Page 16 - Sundance Resources Ltd Annual Report 2013

14 SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013
SIGNING OF THE MBALAM
CONVENTION AND COLLECTIVE
AGREEMENT, REPUBLIC OF
CAMEROON
On 29 November, 2012 the Government of Cameroon officially
paved the way for development of the Project with the signing
the Mbalam Convention. The Convention, which was signed in a
ceremony in the Cameroon capital city of Yaoundé, underpins the
agreement between Sundance subsidiary Cam Iron SA and the
Government. It outlines the fiscal and legal terms and the conditions
to be satisfied by Cam Iron SA for the development and management
of the Mbalam-Nabeba Iron Ore Project. Following the fulfilment of a
number of other conditions including endorsement by the Cameroon
National Assembly, this Convention will lead to the grant of the
Mbalam Mining Permit and commencement of construction.
BELOW: Giulio Casello signing the
Mbalam Convention in November 2012,
Yaoundé, Cameroon