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Aussie companies stripped of iron ore projects in Africa

Aussie companies stripped of iron ore projects in Africa Share Perth-based Sundance Resources is seeking a multi-billion dollar payout from the Republic of Congo after being stripped of its iron ore mining licence in the central African nation where China is casting a big shadow. Two other Australian-based companies have also had iron ore mining and exploration rights stripped by the RoC, which then awarded them to a mystery company with no history in the region. The mystery company has been ha...
John Welborn Nabeba Sundance Holdings Mauritius Sangha Mining Equatorial Resources Core Mining
Source: afr.com

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