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29 Mar
10:24

Cadence increases investment, participation in Amapá project

UK-based Cadence Minerals (CM) has increased its investment in the Amapá iron ore project, Kallanish notes. The miner raised total funding by approximately $1.1 million in the last six months to approximately $13.2m. Consequently, the improvement rose its participation in the project by 1 percentage point to 33.6%. The remaining 66.4% share in the joint venture Pedra Branca Alliance, which owns 100% of the Amapá Project, is held by Singapore-based co…
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