Australian miner Sundance Resources has announced that it has undertaken a number of cost reduction measures to ensure the management of its cash position while retaining the ability to move its Mbalam-Nabeba iron ore project into ...
Tags: cash position, Metallurgy
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 ...
THE sharemarket enjoyed a bumper day, closing almost 1.5 per cent higher on positive overseas leads. the close today, the benchmark S&P/ASX200 index was up 71.3 points, or 1.45 per cent, at 4976.8 points. The broader All Ordinaries ...
Tags: economy
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 a significant step was made in the efforts to start a large scale iron ore mining in Cameroon’s Mbalam region following signing of an agreement in Yaounde between the country’s authorities and Cam Iron ...
Tags: Iron, iron ore mining, iron ore, mining
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
Sundance Resources Limited announced that the Ministerial Council for the Republic of Congo met on Friday 28 December 2012 and has approved the Company's application to develop and mine the high-grade Nabeba Iron Ore deposit. The ...
Tags: Sundance Resources Limited, Nabeba Iron Ore, mining, iron
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
Australian miner Sundance Resources has announced that it has been granted a mining permit by the Ministerial Council for the Republic of Congo to develop and mine the high grade Nabeba iron ore deposit. According to Sundance's statement, ...
Tags: Australia, Sundance Resources, mining permit, Nabeba iron ore deposit
Private company Sichuan Hanlong Company, after the approval of Anshan Steel s biggest ever expansion plan on iron ore mines, is in view of a partnership with state owned enterprises to build up a major iron ore mine in western Africa. ...
Tags: Sichuan Hanlong Company, Anshan Steel, iron ore, mining
West Australian quoted Sundance Resources has underscored the long term value of its West African iron ore project,saying that a reserve upgrade on the Congo side of the Mbalam-Nabeba venture has the potential to push the first stage mine ...
It is reported that China Hanlong is looking for state run businesses in China to co develop the USD 4.7 billion flagship Mbalam iron ore project located in Africa that is owned by Sundance Resources. Several super large state run ...
Tags: China Hanlong, state run businesses, Mbalam iron ore project, financing
Sundance Resources has upped its high grade hematite ore reserves at the Mbalam-Nabeba iron ore project in Africa by 24% to 436.3 million tonnes at 62.6% iron. However, this increase in the ore reserve will enable the Stage One life of 10 ...