Cadence Minerals #KDNC – CEO Kiran Morzaria Discusses the funding for the Azteca Plant restart and near term production at Amapa
Cadence Minerals CEO Kiran Morzaria discusses Heads of Terms to fund Azteca Plant restart & near-term production at Amapá with Alan Green ✅ US$4.6m funding package will finance the restart of the Azteca Plant ✅ Azteca will be cashflow positive from the first shipment, generate a healthy margins ✅ Funding generated to be invested into […]
Cadence Minerals #KDNC Signs Heads of Terms to Fund Restart of Azteca Plant and Near-Term Production at Amapá
Cadence Minerals (AIM: KDNC) is pleased to announce that, together with its partners in the Amapá Iron Ore Project (“Amapá” or the “Project”), it has signed a Heads of Terms with an international shipping and trading group (“Offtaker”). The Offtaker, a key partner in this venture, will provide most of the funding to license, refurbish, […]
Cadence Minerals #KDNC – CEO Kiran Morzaria discusses the reduction in Amapá Mining Costs
Cadence CEO Kiran Morzaria discusses the reduction in Amapá Mining Costs with Alan Green ✅ What a near 37% saving in mining costs means for the Amapá #ironore mine and Azteca Plant ✅ Offtake financiers onsite last week ✅ Timeline for permits and recommissioning of the Azteca Plant ✅ Updates on investments in Evergreen #EG1 […]
Cadence Minerals #KDNC – Significant Mining Cost Reduction at the Amapá Iron Ore Project
Cadence Minerals (AIM: KDNC) is pleased to announce the results of a review into the mining costs of the Amapá Iron Ore Project (“Amapá”, “Project” or “Amapá Project”) in northern Brazil. The updated mining costs have materially reduced the overall Free on Board (“FOB”) and Cost and Freight (“CFR”) costs compared to those announced previously. […]
Cadence Minerals #KDNC – Amapá Operational Update from Kiran Morzaria
Cadence CEO Kiran Morzaria talks to Alan Green and discusses the recently announced development strategy to fast-track production of green iron at its Amapá iron ore mine, rail and port project in Brazil. Kiran walks through the timeline for recommissioning the Azteca Plant to first production, including the issue of permits and installation licenses. Kiran then discusses the […]
Cadence Minerals #KDNC – Accelerated Production Plan at the Amapa Mine and Subscription of £402,000
Cadence Minerals (AIM: KDNC) is pleased to provide an update on the staged development strategy underway at the Amapá Iron Ore Project (“Amapá” or the “Project”), as well as a fully subscribed placing for gross proceeds of £400,000. Highlights Staged development strategy initiated at Amapá to fast-track production with low capital intensity. Azteca Plant recommissioning, […]
Cadence Minerals #KDNC – Annual Results for the year ended 31 December 2024
Cadence Minerals (AIM: KDNC) is pleased to announce its final results for the year ending 31 December 2024. The full Annual Report and Audited Financial Statements will be available on the Company’s website at https://www.cadenceminerals.com/ and will be posted to shareholders shortly. CHAIRMAN’S STATEMENT Dear Shareholders, As we reflect on the year 2024 and the first half […]
Cadence Minerals #KDNC – Vox Markets Q&A with CEO Kiran Morzaria
More progress at Cadence Minerals’ Amapa iron ore project in Brazil. it’s a giant project, but the plan is to develop it in stages, and potentially to bring in a partner to help. Kiran Morzaria, Cadence’s chief executive joins Vox to tell us how the project sits at the moment, and what happens next.
Cadence Minerals #KDNC – Progress on Environmental Licensing and Update on Strategic Development Pathway for the Amapá Iron Ore Project
Cadence Minerals (AIM: KDNC) is pleased to provide an update on the progress made concerning the environmental permitting process and strategic development plans for its flagship Amapá Iron Ore Project in Brazil (the “Project”). Staged Development Strategy and Initial Production Plan On 3 December 2024, the Amapá Project published an updated Pre-Feasibility Study (“PFS”), which […]
Cadence Minerals #KDNC – EG1 acquires Leonora Goldfields Project, WA in transformational deal
Cadence Minerals (AIM: KDNC) is pleased to note that ASX listed Evergreen Lithium (“EG1”) (ASX: EG1) has announced the acquisition of the Leonora Goldfields Project (“LGP”), located in WA’s highly sought-after central gold district with a JORC 2012-compliant 63,000oz gold inferred resource. This marks a significant step in the Company’s objective to transform into an emerging […]