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IN BRIEF: Cadence Minerals Notes Capex Forecasts At Yagibana Lowered

Wed, 29th Jul 2020 17:14

Cadence Minerals PLC - mineral resources investment company and 30% stakeholder at Yangibana project, Australia - Notes joint-venture partner at Yangibana, Hastings Technology Metals, updated capital expenditure requirements at rare earth project. Total capex nudged down by 13% to AUD449 million, about GBP248.1 million, from AUD517 million.

Current stock price: 10.18 pence

Year-to-date change: up 51%

By Eric Cunha; ericcunha@alliancenews.com

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