Cadence Minerals (LON:KDNC) CEO Kiran Morzaria tells Proactive London's Andrew Scott recent approvals allowing for the shipment of iron ore stockpiles at its Amapá project in Brazil is a significant step forward for the redevelopment of the asset.
He says the cash from the iron ore sales will primarily be used to pay labour as well as a small creditor and will see the project back into production.
Exports are targeted to re-commence in the coming months.
