at or near multi-year highs on Friday. The Commonwealth Bank now expects prices will stay higher for longer than it previously forecast, describing the recent decline in Chinese iron ore port inventories as […]

Cadence Minerals (KDNC) Results for the year ended 31 December 2018

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce its final results for the year ended 31 December 2018. A copy of full results will be made available on the Company’s website from today at https://www.cadenceminerals.com/ CHAIRMAN’S STATEMENT For the year ended 31 December 2018 The year for Cadence can be characterized by consolidation and […]

Cadence Minerals #KDNC – Auroch Minerals (ASX: AOU) to acquire High-Grade Western Australian Nickel Projects.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Auroch Minerals Limited (ASX: AOU) (“Auroch”) that it has entered into a binding agreement with Minotaur Exploration Pty Ltd (ASX:MEP) (“Minotaur”) to acquire 100% of the tenements known as the Saints Nickel Project (“Saints”) and the Leinster Nickel Project (“Leinster”). Highlights: […]