Cadence Minerals #KDNC – Vox Markets Elevator Pitch
Cadence Minerals #KDNC CEO, Kiran Morzaria discusses the Company’s investments including: Amapa Iron Ore Project Macarthur Minerals Lake Giles Iron Project European Metals Holdings #EMH and Cinovec Lithium project Joint Ventures: Yangibana Rare Earths project Sonora Lithium project Hard Rock Lithium assets
Cadence Minerals #KDNC – Interim Results
Cadence Minerals plc (AIM/NEX: KDNC), is pleased to announce its interim results for the six months ended 30 June 2020. The effects of the COVID-19 pandemic have been deep and fundamental. The pandemic has driven huge changes in the way we work and live the long-term effects of which are hard to predict with any […]
Cadence Minerals #KDNC – Amapá Operational Update, Placing to Raise £525,000 and Loan Note Restructuring
Cadence Minerals – Amapá Operational Update, Placing to Raise £525,000 and Loan Note Restructuring. Highlights Shipping of first iron ore is on target for late Q2 2020 / early Q3 2020 Shipment is planned via 45,000-tonne bulk carriers at a rate of 2 -3 every two months Independent surveys of these iron ore stockpiles indicate […]
Cadence Minerals #KDNC – Amapá Iron Ore Project Given Court Approval to Commence Iron Ore Shipments
Highlights In a significant development in Cadence’s Brazil’s iron ore interests: Brazil’s Commercial Court of São Paulo has ruled that DEV Mineração S.A., owner of the Amapá iron ore project (“DEV”) can commence the shipment of the iron ore stockpiles situated at DEV’s wholly-owned port in Santana, Amapá, Brazil. Independent surveys of these iron ore […]
Cadence Minerals #KDNC – Update on Investment in the Amapá Iron Ore Project, Brazil
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to provide an update on its investment in the Amapá Iron Ore Project, Brazil. The Amapá Project The Amapá Project was owned by Anglo American plc and Cliffs Natural Resources and consists of a large-scale iron ore mine, beneficiation plant, railway and private port. Before its sale […]
India’s NMDC plans sharp increase in iron ore output – Argus Media
By Prasenjit Bhattacharya India’s state-controlled NMDC plans to lift its iron ore output significantly in the 2020-21 fiscal year starting 1 April, anticipating robust sales and higher prices on the back of a supply shortage. NMDC, India’s largest iron ore producer, is planning an output of 48mn t in 2020-21. The company produced 22mn t […]
Fortescue registers record iron ore shipments – Cadence Minerals
Fortescue Metals Group has achieved a record shipment of iron ore in the December 2019 quarter with 46.4 million tonnes. This led to record shipments for the first half of the 2020 financial year with 88.6 million tonnes. Fortescue chief executive Elizabeth Gaines expects shipments at the end of the financial year to be at […]
FT – Iron ore outlook rests on Vale’s tricky rebound
Iron ore outlook rests on Vale’s tricky rebound by Neil Hume, Natural Resources Editor. Jan 16th 2020 Shareholders are revelling in bumper payouts, but prices could fade down the track. Shareholders in Rio Tinto are likely to be celebrating another bumper payout when the miner reports annual results next month. The Anglo-Australian group — along […]
Cadence Minerals (KDNC) Reinstatement of Critical Railway Concessions at the Amapá Iron Ore Project, Brazil.
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that, following the approval of the judicial restructuring plan (“JRP”) announced on August 30th 2019, along with its partners it has agreed with the State of Amapá the reinstatement of a life of mine railway concession (“Concessions”) between the Amapá iron ore mine (“Amapá” […]
Cadence Minerals #KDNC – Interim Results for the six months ended 30 June 2019
Cadence Minerals plc announces interim Results for the six months ended 30 June 2019 HIGHLIGHTS · Cadence entered into an investment agreement to acquire up to 27% of the Amapá iron ore mine, beneficiation plant, railway and private port. · Before its sale in 2012 Anglo American valued (impaired) its 70% stake in the Amapá iron […]