Cadence Minerals #KDNC – Shares Magazine Investor Evening Presentation

Following a recent management trip to the Company’s flagship Amapa Iron Ore project in Brazil, Cadence CEO Kiran Morzaria presents the latest developments at the Shares Magazine Investor evening event in London. In addition to covering the last developments at Amapa, Kiran also covers the Cadence investment portfolio, including holdings in European Metals Holdings (AIM: […]

Cadence Minerals #KDNC – Licensing & Construction Timeline for Amapa Iron Ore Project

Cadence CEO Kiran Morzaria talks to Mark Fairbairn at Stockbox and covers the latest update re the timelines for obtaining essential licenses for the Amapa iron ore project in Brazil. Kiran explains how the timelines have been significantly shortened 12 to 16 months, a marked improvement from the typical 36-month process. Following the installation license […]

Cadence Minerals #KDNC – Amapá Iron Ore Project Update

Cadence Minerals (AIM/AQX: KDNC; OTC: KDNCY) is pleased to provide a progress update for its flagship Amapá Iron Ore Project (“Amapá Project”), including an expedited operational licensing and re-rating of our tailings storage facility.  Highlights: ·     The expected licensing timeline for the mine, railway and port at the Amapá Project team has been shortened to12 […]

Edison Research Note: Cadence Minerals #KDNC – A mispriced miner?

Cadence Minerals #KDNC is a mining-focused investment company with unlisted investment assets that the market appears to be clearly mis-pricing. Its portfolio of public equities accounts for £10.2m of its £12.7m market cap, leaving an implied combined value of £2.5m for its 30% stake in the Amapá #ironore project and its minority stake in the […]

Cadence Minerals #KDNC – Amapa Project Update & Loan Financing

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce an update on the Amapá Iron Ore Project (“Amapá”) and the completion of a Mezzanine Loan Facility (“Loan Facility”), which will be applied to the Amapá project.  Highlights Ø Savings of approximately US$28 million were identified on port refurbishment costs at Amapá. Ø Cadence has […]

Cadence Minerals #KDNC – Corporate Update

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on the progress of three of its investments. The latest presentation is available on our website. Hastings Technology Metals (ASX: HAS) (“Hastings”) On 25 January 2023, Cadence completed the sale of its 30% stake in several mineral concessions forming part of the Yangibana […]

Cadence Minerals #KDNC – Listing of Evergreen Lithium on the Australian Stock Exchange

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that Evergreen Lithium Limited (“Evergreen”) has filed its admission Prospectus with Australian Securities & Investments Commission and the Australian Stock Exchange (“ASX”). Cadence owns approximately 15.8 million Evergreen shares which are anticipated to represent 8.7% of the issued share capital of Evergreen on admission. Evergreen’s […]

Cadence Minerals #KDNC – Corporate Update

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on the progress of three of its investments. Amapá Iron Ore Project Cadence is pleased to report that the pre-feasibility study for the Amapá Iron Ore Project has now been completed, and an announcement is expected to be released early in the New […]

Cadence Minerals #KDNC – Investment Update

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to update shareholders on the progress of its principal investments. Highlights: Completion of Amapa Ore Reserve Estimate supports planned 15-year mine life Cadence increases Amapa stake to 30% through conversion of loans, capitalisation of management, consultancy, admin and cash investment. No additional capital raising required. European Metals […]

Cadence Minerals #KDNC – Interview with Kiran Morzaria direct from Santana, Brazil

Alan Green talks to Cadence CEO Kiran Morzaria direct from Santana Port, Brazil. Today, Cadence has announced a substantial upgrade in total Measured, Indicated and Inferred Mineral Resources, to 276.24 Million Tonnes at a grading of 38.33% Fe at the Amapa iron ore project. Valued by former owner Anglo American at $600m in 2012, an investment […]