Sundance Seen Doubling Money on Takeover Betting Today

Sundance Seen Doubling Money on Takeover Betting Today

Naashon Zalk/Bloomberg

A mine worker directs trucks carrying ore from a quarry at a copper mine near Lubumbashi, Democratic Republic of Congo. Sundance Resources Ltd. estimates that its Mbalam rail, port and mine project straddling the Republic of Cameroon and Republic of Congo will produce 35 million metric tons a year and cost $4.7 billion to develop.