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sundance says to export iron ore by 2008

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    Sundance unit says to export Cameroon iron ore by 2011

    YAOUNDE, Feb 21 (Reuters) - The Cameroon Iron Ore Company (CamIron), controlled by Australia's Sundance Resources (SDL.AX: Quote, Profile, Research) will begin exporting iron ore from its $2.46 billion Mbalam iron ore project by 2011, its general manager said on Thursday.

    Roger Bogne said feasibility studies and an environmental assessments will be submitted before the end of February, and the company would sign a memorandum of understanding (MOU) with the government by March, paving the way for Cameroon to issue an official exploitation licence. (Reporting by Tansa Musa; writing by Daniel Flynn, Editing by Peter Blackburn)


    http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL2170341420080221
 
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