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    iron investing

    Sundance says full takeover not on the cards

    Investing News Network
    May. 30, 2011 08:33AM PST
    Base Metals Investing

    Mining Weekly reports iron-ore hopeful Sundance Resources (ASX:SDL) refuted claims that its investment partner Hanlong Mining was looking to gain control of the company.

    Mining Weekly reports iron-ore hopeful Sundance Resources (ASX:SDL) refuted claims that its investment partner Hanlong Mining was looking to gain control of the company.

    The market news is quoted as saying,

    “Consistent with previous announcements, Sundance is not currently in discussions regarding a full takeover, and continue its ongoing discussions with several prospective strategic partners,” the Africa-focused developer stated.

    For the complete market news, click here.

    iron investinghanlong miningasx:sdl
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