Home » Cadence Minerals (KDNC) » Cadence Minerals #KDNC – Interview with Kiran Morzaria direct from Santana, Brazil

Cadence Minerals #KDNC – Interview with Kiran Morzaria direct from Santana, Brazil

Alan Green talks to Cadence CEO Kiran Morzaria direct from Santana Port, Brazil. Today, Cadence has announced a substantial upgrade in total Measured, Indicated and Inferred Mineral Resources, to 276.24 Million Tonnes at a grading of 38.33% Fe at the Amapa iron ore project. Valued by former owner Anglo American at $600m in 2012, an investment of just $6m has seen Cadence acquire a 27% stake in the project, with an option to increase to 49%. Kiran explains how this upgrade contributes to the current ongoing pre-feasibility study, and the steps the company needs to take to bring Amapa back into production. We look at potential revenue forecasts for the fully recommissioned mine, and how important it is for the region in regard to employment, health and education. Kiran then covers the lithium and rare earth investment returns from Australia, and in particular the Yangibana Rare Earths project, plus the Sonora and Cinovec Lithium project investments. We finish with a look at upcoming news, plus Kiran comments on the market valuation vs. assets.

Leave a comment

I would like to receive Brand Communications updates and news...
Free Stock Updates & News
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.