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 […]

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 Plc (KDNC) Approval of Judicial Restructuring Plan Paves the way for the Restart of the Amapá Iron Ore Project

Cadence Minerals (AIM/NEX: KDNC) is pleased to announce that the judicial restructuring plan (“JRP”) submitted to the commercial court of São Paulo to recover and restart operations at the Amapá iron ore project, was approved by over 90% of the credit value at the JRP meeting held in São Paulo and Macapá, Brazil and was […]

Cadence Minerals #KDNC – Binding Investment to Acquire Interest in former Anglo American Iron Ore Mine, Amapá, NE Brazil

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that further to its announcement on the 21 May 2019  it has entered into a binding investment agreement (“the  Agreement”) with Indo Sino Pte. Ltd. (“Indo Sino”) to invest in and acquire up to a 27% interest in the former Anglo American plc (“Anglo American”) […]

Cadence Minerals #KDNC announces Heads of Terms to Acquire Interest in former Anglo American Iron Ore Mine, Amapá, NE Brazil

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that it has entered into a non-binding Heads of Terms (“HOT”) with IndoSino Pte Ltd. (“IndoSino”) to invest in and acquire up to a 27% interest in the former Anglo American plc (“Anglo American”) and Cliffs Natural Resources (“Cliffs”) Amapá iron ore mine, beneficiation plant, […]