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Cadence Minerals (KDNC) – Hastings Technology Metals (ASX: HAS) – Commonwealth Environmental Approval Received for Yangibana Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Hastings Technology Metals (ASX:HAS) (“Hastings”), Cadence’s joint venture partner at the Yangibana Rare Earth Project in the Gascoyne region of Western Australia (“Yangibana” “Yangibana Project”), has announced that the Yangibana Project has received Commonwealth Environmental Approval. Cadence Minerals Yangibana Holding: Cadence owns 30% of […]

China seen as stop-gap center for Vale with key iron ore port TRMT shut on COVID-19

Malaysian terminal shut since March 24 China ports to cater to Southeast Asia customers No impact expected for Brazilian miner’s 2020 sales Singapore — As China slowly comes out of lockdowns imposed earlier this year, its ports and iron ore blending facilities are being seen as viable alternatives for avoiding trade disruptions created by quarantine […]

Cadence Minerals (KDNC) – European Metals (EMH) Reaches Final Agreement with CEZ to make Significant Investment into Cinovec Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the update today from European Metals Holdings Limited (“European Metals” “EMH” or “the Company”) that it has today reached final agreement (“Final Agreement”) with CEZ Group (“CEZ”), one of Central and Eastern Europe’s largest power utilities, regarding a strategic partnership and significant investment into the […]

Cadence Minerals (KDNC) – Macarthur Minerals (TSX-V: MMS, ASX: MIO) seeks Venture Partner to further explore its nickel projects in Western Australia.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note today’s update from Macarthur Minerals (TSX-V: MMS, ASX: MIO) (“Macarthur”) on the potential for cobalt and nickel mineralisation at its Lake Giles Iron Ore Project in Western Australia, following recent rock chip sampling that coincided with the Company’s magnetite infill drilling. In 2018, a rock […]

Cadence Minerals (KDNC) – Macarthur Minerals (TSX-V: MMS, ASX: MIO) set to advance Moonshine nickel prospect with EIS co-funded drilling

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note yesterday’s update from Macarthur Minerals (TSX-V: MMS) (“Macarthur”), that it has been awarded a grant valued at $85,000 from the Western Australian Government to support drilling of a diamond drill hole at its Moonshine North Nickel Prospect, located within its Lake Giles Iron Project in […]

China iron ore extends gains on stimulus hopes, falling Brazil exports

(Reuters) – China’s iron ore futures rose on Tuesday along with other ferrous derivatives amid hopes of stimulus support for the global economy facing recession due to a coronavirus outbreak. Iron ore prices also got a boost after major supplier Brazil reported a 17.5% month-on-month decline in exports of the steelmaking raw material in February. […]

As Gold Plunges, Chinese Investors Find New Haven in Steel Rods

Bloomberg Investors in China have found an unlikely new hiding place from the chaos engulfing financial markets. The price of steel reinforcement bar, the somewhat unglamorous but ubiquitous commodity used to strengthen concrete, has risen almost 5% over the past month in Shanghai. Over the same period, gold — the traditional haven amid turmoil — […]