Sundance Resources Limited
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| Public | |
| Traded as | ASX: SDL |
| Industry | Resources |
| Headquarters | Perth, Australia |
| Products | Iron ore |
| Website | www |
Sundance Resources Limited (SDL) is an Australian mining company, based in Perth, Western Australia, whose main assets are iron ore leases in Cameroon near Mbalam, and across the border in the Republic of Congo.
To exploit these leases, a 500 km railway (or perhaps a slurry pipeline) is required to a new multi-user port at Lolabé on the Atlantic coast. Sundance hopes to start production at the project in .
It made headlines in June 2010 when all of the company's directors and some other officers were killed in an airplane crash in the Republic of Congo.
Sundance Resources was listed on the Australian Securities Exchange, the ASX, in 1993, then under the name of St Francis Mining NL (SFM). It changed this name to St Francis Mining Limited in October 1999. It traded under this name for only a short time before becoming the St Francis Group Limited (SFG) in June 2000. In December 2003, the St Francis Group Limited became Sundance Resources Limited (SDL), the company's current name.
Apart from being listed on the ASX, the company is also traded on over-the-counter markets in Frankfurt, Munich, Berlin, Hamburg and Stuttgart, Germany.
Sundance announced the acquisition of a 100% interest, since reduced to 90%, in Cam Iron SA, a company incorporated in Cameroon, in March 2006. Cam was the owner of exploration permit No 92 which covered an area of 875 square kilometres over the Mbalam iron ore province. Mbalam is located about 300 km east-southeast of the capital city of Yaoundé in the southern part of Cameroon. The deposit was identified in 1982 by the United Nations Development Fund.
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