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Cadence Minerals ( (GB:KDNC) ) has provided an announcement.
Cadence Minerals has announced an update on the Offtake Financing process for the Azteca plant. The company reported that non-systematic grab samples from the plant’s tailings showed iron content consistent with expectations, confirming the assumptions used in negotiations. The offtaker is satisfied with the results, and the financing process is progressing as planned, with no further sampling required. This development supports Cadence’s strategic objectives and strengthens its position in the mineral market.
More about Cadence Minerals
Cadence Minerals is a company operating in the mining industry, focusing on mineral exploration and development. The company is primarily involved in the extraction and processing of iron ore and other minerals, with a market focus on leveraging strategic partnerships and financing to enhance its operational capabilities.
Average Trading Volume: 5,252,829
Technical Sentiment Signal: Buy
Current Market Cap: £16.17M
Find detailed analytics on KDNC stock on TipRanks’ Stock Analysis page.