Australian miner Sundance Resources has announced that it is back in talks with investors regarding the development of its Mbalam-Nabeba iron ore project in Cameroon, following the decision to end takeover discussions with China-based ...
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
Australian miner Sundance Resources has announced that it has terminated the takeover agreement with Hanlong Mining, a subsidiary of Sichuang Province-based Chinese industrial conglomerate Sichuan Hanlong (Group) Co., under which Hanlong ...
Tags: Metallurgy, Mineral, Energy
Australian miner Sundance Resources has announced that it has requested that trading of its shares be halted at the Australian Securities Exchange (ASX) until April 8, since Hanlong Mining, a subsidiary of Sichuang Province-based Chinese ...
Tags: miner, Sundance Resources, shares
Xinhua reported that China's Hanlong Group intends to take over Australian mining company Sundance early next year and gain control over a key supply of iron ore in Africa. The Xinhua news agency quoted officials at the privately owned ...
Tags: China, Hanlong Group, Sundance, iron ore, Africa
APP reported that China privately owned Hanlong Group has close to finalizing the acquisition of Australia's Sundance Resources, a mining firm that controls a major iron ore mine in West Africa. Such a move would give China a stronger ...
Tags: China, Hanlong Group, acquisition, Sundance Resources, mining
Moly Mines will focus its mergers and acquisitions strategy in the next six months to near term production opportunities that can be financed independently. The move comes as its major shareholder Hanlong Group will be in position to ...
Tags: Moly Mines, merger, acquisition, mining
Chinese automkaer Futian Automobile is planning to build a new utility vehicle assembly plant in Cameroon, west Central Africa. About $500m will be invested in the construction of the new plant, which will be located at Kirbi that include ...
Tags: Futian, Assembly Plant, Cameroon