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IN BRIEF: Cadence Minerals notes DEV selling fourth iron batch

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; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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