Cadence Minerals #KDNC – Annual Results for the year ended 31 December 2025
Cadence Minerals (AIM: KDNC) is pleased to announce its final results for the year ending 31 December 2025. The full Annual Report and Audited Financial Statements will be available on the Company’s website at https://www.cadenceminerals.com/ and will be posted to shareholders shortly. Chairman’s Statement Dear Shareholders, I present the Company’s Annual Report and Audited Financial Statements for […]
Cadence Minerals #KDNC – Azteca Execution Update
Mobilisation Completed and Refurbishment Programme Remains on Schedule Cadence Minerals plc (AIM: KDNC) announces that mobilisation of the Azteca restart programme at the Amapá Iron Ore Project in Brazil has been completed and refurbishment works are underway across the principal processing, infrastructure and electrical workstreams. Execution activities are progressing on schedule against the current refurbishment […]
Cadence Minerals #KDNC CEO Kiran Morzaria discusses the grant of Amapa’s preliminary environmental license agreement with Alan Green
Cadence CEO Kiran Morzaria discusses the grant of the preliminary environmental license agreement at the Amapa iron ore project in Brazil. We look at how events at Amapa have accelerated over the past few months and the significance of the LP issue for both Azteca and the wider Amapa project. Kiran discusses the likely timeframe for […]
Cadence Minerals #KDNC – Grant of Preliminary Environmental Licence – Amapá Iron Ore Project
Cadence Minerals plc (AIM: KDNC) (“Cadence” or the “Company”) is pleased to announce that the State of Amapá environmental authority, the Secretaria de Estado do Meio Ambiente (“SEMA/AP”), has granted a Licença Prévia (“LP”) for the Amapá mine in Brazil (the “Project”). Highlights Major regulatory milestone achieved with the grant of Preliminary Environmental Licence (“LP”) […]
Cadence Minerals #KDNC – CEO Kiran Morzaria discusses the Execution of the Binding Offtake Agreement
Cadence CEO Kiran Morzaria discusses the execution of the binding agreement for the US$4.6m funding package to finance the restart of the Azteca Plant at the Amapa iron ore project in Brazil. Kiran talks through the sequence of events required over the coming months to bring Azteca into first production and looks at the recent […]
Cadence Minerals #KDNC Zeus Broker Note – 21.8p/share fair value
Zeus view: Positive step to make Cadence a cash-generating producer Provides proof of concept and significantly de-risks Amapá Supports DFS funding from internal cash, avoiding further dilution. Retain 21.8p/share fair value – today’s market cap still undervalues the project. A milestone for Cadence – the Azteca restart could be the catalyst for re-rating
Cadence Minerals #KDNC – CEO Kiran Morzaria Discusses the funding for the Azteca Plant restart and near term production at Amapa
Cadence Minerals CEO Kiran Morzaria discusses Heads of Terms to fund Azteca Plant restart & near-term production at Amapá with Alan Green ✅ US$4.6m funding package will finance the restart of the Azteca Plant ✅ Azteca will be cashflow positive from the first shipment, generate a healthy margins ✅ Funding generated to be invested into […]
Cadence Minerals #KDNC Signs Heads of Terms to Fund Restart of Azteca Plant and Near-Term Production at Amapá
Cadence Minerals (AIM: KDNC) is pleased to announce that, together with its partners in the Amapá Iron Ore Project (“Amapá” or the “Project”), it has signed a Heads of Terms with an international shipping and trading group (“Offtaker”). The Offtaker, a key partner in this venture, will provide most of the funding to license, refurbish, […]
Cadence Minerals #KDNC – CEO Kiran Morzaria discusses the reduction in Amapá Mining Costs
Cadence CEO Kiran Morzaria discusses the reduction in Amapá Mining Costs with Alan Green ✅ What a near 37% saving in mining costs means for the Amapá #ironore mine and Azteca Plant ✅ Offtake financiers onsite last week ✅ Timeline for permits and recommissioning of the Azteca Plant ✅ Updates on investments in Evergreen #EG1 […]
Cadence Minerals #KDNC – Amapá Operational Update from Kiran Morzaria
Cadence CEO Kiran Morzaria talks to Alan Green and discusses the recently announced development strategy to fast-track production of green iron at its Amapá iron ore mine, rail and port project in Brazil. Kiran walks through the timeline for recommissioning the Azteca Plant to first production, including the issue of permits and installation licenses. Kiran then discusses the […]