Sundance still in JV talks

Company News

Sundance Resources Limited (ASX:SDL) says it’s had a productive June quarter and is continuing detailed discussions with investors for the development of its iron ore project in the Republic of Congo.

The miner says it has identified a number of interested parties and possible structures that could support the project.
 
Sundance says its aiming to complete the mine development negotiations by the end of the calendar year.
 
The company says its cash at the end of the June quarter totalled $19.6 million dollars.
 
Sundance booked a net loss of $14.1 million in the first half of fiscal 2013.