hanlong execs stood down

Hey Guys

FYI - Hanlong execs stood down.............all we need now is the Reserves Upgrade to 350million tonnes, then FInance Mining Conventions will occur and we are away!

Cheers Nectar

Hanlong Australia executives step aside amid probe
Tue Sep 13, 2011 6:15am GMT

Print | Single Page
[-] Text [+]

MELBOURNE Sep 13 (Reuters) - Hanlong Mining said on Tuesday three of its Australian executives under investigation for possible insider trading have been stood down and are cooperating in the investigation by Australia's securities watchdog.

Hanlong Mining's parent, Sichuan Hanlong Group, is sending another executive, Kang Huan Jun, to oversee management of Hanlong's interests in Australia, a spokesman said in a statement.

"Hanlong looks forward to continuing its advanced negotiations with Sundance Resources Limited with regard to the Mbalam Iron ore project and other investment prospects," the spokesman said.

(Reporting by Sonali Paul)


http://af.reuters.com/article/commoditiesNews/idAFS9E7JQ02M20110913