**on : sundance eyeing belinga iron, page-19

Hi Guys,

Wouldn't be nice if Sundance can add belinga to their portfolio.

Gabon government is always been looking for a partner.

Here is a link below,

http://translate.google.com.au/translate?hl=en&sl=fr&u=http://news.alibreville.com/v/2449.html&prev=/search%3Fq%3Dbelinga%2Bgabon%26biw%3D800%26bih%3D1232%26tbs%3Dqdr:d


LIBREVILLE - Gabonese Minister of Mines, Regis Immongault had recently told the press that the Libreville Gabon was always looking for a partner who could quickly start ore mining Belinga located in the north-east of the country .


"The new ambition of President Ali Bongo Ondimba is to develop the mining sector. The National Agency for major works (ANGT) began to determine the port to be used for the evacuation of Belinga iron" would essentially said the Minister .

The Gabon certainly has the greatest potential for iron ore along a large reserve near the Republic of Congo and Cameroon.

Originally discovered in 1895, the last valuation date of the deposit of iron dates back to 1970 when reserves were estimated at about 1 billion tonnes of ore enriched to 64% pure iron.

A number of major international companies have expressed interest: Brazil's Vale had initially reached an agreement for the site, but CEMEC finally to grant the license in 2007.

The Chinese company had planned new infrastructure, including a new railway, a deep-sea and social infrastructure.

The case raised a number of issues due to its unique advantage. But the prospect of a CEMEC granted the license had been suspended in 2011 and BHP Billiton had the license before withdrawing from the country in 2013