The Amapá iron ore mine in Brazil has progressed with the grant of licences expected in less than half the normal period and a lower risk rating for the tailings storage facility (TSF). LICENCES Cadence Minerals plc, with a 33% interest, said that the re-rating followed maintenance, reporting, drilling and compliance work carried out since […]
Tag: Cadence Minerals plc
Cadence acts over Mexico cancelled licences
Cadence Minerals plc subsidiaries in the Sonora lithium project have filed administrative review recourses against the Mexican government’s resolutions cancelling the concessions. JOINT VENTURE The company’s £3.89 million interest is through a 30% stake in the JV interests in Mexilit S.A. de CV and Minera Megalit S.A. de CV. Gangfeng Lithium Group is developing Sonora, […]
$210m beneficiation plant contract for Yangibana
The Yangibana rare earths project in Western Australia has progressed with a $210 million contract, in line with staged development, for a beneficiation plant and associated infrastructure. SCHEDULE Cadence Minerals plc said that the operator Hastings Technology Metals had signed the engineering, procurement and construction (EPC) agreement with GR Engineering Services Ltd. The contract includes […]
Cadence notes priority pegmatite targets at Bynoe
Cadence Minerals plc portfolio company Evergreen Lithium Ltd has identified priority pegmatite targets within the Bynoe project in the Northern Territory of Australia. BLIND PEGMATITES Evergreen used ambient noise tomography (ANT) to measure the seismic velocity of the subsurface in three dimensions. The survey aimed to identify potential lithium bearing pegmatites at depth, otherwise known […]
Cadence welcomes non-binding off-take for rare earths
Cadence Minerals plc welcomed a non-binding heads of agreement with a potential offtake partner for rare earth elements concentrate from the Yangibana project in Western Australia. FEEDSTOCK Hastings Technology Metals, to which Cadence sold its project share, signed the deal with Neo Performance Materials Inc. In Stage I, Hastings supply up to 25,000 tonnes per […]
Cadence investee to buy land for Cinovec beneficiation plants
Cadence Minerals plc’s investee company European Metals Holdings Ltd is to buy land for $43.96 million on which to build lithium and ore beneficiation plants for the Cinovec lithium-tin mine in the Czech Republic. DUKLA The project, on the border with Germany, is 100% owned by Geomet s.r.o which in turn is 49% owned by […]