AustSino Resources Group will receive $100 million from an entity associated with its chairman to facilitate the company's planned investment in Sundance Resources.
A private Chinese company is planning to invest $100 million in two major iron ore projects that have been dormant for the best part of a decade - the Oakajee port in WA's Mid West and Sundance Resources' Mbalam Nabeba mine in Cameroon.
Paul Thomson has signed a new service agreement with A-CAP Resources and will transition from his current role of managing director to chief executive.
