Sundance enters agreements on infrastructure
Sundance Resources has signed an agreement with a third fellow iron ore explorer to look at sharing infrastructure in West Africa and is talking to others as it nears the new deadline for its $1.65 billion takeover deal with Hanlong Mining.
Sundance Resources has signed an agreement with a third fellow iron ore explorer to look at sharing infrastructure in West Africa and is talking to others as it nears the deadline for its $1.65 billion takeover by Hanlong Mining.
Sundance said yesterday it had entered an infrastructure-sharing “memorandum of understanding" with Equatorial Resources, having negotiated similar agreements with Core Mining and Legend Mining.
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