Sundance Weighing Options on African Project

- May 28th, 2013

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

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