Sundance Resources is a Perth based junior mining company facing a crisis. A company plane with a number of Sundance’s top executives went missing in West Africa yesterday. It is believed to have crashed. The company has requested for a trading halt on its shares.
The CASA C-212 twin turboprop vanished during a flight from the Cameroon capital Yaounde to Yangadou in the Republic of Congo. Amongst the missing are Geoff Wedlock, Sundance Chairman, Don Lewis, Chief Executive, John Carr-Gregg, Company Secretary and three non executive directors Ken Talbot, John Jones and Craig Oliver.
Issa Tchiroma Bakary, the Cameroon's Communications Minister reported that the plane had 11 people on board whose nationalities were six Australians, two French, two Britons and an American and two crew members.
As per the Cameroon Military reconnaissance, the Sundance plane went down near the town of Djoum which is 200km south east of Yaounde. It is about 250km from Mbalam which is where the Sundance flagship project is located. People in the town reported seeing mid air explosions.
The hunt for the plane has been called off for the night and will resume with aerial help on the next morning. The Australian Prime Minister Kevin Rudd said that no stone would be left unturned to find the missing mining executives who have been lost in the dense jungle.