Sundance ups reserve

SUNDANCE Resources has upgraded reserves at its flagship Mbalam iron ore project, which has confirmed the stage 1 planned production of 35 million tonnes per annum.

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Probable ore reserves now stand at 352 million tonnes grading 62.4% iron, 5% silica, 2.6% alumina and 0.09% phosphorous, up from 252Mt at 63.6% iron reported in April.

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