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China-linked AustSino strips African iron ore project from Australia-562015 daily-sun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daily-sun.com Daily Mail and Mail on Sunday newspapers.
Mbalam-Nabeba iron ore project: Sundance Resources expresses "shock" at new MoU businessincameroon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessincameroon.com Daily Mail and Mail on Sunday newspapers.
Australian junior mining firm Sundance Resources has decided to proceed to international arbitration in the case between it and the state of Cameroon ....
Aussie companies stripped of iron ore projects in Africa Share Perth-based Sundance Resources is seeking a multi-billion dollar payout from the Republic of Congo after being stripped of its iron ore mining licence in the central African nation where China is casting a big shadow. Two other Australian-based companies have also had iron ore mining and exploration rights stripped by the RoC, which then awarded them to a mystery company with no history in the region. The mystery company has been handed rights to about a billion tonnes of high grade iron ore by the RoC at a time Chinese steel mills are stuck paying high prices for Australian product. ....