Sundance Resources
Sundance Resources (ASX:SDL) is an Australian-based international iron ore company developing the Mbalam Project in the Republic of Cameroon in central west coast of Africa.
Sundance is advancing a significant exploration program and feasibility studies on the project based on production of 35 million tonnes per year hematite. Sundance is targeting to commence operations in 2012, this forming the basis for developing a global iron ore business.
Geoff Wedlock appointed as chairman of Sundance Resources
Cameroon focussed iron ore developer Sundance Resources (ASX: SDL) has appointed Geoff Wedlock as Chairman elect, to replace George Jones in September 2009.
Geoff Wedlock brings a wealth of iron ore experience to Sundance. He was directly involved in the development of four iron ore mines, upgrades of two ports and two railways, and the development of iron ore processing operations.
He was also previously Managing Director of the successful Australian iron ore producer, Portman Limited.
Geoff Wedlock said, "Since George joined the Board as Chairman in late 2006, Sundance has secured over $90 million in capital from a range of strategic investors, including Talbot Group Holdings. This funding has underpinned our exploration program, which has so far defined a combined total Indicated and Inferred Resource of 2.5 billion tonnes of high grade and itabirite hematite at Mbalam."
Sundance Director Ken Talbot, whose investment company Talbot Group Holdings has a 21% stake in the Company, said he was looking forward to working closely with Geoff to maximise the potential of the Mbalam Project.
Other Sundance Resources articles
Other Sundance Resources news
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04/02/10 Sundance Resources commences drilling at Nabeba Deposit
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04/01/10 Sundance Resources completes capital raising
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07/12/09 Sundance Resources raises $4.7m to progress Mbalam Iron Ore Project in Africa
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03/12/09 Sundance Resources obtains third drilling rig to support ramp up of exploration program
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24/11/09 Sundance Resources restarts drilling at Mbalam Iron Ore Project
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20/11/09 Sundance Resources receives $47.3 million from investors under first tranche of placement
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09/11/09 Sundance Resources nails $85 million raising to advance Mbalan iron ore project
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06/11/09 Sundance Resources requests trading halt
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04/11/09 Sundance Resources acquires second drill rig for Mbalam iron ore project
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01/05/09 Sundance Resources gains investor support from Talbot Group
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