Cadence Minerals #KDNC – Letter of Intent to Acquire up to a 40% stake in the Pompeya and Sarzedas Tungsten, Antimony and Gold Exploration Tenements, Completion of £1 million Fundraise and Investment Updates

Cadence Minerals (AIM: KDNC) is pleased to announce that it has entered into a letter of Intent with Hesperian Metal, S.L (“Hesperian”) to invest in and acquire up to 40% two prospective tungsten, antimony, and gold exploration packages in Spain and Portugal (“LOI”). The LOI will be funded via a fully over-subscribed placing with predominantly […]

Cadence Minerals #KDNC – PFS Level Economic Study for the Amapa Iron Ore Project Increases Net Present Value to US$1.97 Billion

Cadence Minerals (AIM: KDNC), the AIM-quoted investment company, is pleased to announce an updated Pre-Feasibility Study (“PFS”) on the Amapá Iron Ore Project (“Amapá”, “Project” or “Amapá Project”), in northern Brazil. Cadence owns an equity stake of 34.6% in the Project. The updated PFS is based on the Direct Reduction grade (“DR-grade”) flow sheet announced […]

Cadence Minerals #KDNC – Amapa Iron Ore Project Confirms Ability to Produce +67% Fe High Purity, Direct Reduction Iron Concentrates

Cadence Minerals (AIM: KDNC) is pleased to announce the metallurgical test results confirming the ability to produce high-purity, Direct Reduction grade (“DR-grade”) iron concentrates at the Amapá Iron Ore Project (“Amapá” or the “Project”) in northern Brazil. Highlights: ·    DR grade concentrate produced at 67.5% Fe with total silica and alumina below 1.5%. ·    The […]

Cadence Minerals #KDNC – Interim Results for the six months ended 30 June 2024

Cadence Minerals plc (AIM/AQX: KDNC) is pleased to announce its interim results for the six months ended 30 June 2024. Despite the poor commodity and macro backdrop, our primary investment, the Amapá Iron Ore Project, has progressed well. The three targets we set for the year are either completed or scheduled to be completed by […]

Cadence Minerals #KDNC – Fundraise to raise £750,000 for further Amapa Project activities

Cadence Minerals (AIM: KDNC) announces that it has successfully raised, subject to Admission, £625,000 before expenses (the “Placing”) by the way of a placing arranged by Fortified Securities of 25,000,000 new ordinary shares (the “New Ordinary Shares”) in the capital of the Company at a price of 2.5 pence per Ordinary Share (the “Issue Price”). […]

Cadence Minerals #KDNC – Updated PFS Level Economic Study Delivers an Increased Net Present Value of US$1.145 Billion

Cadence Minerals (AIM: KDNC) is pleased to announce the results from the updated economic study, the progress on the environmental applications and the ongoing development of the 67% ‘Green Iron’ processing flow sheet at the Amapá Ore Project (“Amapá”, “Project” or “Amapá Project”). Since the end of March 2024, Cadence’s total investment in the Amapá […]

Cadence Minerals #KDNC – Further Progress at the Amapa Iron Ore Project

Cadence Minerals (AIM: KDNC) is pleased to announce an increase in the rate of progress on the environmental applications and the ongoing development of the 67% ‘Green Iron’ processing flow sheet at the Amapá Ore Project (“Amapá”, “Project” or “Amapá Project”). Highlights: Submission of the Environmental Control Plan – “PCA” (Plano de Controle Ambiental) and […]

Cadence Minerals #KDNC – European Metals Holdings #EMH – Successful production of lithium hydroxide at Cinovec

Cadence Minerals (AIM: KDNC; OTC: KDNCY) is pleased to note the announcement by European Metals Holdings Limited (“European Metals” or “EMH”) (ASX & AIM: EMH, OTCQX: EMHXY, ERPNF and EMHLF) in regard to the Cinovec Lithium Project (“Cinovec” or the “Project”). EMH has announced the successful production of lithium hydroxide monohydrate from pregnant leach solution […]