Sundance taps Deutsche

SUNDANCE Resources has locked in Deutsche Bank as its financial adviser over the funding for its ambitious African iron ore plans, with an eye to both debt and equity funding as well as project partners.

Sundance has previously indicated its Mbalam iron ore project in Cameroon would cost around $US3.3 billion to develop into a 35 million tonne per annum project, including a 485km railway network.

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