SDL sundance resources limited

douala in the melee of the bond, page-8

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    Also maps from Equatorial Resources (Badondo project) and African Aura (Nkout iron ore project) showed projects located within a regional cluster of world class iron ore, and they all called "Emerging Iron Ore province" will rely heavily on Sundance railway.

    Following are iron ore projects with site Mbalam as a focal point:
    - Avima (Core Mining/Severstal)
    - Belinga (CMEC)
    - Nkout (African Aura)
    - Nabeba (Sundance Resources)
    - Mbalam (Sundance Resources)
    - Minkebe
    - Batoula
    - Boka-Boka

    Those projects will have to use Sundance railway and port if they want to evacuate their iron ore to China and Europe, so it's not going to be free.








    The rule is set
    Also due to the ecology impact in the region, the strategy of CEMAC 2025 is to setup a regional cluster/hub of iron ore, which will be limited around the border region between Cameroon and Gabon and as a focal point with the site Mbalam:

    (CEMAC 2025):
    "The second pole is the pole steel building around the iron mining zone border between Cameroon, Gabon and Congo,
    home to the important Belinga iron deposits in Gabon (1 million tonnes of high grade iron: 67%) Mbalam in Cameroon with deposits of around 2.4 million tonnes but content varies.

    Two separate projects of exploitation of these ore deposits exist in Gabon and Cameroon each provide heavy investment in transport infrastructure.

    However, sticking to the vision of a "Green Gabon" whose ambition is to make Gabon, in 2015, the first destination for tourism related to the African rainforest, and a model for national parks of the twenty-first century, the project operating Belinga iron will not be in its present form with the operation Mine, the construction of a deepwater port at Santa Clara and a dam large Hydroelectric Poubara, track construction of railway to connect Belinga to Boou Ntoum and the periphery of the future port of Santa Clara in north Libreville.

    Indeed, the Belinga site happens to be in an ecological zone and the realization of current project could destroy
    the forest ecosystem and inevitably go against the vision of this country.
    This implies a PER for the redevelopment of existing projects. The regional hub of steel that will emerge will be limited around border region between Cameroon and Gabon as a focal point with the site Mbalam. The specific infrastructure projects planned in the framework of this cluster Steel border are essentially (i) the development of sea port deep Kribi, the construction of a railway line between Mbalam and Kribi Ramp connects to other production sites to Mbalam."

    Other good infos could be found from African Aura links:

    Download Iron movie
    http://www.african-aura.com/s/Presentations.asp

    http://www.african-aura.com/i/pdf/AAM%20Presentation%20-%20Oct%202010.pdf

    Cheers,
    Bigstar
 
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