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Cadence Minerals #KDNC – Director Share Purchases

Cadence (AIM:KDNC), the mining investment company, announces that on the 5 November the following directors purchased ordinary shares in the Company.  Director Position Number of ordinary shares acquired Price paid per share (£) Adrian Fairbourn Non-Executive Director 185,000 0.13 After these acquisitions, the total notifiable share interest in the Company for the directors is as […]

Cadence Minerals #KDNC – Director Share Purchases

Cadence (AIM:KDNC), the mining investment company, announces that on the 3 November the following directors purchased ordinary shares in the Company. Director Position Number of ordinary shares acquired Price paid per share (£) Kiran Morzaria Director & CEO 247,688 0.12 Donald Strang Finance Director 212,000 0.12 Adrian Fairbourn Non-Executive Director 50,000 0.12 In addition to […]

Cadence Minerals #KDNC – Employee Benefit Trust and Share Incentive Plan

On 11 September 2014, the Company established a share incentive plan (“SIP”). The purpose of the SIP was to reward and incentivise officers, employees and consultants of the Company and any investee companies or subsidiaries by the award of ordinary shares in the capital of the Company (“Ordinary Shares”) at nil cost. To implement the […]

Cadence Minerals #KDNC – Updated Mineral Resource Estimate for the Amapa Iron Ore Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce the completion of the update of the Mineral Resource Estimate (“MRE”) in respect of its investment in the Amapá Iron Ore Project Brazil. Highlights: ·    Mineral Resource of 176.7 million tonnes (“Mt”) grading 39.7% Fe in the Indicated category, reported within an optimised pit shell and using […]

Iron ore exports from Brazil hit highest level since 2015 – Mining.com

Brazilian iron ore exports increased 18.5% in September compared to the same period last year, to 37.86 million tonnes, after Vale increased the pace of production.  The volume shipped last month is the biggest since December 2015, when Brazil exported a monthly record of 39.5 million tonnes, according to the Ministry of Industry, Foreign Trade […]