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    Sundance Weighing Options on African Project

    Investing News Network
    May. 28, 2013 11:17AM PST
    Base Metals Investing

    Sundance Resources (ASX:SDL) said on Monday it is considering its options for the Mbalam-Nabeba iron-ore project, following the collapse of takeover discussions with Hanlong Mining, Mining Weekly reported.

    Sundance Resources (ASX:SDL) said on Monday it is considering its options for the Mbalam-Nabeba iron-ore project, following the collapse of takeover discussions with Hanlong Mining, Mining Weekly reported.

    As quoted in the market news:

    In a letter to shareholders, chairperson George Jones noted that the company had received expressions of interest from a range of countries, expressing a range of views about how possible transactions could be structured, including rail and port solutions, and direct investments in the project.

    Click here for the full Mining Weekly news report

    hanlong miningasx:sdl
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