this is one of the reports (Finance News Network)out this week.
Company news
"Shares in Sundance Resources Limited (ASX:SDL) have continued to rally on news the Africa-focused iron ore miner has attracted the attention of yet another suitor. At the beginning of the week Sundance received a $1.4 billion takeover offer from its largest shareholder, China?s Hanlong Mining. Speculation has now emerged that Swiss mining giant Xstrata is eyeing the Sundance in addition to considering a counter-bid for Macarthur Coal Ltd (ASX:MCC). Shares in Sundance Resources have advanced 7.07 per cent and are trading at $0.53".