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Daily Mail Stock Watch – Cadence Minerals

Mining investment group Cadence Minerals #KDNC surged after a court in Brazil ruled it can start shipping stockpiled iron ore.

Cadence and its joint venture partners are in talks with potential ore buyers.

The cash will be used on studies needed to reopen the Amapa mine, which was previously owned by Anglo American.

Shares in Cadence, whose chairman Andrew Suckling said the ruling brings Amapa ‘back to life’, jumped 73.9 per cent, or 2.4p, to 5.65p.

Link here to original article by Francesca Washtell

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