IN BRIEF: Cadence Minerals notes DEV selling fourth iron batch

Mon, 25th Apr 2022 19:19

Cadence Minerals PLC - London-based investment company focused on mineral resources sector - DEV Mineracao SA ships and sells the fourth batch of iron ore from stockpiles of Amapa iron ore project, made up of 48,492 wet tonnes.

First three shipments took place in the first half of last year. Around 1.2 million tonnes of iron ore is currently stockpiled in DEV's wholly-owned port.

Cadence currently owns 27% of the Amapa project.

Current stock price: 16.78 pence

12-month change: down 37%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Related Shares

More News

18 Apr 2024 14:38

Cadence Minerals submits Amapa Project environmental reports early

(Alliance News) - Cadence Minerals PLC announced on Thursday it had submitted environmental reports ahead of schedule for the licencing of its Amapa O...

11 Apr 2024 10:53

UPDATE: European Metals produces lithium hydroxide monohydrate

European Metals Holdings Ltd - Czech Republic-focused mineral exploration and development - Produces lithium hydroxide monohydrate from pregnant leach...

9 Apr 2024 16:04

TRADING UPDATES: Beowulf consolidates Vardar; GIF outpaces benchmark

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

5 Apr 2024 14:10

IN BRIEF: Cadence Minerals down 33% on discounted fundraise

Cadence Minerals PLC - investment and development company focused on energy transition minerals - Announces successful fundraise of GBP500,000 throug...

28 Mar 2024 14:27

Cadence Minerals "enthused" as increases stake in Amapa project

(Alliance News) - Cadence Minerals PLC announced on Thursday that it increased its investment in the Amapa iron ore project in Brazil.