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Iron Ore Is On A Hot Roll – Seeking Alpha

Summary The S&P GSCI Iron Ore has been on a tear this year, up 72.47% YTD as of June 13, 2019, breaking through the previous high from May 22, 2019. Iron ore supply is concentrated in a handful of geographic regions and controlled by a small number of players, and demand is dictated by one […]

Cadence Minerals – Macarthur Minerals (TSX-V:MMS) CEO Joe Phillips updates Proactive Investors on recent preliminary economic assessment results at its Lake Giles Iron Ore Project

https://www.youtube.com/watch?time_continue=340&v=hIx0Ma4sQj0 Macarthur Minerals Limited (TSX-V:MMS) chief executive officer Joe Phillips updates Proactive Investors on recent preliminary economic assessment results at its Lake Giles Iron Ore Project in Western Australia. Phillips notes the company reduced its operational expenditure as well as overall capital costs for the project. “Over the last 10 years Macarthur has produced two […]

Iron ore hits new five-year high – Kallanish

June 12th via Kallanish Seaborne iron ore prices broke another new high on Wednesday as they extended Tuesday’s surge a little further. Supply concerns have continued to spread and iron ore has now increased by $6.69/tonne in three days. The Kallanish KORE 62% Fe index gained another $1.25/t to $104.94/dry metric ton cfr Qingdao, the highest level since […]

Cadence Minerals (KDNC) – Auroch Minerals (ASX: AOU) – Gravity Survey Provides Compelling Drill Target at Arden.

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Auroch Minerals Limited (ASX: AOU) (“Auroch”) that it has successfully completed a detailed ground-gravity survey at its Arden Project (Arden) near Port Augusta, South Australia. The survey successfully delineated an intense gravity anomaly extending over 2km at the Ragless Range prospect. […]

Cadence Minerals (KDNC) – Macarthur Minerals (TSX-V: MMS) Files Technical Report for Lake Giles Iron Ore Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) (“Macarthur”) regarding the results of the Preliminary Economic Assessment (“PEA”) undertaken by independent consultants Engenium Pty Ltd (“Engenium”) for its 100% owned Lake Giles Iron Ore Project (“the Project”) in Western Australia. The PEA was completed for […]

Cadence Minerals Plc (KDNC) – European Metals (AIM: EMH) PFS Update Confirms Potential of Low Cost Lithium Hydroxide Production at Cinovec

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the results published today by European Metals Holdings Limited (“European Metals” or “EMH”) from the successful update of the process flowsheet previously developed to enable the production of lithium hydroxide (LiOH.H2O).  This work has been completed in conjunction with test-work confirming the production of battery grade […]

Mining Journal – Iron ore price to incentivise swing production, says BMO

Current iron ore prices of US$100/tonne should be enough to spark activation of about 60 million tonnes of swing production to “balance the market”, according to BMO, with perhaps 40Mt of that coming from China. BMO director, equity research, metals & mining – international, Edward Sterck, said a restart of Vale’s stalled 30Mtpa Brucutu mine […]

Cadence Minerals #KDNC – Yangibana Rare Earth Joint Venture Partner signs Second Offtake MOU Agreement with Schaeffler AG

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce 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 Project”), has signed a Second Offtake MOU Agreement with Schaeffler AG (“Schaeffler”). Cadence owns 30% of the Yangibana North., Gossan, Hook, Kanes […]