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...
View ArticleSundance 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...
View ArticleChinese 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...
View ArticleIron 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...
View ArticleHanlong 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...
View ArticleSundance 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...
View ArticleIron Ore Prices Highest Since April
The Chinese steelmaking sector is improving, which has put upward pressure on iron ore prices.Continue reading...
View ArticleSundance 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...
View ArticleWhat is an Offtake Agreement?
An offtake agreement is a contract in which one company agrees to purchase a producer's future product. Continue reading...
View ArticleSundance 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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