SDL 0.00% 0.6¢ sundance resources limited

new "partners scramble" for mbalam iron

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    In an interview published April 16 in the government daily Cameroon Tribune, the CEO of the company Cam Iron which further explores and already has an operating agreement on iron ore Mbalam in eastern Cameroon, says the orebody is among the top five mining projects worldwide.
    And it reassuring after the termination of the agreement between the Australian Sundance Resources (parent company of Cam Iron) and Chinese group Hanlong recovery project Mbalam, new "partners jostle" because " Mbalam is a good project. "
    Dg Cam Iron which said return a mining forum in Canada, during which he was able to realize the interest to the iron ore Mbalam for investors, also argues that in terms of " potential Mbalam is the first in Africa ", with reserves of 436 million tonnes grading 62.5% iron, which was confirmed in December 2012, according to the guidelines of the JORC Australian says Serge Aso'o.

    http://www.investiraucameroun.com/mines/1704-4130-de-nouveaux-partenaires-se-bousculent-pour-le-projet-de-fer-de-mbalam-selon-dg-de-cam-iron
 
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