CAPITAL MARKETS

Hanlong hungry for Sundance iron ore

CHINA'S Hanlong Mining Investment is on the acquisition hunt once again, this time slapping a $A1.44 billion proposed offer down on the table for budding iron ore play Sundance Resources.

MiningNews.Net
Hanlong hungry for Sundance iron ore

In a statement, Sundance said it had received a conditional proposal from Hanlong, a subsidiary of the Sichuan Hanlong Group, on Friday for a 50c per Sundance share cash offer under a scheme of arrangement....

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