China’s Hanlong clears Cameroon hurdle to $1.3 bln iron ore bid

Hanlong needs China funding by Aug 31 Needs Australia approval by June 30 Global uncertainty could hold up China funding Sundance shares 30% below offer value MELBOURNE, June 5 (Reuters) – China’s Hanlong Mining has cleared one of three key hurdles to its long-delayed $1.3 billion takeover of Australia’s Sundance Resources, agreeing on key terms [...]