Cadence closer to reopening former Anglo American mine in Brazil

Cadence Minerals (LON: KDNC) is closer to reopening the Amapá iron ore operation, located in the namesake state in northern Brazil, which was owned by Anglo American (LON: AAL) and Cliff Natural Resources until late 2013.  The mining company now has bank credit committee approval for its secured bank creditors to execute a settlement agreement that would...

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