Cadence Minerals plc said it could have exposure to copper assets following Castillo Copper Ltd’s 90-day option agreement for lithium projects in which the mining investor has interests. EXPOSURE Cadence owns a 29% shareholding in Lithium Technologies Pty Ltd (LT) and Lithium Supplies Pty Ltd (LS) which have signed the deal. Following due diligence, Castillo […]
Tag: Cadence Minerals plc
Cadence starts PFS for Amapá iron ore
Cadence Minerals plc announced that pre-feasibility studies (PFS) had started at the Amapá iron ore project in northeast Brazil. PROCESSING PLANT AND RAILWAY The company, working alongside DEV Mineração S.A . and Indo Sino Pty Ltd, has also made progress on the redevelopment of Amapá in several key areas. DEV commissioned the PFS on the […]
Cadence to start drilling at Lake Giles iron project
Cadence Minerals plc said that geotechnical drilling would soon start to support mine planning work as part of the current feasibility study for the magnetite Lake Giles iron project in Yilgarn, Western Australia. The company holds 1% of the issued equity interest in Australian explorer and operator Macarthur Minerals. Mobilisation of the crew and equipment […]
Cadence notes mine preparations for Lake Giles
Cadence Minerals plc announced that further licence applications have been made to support the intended hematite mining operations at Lake Giles iron project in Western Australia. The applications from Macarthur Minerals Ltd, in which Cadence holds a 1% interest, are part of the Australian operator’s preparations for a mine plan for a direct shipment ore […]
Cadence notes completion of Lake Giles AEM survey
Cadence Minerals plc said a Tempest airborne electromagnetic (AEM) survey has been completed over the Lake Giles iron project in Western Australia. Australian project operator Macarthur Minerals Ltd, in which Cadence holds a 1% interest, engaged CGG Aviation to undertake the AEM of palaeovalleys adjacent to the site. CGG Aviation mobilised to the site on […]
Cadence JV targets $100.7m for Yangibana rare earths
Cadence Minerals plc said that its joint venture (JV) partner had received commitments to raise $100.7 million through an equity placement for the Yangibana rare earth project in the Gascoyne region of Western Australia. Australian company Hastings Technology Metals owns 70% and Cadence holds 30% of three mining leases and six exploration licences which form […]