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Australia's Sundance Resources has referred its iron ore dispute with the government of Cameroon to international arbitration, the company said in a

Company said it is advancing plans to start international arbitration after the African country cancelled its Nabeba iron ore project in December.

By Reuters Staff (Adds details on Congo Iron, and extension of negotiation process with Cameroon) JOHANNESBURG, Feb 18 (Reuters) - Australia’s Sundance Resources Ltd said on Thursday it was advancing its plans to start international arbitration proceedings against Congo Republic after the African country cancelled its Nabeba iron ore project in December. Sundance, which delisted from the Australian Stock Exchange on Dec. 21, said arbitration proceedings would be conducted under International Chamber of Commerce rules, before a tribunal of three arbitrators in London. A presidential decree i...

Sundance Resources (ASX:SDL) set to delist amid African disputes Source: The West Australian SubscribeBe the first with the news that moves the market Sundance Resources (SDL) will delist from the ASX on December 21 amid ongoing disputes with the governments of Cameroon and Congo Permitting issues for the company's Mbalam-Nabeba Iron Ore Project, spanning the border of Cameroon and Congo, will require resolution If suitable terms can't be met with the governments in question, the cases will go to arbitration at the International Chamber of Commerce The disputes mean the company can't satisfy ...