Cadence Minerals #KDNC – Positive Operational Progress at the Amapa Iron Ore Project
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S.A (“DEV”) has already delivered positive operational progress in the redevelopment of the Amapa Iron Ore Project (“Amapa”). Highlights: Pre Feasibility Studies (“PFS”) have commenced on the rehabilitation of; The beneficiation and processing plant; The railway and associated infrastructure between Pedra Branca […]
Cadence Minerals #KDNC – Approval of the Shipment of a further net US$10 million of Iron Ore from the Amapa Project.
Cadence Minerals AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S.A (“DEV”) has been permitted to export a further US$10 million (after the deductions of all logistical, regulatory, shipping and sale costs) of iron ore from its stockpiles situated at its port in Santana, Amapa, Brazil (“Second Permission”). This authority is in […]
Cadence Minerals #KDNC – Second Iron Ore Shipment & Operational Update from the Amapa Project
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an operational update on the Amapa, Iron Ore Project, Brazil (“Amapa Project”). Highlights: Shipping continues at pace – DEV Mineração S.A. (“DEV”) has shipped and sold the second batch of iron ore from the stockpiles. The loading of the 48,670 wet tonnes of iron […]
Cadence Minerals #KDNC – First Amapa Iron Ore Shipment Completed and En Route
Further to the announcement made on the 29 March, Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S.A’s (“DEV”) has completed the sale and shipment of the first Iron Ore from the Amapa Iron Ore Project since 2015. Loading of the ship was completed on the 30 March and she […]
Cadence Minerals #KDNC – Inaugural Shipment of Iron Ore from the Amapa Iron Ore Project, Brazil
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S.A’s (“DEV”) has commenced the shipment of the iron ore stockpiles from Santana, Amapa, Brazil. This shipment was approved via a court petition (details of which can be found here) and represents the first shipment of Iron Ore from this asset since […]
Cadence Minerals #KDNC – Vox Markets Elevator Pitch
Cadence Minerals #KDNC CEO, Kiran Morzaria discusses the Company’s investments including: Amapa Iron Ore Project Macarthur Minerals Lake Giles Iron Project European Metals Holdings #EMH and Cinovec Lithium project Joint Ventures: Yangibana Rare Earths project Sonora Lithium project Hard Rock Lithium assets
Cadence Minerals #KDNC – Update on the Amapa Iron Ore Stockpile Shipment
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapa Iron Ore Project (“Amapa Project”), Brazil. Further to Cadence’s announcement on the 10 February 2021, we can confirm that the court ruling has been published and therefore it is now effective. DEV Mineração S.A’s (“DEV”) can […]
Cadence Minerals #KDNC – Update on Amapa Iron Ore Project Creditor Agreement & Court Petition to Commence Iron Ore Shipments
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapa Iron Ore Project (“Amapa Project”), Brazil. Settlement of Bank Creditors In early September 2020, we announced that DEV Mineração S.A’s (“DEV”), Cadence and Indo Sino Pty Ltd (“the Investors”) agreed in principle to the settlement terms proposed […]
Cadence Minerals #KDNC Raises £90,504 Following Warrant Exercise & Converts $0.37m of Loan Note Into Shares
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY), announce that, it has received warrant exercise notices to subscribe for 361,111 new ordinary shares in the Company at an exercise price of 9 pence per share and 527,309 new ordinary shares in the Company at an exercise price of 11 pence per share. Subscription monies of £90,504 have […]
Cadence Minerals #KDNC – Directors Talk Interview with CEO Kiran Morzaria
Cadence CEO Kiran Morzaria joins Directors Talk to discuss the latest developments across the group projects, specifically focusing on the group’s flagship Amapa Iron Ore Project. Kiran provides an overview of the company, and explains the project strategy, shipping of the existing iron ore stockpile, and the final project step that will see Cadence acquire […]