Cadence to revise Amapá mine plan after successful optimisation study

Aim-listed Cadence Minerals has completed a capital expenditure optimisation programme at the Amapá iron-ore project, in Brazil, identifying significant savings in processing plant recommissioning, as well as an opportunity to increase production.

The optimisation study was conducted at a prefeasibility study (PFS) level and marks an important milestone in the company’s progress towards achieving cost-efficient and sustainable operations, it says in a statement issued on March 22.