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 – 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 Green iron champion – Edison Research

Cadence is advancing the past-producing, integrated Amapá iron ore project in Brazil, where it has so far earned a 35.7% interest. The project was brought through a PFS and has recently been granted a preliminary environmental licence. It is expected to deliver a premium direct reduction (DR) grade pellet feed concentrate aimed at the fast-growing […]

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 – Funding Secured for Cadence’s participation in Azteca Plant Offtake via Equity Subscription of £2.16m; Directors Subscription of £0.18m & Retail Offer to raise up to £0.2m

Cadence Minerals (AIM: KDNC) is pleased to announce that it has successfully raised its portion of the capital required to fund the restart of the Azteca Plant in Brazil. Cadence has received subscriptions to raise £2.16 million through the issue of 72,000,000 new ordinary shares of 1 pence each in the Company (“Ordinary Shares”) at […]

Cadence Minerals #KDNC – Interim Results for the six months ended 30 June 2025

Cadence Minerals plc (AIM:KDNC) is pleased to announce its interim results for the six months ended 30 June 2025. Highlights ·      Robust economics confirmed: Updated Pre-Feasibility Study (December 2024) delivered a post-tax NPV of US$1.97 billion, a 42% IRR, and forecast average free cash flow of US$342 million per year over a 15-year mine life. […]

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