Edison Research – Cadence Minerals: Azteca moves into execution phase
The broader Amapá project remains Cadence’s main long-term value driver. It is a fully integrated iron ore operation with established mine, rail, port and beneficiation infrastructure, a JORC-compliant resource of 276Mt at 38% Fe and a proven and probable reserve of 195.8Mt at 39.3% Fe. The updated pre-feasibility study in 2024 confirmed the potential to […]
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 #KDNC – Amapá Project Update – Azteca Plant Progress and Licensing Update
Detailed engineering completed and execution package now in place at Azteca, with early works due to commence in March as key Installation Licence workstreams continue to advance. Cadence Minerals plc (AIM: KDNC) is pleased to provide an update on progress at the Azteca Plant within the Amapá Iron Ore Project in Brazil (“Amapá” or the […]
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 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 – Amapá Project Update and Technical Visit Relating to the Amapá Iron Ore Project
Cadence Minerals Plc (“Cadence” or the “Company”) confirms that, together with its joint-venture partner DEV (“PBA”), it is hosting a technical visit by Wandenberg Pitaluga Filho, President of the Economic Development Agency of Amapá, Brazil. The visit provides an opportunity to outline the development pathway for the 5.5 Mtpa integrated DR-grade iron ore operation, including […]
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 […]