Cadence Minerals #KDNC – Optimisation Study Delivers Material Capital Savings at the Amapá Iron Ore Project

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to report the successful completion of its capital expenditure optimisation program at the Amapá Iron Ore Project (the “Project”, “Amapa” or “Amapá Project”). The program has identified significant savings in processing plant recommissioning and increased production. The optimisation study was conducted at a pre-feasibility level and marks […]

Stockbox interview with Cadence Minerals #KDNC CEO Kiran Morzaria

Stockbox Media spoke to Cadence Minerals #KDNC CEO Kiran Morzaria, where he discussed ongoing optimization studies aimed at reducing the capital expenditure for the plant at the Amapa Iron Ore project. Cadence Minerals has developed a new processing flow sheet that has increased the iron concentrate quality to 67%, up from previous levels. This improvement […]

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 […]

Stockbox interview with Cadence Minerals #KDNC CEO Kiran Morzaria

Stockbox caught up with Cadence CEO Kiran Morzaria from onsite the Amapa Iron Ore project.  Kiran highlighted three major achievements at the Amapá Iron Project during the year. These achievements include:   Publishing a new measured resource of 300 million tons at 38% Iron Ore (Fe) Completing a robust pre-feasibility study with a value of $949 million. Obtaining the […]

Cadence Minerals #KDNC – Sonora Lithium Investment Update – Request for treaty negotiations with Mexico

Cadence Minerals (AIM/Aquis: KDNC) advises that the Company and its subsidiary REM Mexico Limited (“REMML”) have issued a Request for Consultations and Negotiations (“Request”) to the Government of Mexico under the United Kingdom-Mexico Bilateral Investment Treaty (“BIT”). The Request concerns the purported revocation of the mining concessions for the Sonora Lithium Project (the “Project”) by […]

Cadence Minerals #KDNC – Director Share Purchases

Cadence (AIM/NEX: KDNC), the mining investment company, announces that on the 30 October 2023 the following director purchased ordinary shares in the Company.   Director Position Number of ordinary shares acquired Price paid per share (£) Kiran Morzaria Director & CEO 100,806 0.074 After this acquisition the total notifiable share interest in the Company for the […]

Cadence Minerals #KDNC – Strategic Development and Financing MOU Signed for the Amapa Iron Ore Project. Increase in Cadence Amapa Project Equity Stake

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that our joint venture company Pedra and Branca Alliance (“PBA“) and DEV Mineração S.A. (“DEV“) have entered into a memorandum of understanding (“MOU“) with Sinoma Tianjin Cement Industry Design & Research Institute Co., Ltd. a wholly owned subsidiary of Sinoma International Engineering Co., Ltd. (“TCIDR“). […]

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 […]