04
Jan
12:14
Cadence Minerals advances Amapá iron ore project
UK-based Cadence Minerals (CM) has announced the completion of a positive pre-feasibility study (PFS) on its Amapá iron ore project in Brazil, Kallanish learns from the company.
The UK firm holds a 30% equity interest in the project, while the remaining 70% share in joint venture Pedra Branca Alliance, which owns 100% of DEV Mineração, is held by Singapore-based commodities group Indo Sino. CM has a first right of refusal to increase its inter…
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