Glencore

Hmmmm, who is the person familiar with the matter ?

And why was it leaked ?

http://www.4-traders.com/SUNDANCE-R...h-Parties-Including-Glencore-Source-16557522/

Sundance Resources Has Talked with Parties Including Glencore-Source​

03/18/2013 | 08:16pm US/Eastern​

​

   By Gillian Tan

SYDNEY--Sundance Resources has held talks with parties including Glencore International PLC about the sale of a stake in its flagship Mbalam iron ore project, a person familiar with the matter said Tuesday.

The talks are taking place amid worries that China's Hanlong Mining may fail to complete its 1.38 billion Australian dollar (US$1.4 billion) takeover of Sundance, which is being advised by UBS AG. It wouldn't require parties to acquire any equity in Australia-listed Sundance, the person said.