Court ruling marks major milestone for reopening of Amapa iron-ore mine

MINING WEEKLY | The Commercial Court of São Paulo has ruled that DEV Mineração, the owner of the Amapá iron-ore project could start shipping stockpiled iron-ore, marking a major milestone for the reopening of the iron-ore mine that once belonged to diversified miner Anglo American.

London-listed Cadence, which is buying a stake in Amapá, announced the court ruling on Tuesday, and said that the project’s joint venture (JV) partners were in discussions for potential offtake contracts to begin shipments "as quickly as possible".

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