Cadence Minerals #KDNC – Progress at the Amapá Iron Ore Project and Corporate Update

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on the developments at the Company’s flagship Amapá Iron Ore Project in Brazil (“Amapá Project”), with updates also provided on our other investments. Highlights:  Optimisation studies to reduce Amapá plant capital expenditure are nearing completion. An additional processing flow sheet is being developed […]

Cadence Minerals #KDNC – Hastings Technology Metals & Estonian Government to Jointly Evaluate Downstream Processing Opportunities

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement by Hastings Technology Metals (ASX: HAS) (“Hastings”) that it has signed a non-binding Memorandum of Understanding (“MoU”) with the Estonian Government’s investment agency, Ettevotluse ja Innovatsiooni Sihtasutus (“EIS”) to collaborate on a joint scoping study into the potential development of downstream rare earth […]

Cadence Minerals #KDNC – Corporate Update – Hastings Technology Metals

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement by Hastings Technology Metals (ASX: HAS) (“Hastings”) regarding the project financing process for the Yangibana Rare Earths Project (“Yangibana Project”). Hastings has agreed an at-the-market equity financing facility for up to $50 million with Alpha Investment Partners (“AIP”). Highlights: At-the-Market equity financing facility […]

Cadence Minerals #KDNC – Interim Results for the Six Months Ended 30 June 2023

Cadence Minerals plc (AIM/AQX: KDNC) is pleased to announce its interim results for the six months ended 30 June 2023. HIGHLIGHTS Amapá Pre-Feasibility Study (“PFS”) completed. The study established that the Amapá mine has potential to deliver a robust 5.28 Mtpa (dry) iron ore operation & excellent cash flow including a post-tax NPV of US$949 […]

Cadence Minerals #KDNC – Shares Magazine Investor Evening Presentation

Following a recent management trip to the Company’s flagship Amapa Iron Ore project in Brazil, Cadence CEO Kiran Morzaria presents the latest developments at the Shares Magazine Investor evening event in London. In addition to covering the last developments at Amapa, Kiran also covers the Cadence investment portfolio, including holdings in European Metals Holdings (AIM: […]

Cadence Minerals #KDNC – Corporate Update – Hastings Technology Metals

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement by Hastings Technology Metals (ASX: HAS) (“Hastings”) and thyssenkrupp Materials Trading (“TMT”) to expand the terms of the offtake contract signed in April 2021 to align with Stage 1 development for the Yangibana Rare Earths Project. Hastings has agreed with TMT to include […]

Cadence Minerals #KDNC – Corporate Update, Hastings Technology Metals

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement by Hastings Technology Metals (ASX: HAS) (“Hastings”) that it has executed the Engineering, Procurement and Construction (EPC) contract with West Australian company GR Engineering Services Limited (“GRES”) (ASX: GNG) for delivery of the Yangibana beneficiation plant and associated infrastructure. The contract has no […]

Cadence Minerals #KDNC June 2023 – CEO Kiran Morzaria talks to Alan Green

Cadence CEO Kiran Morzaria talks to Alan Green and discusses the $2m funding package announced last week, which has raised a few questions from investors. Kiran explains the finance structure, the progress the money is expected to deliver for Amapa and also discusses markets and the current share price. We then discuss the shipping of […]

Cadence Minerals #KDNC – Corporate Update – Hastings Technology Metals

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement by Hastings Technology Metals (ASX: HAS) (“Hastings”) that it has introduced a staged development strategy to reduce delivery risk and enable faster pathway to cash flow for the Yangibana Rare Earths Project. Highlights: Results of the project capital and delivery model review support […]