Hanlong takeover of Sundance delayed to mid-November

The takeover of Sundance Resources by China’s Hanlong Mining has been delayed to November, the Australia-listed iron-ore developer, which owns the Mbalam project in West Africa, said on Thursday. Sundance said the companies had revised their...

Company Announcement: Sundance Resources and Hanlong agree to updated scheme of arrangement

Sundance Resources Limited is pleased to advise that it has signed a revised Scheme Implementation Agreement with Hanlong Mining Limited based on a simplified timetable aimed at ensuring completion in November 2012.

Cost of new platinum mine to rise to R12bn – Wesizwe

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion. So says Wesizwe CEO Jianke Gao, who was speaking to Mining Weekly in...

Bakubung platinum-group metals project, South Africa

Wesizwe CEO Jianke Gao reports that the capital cost of building the new Bakubung platinum mine is expected to escalate to R12-billion.

Cost of new platinum mine to rise to R12bn – Wesizwe

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion.

Top-level Cameroon committee to support Mbalam – Sundance

China’s Hanlong Mining Investment has extended the deadline for the proposed takeover of iron-ore developer Sundance by eight weeks, after the Cameroon government established a Ministerial committee to support the development of the Mbalam...

Karara iron-ore project, Australia

Gindalbie Metals has awarded a A$570-million mining contract for its Karara iron-ore project to Downer EDI Mining.

Karara iron-ore project, Australia

Gindalbie Metals has awarded a 15-year tailings management contract to logistics group BIS Industries for its Karara iron-ore project.

Sundance proceeds with Hanlong deal, waives bank letter condition

Iron-ore developer Sundance Resources on Friday said that it would continue with the proposed takeover by the Hanlong Mining Group, despite the Chinese firm being unable to secure a letter from the China Development Bank. Hanlong has requested...

Company Announcement: Sundance Resources - Moves closer to confirming Mbalam Convention

Sundance moves closer to confirming Mbalam Convention and Congo Mining Permit

Company Announcement: Bannerman announces update on Hanlong Proposal

Bannerman Resources Limited announced that it had received a highly conditional acquisition proposal from the Sichuan Hanlong Group.

Karara iron-ore project, Australia

The latest reserves and resources defined at the Karara iron-ore project are expected to allow production of 30-million tons a year for a 35-year life-of-mine.