The Mbalam Project
The Mbalam Iron Ore Project straddles the border of the Republic of Cameroon and the Republic of Congo in central west Africa. The project scope targets mining 35 million tonnes per annum from iron deposits in Cameroon and Congo, construction of a 510km rail line dedicated to the transport of iron ore from the Mbarga mine to the Cameroon coast, construction of a 70km rail spur line from the Nabeba mine in Congo, and the building of a dedicated deep water iron ore export terminal that can take bulk iron ore carriers capable of 300,000 DWT.
Stage One will focus on a Direct Shipping Ore Project for a minimum 10 years, with Stage Two then extending the life of the operation by an additional 15 years of production of high-grade Itabirite hematite concentrate.In April 2011, Sundance released the results of the Definitive Feasibility Study for Stage One and the Pre-Feasibility Study for stage two which paves the way for Sundance’s transition from explorer to producer subject to entering into agreements with Governments, obtaining Government approvals and appropriate project finance.
