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World Cup to Spell Lights Out for South African Manganese Producers?

With the eyes of the world on South Africa during the World Cup, electrical company Eskom faces disruptions in power supply. How will the World Cup and a looming workers strike effect power supply to...

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Sundance says full takeover not on the cards

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.Continue reading...

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Chinese Miner Makes Bid For Sundance

The Sydney Morning Herald reports that Sundance Resources Inc. (ASX:SDL) is fighting a bid from Hanlong Mining for the iron ore company.Continue reading...

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Iron Ore Mine Paving Way for Infrastructure

Mining Weekly reported Sundance Resources (ASX:SDL) recent agreement with Cameroon regarding iron ore mining will help the country develop more infrastructure.Continue reading...

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Hanlong Seeks Partner for $4.7-billion African Iron Project

Reuters reported that Hanlong Group, a privately owned Chinese company, is in talks with four of China's state-owned steel mills with the aim of choosing one of them to be its partner for Sundance...

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Sundance Weighing Options on African Project

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...

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Iron Ore Prices Highest Since April

The Chinese steelmaking sector is improving, which has put upward pressure on iron ore prices.Continue reading...

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Sundance Subsidiaries Sign 10-year Offtake Agreement with Noble Resources

Sundance Resources Ltd. (ASX:SDL) announced that its subsidiaries, Cam Iron SA and Congo Iron SA, have signed a 10-year offtake agreement with Noble Resources International Pte Ltd., a global...

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What is an Offtake Agreement?

An offtake agreement is a contract in which one company agrees to purchase a producer's future product. Continue reading...

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Sundance Resources: Divide and Conquer?

The Sundance Resources saga took an unusual turn last week with an AU$40-million cash injection via unsecured convertible notes. It came from Ukrainian mining billionaire Gennadiy Bogolyubov.Continue...

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