Australia's resources company Sundance may resume trade next week

The former chairman of Australia- based international iron ore resources company, Sundance Resources, on Friday said the company may resume trade as early as next week.

Former chairman George Jones was brought in to advise the company after its entire six-person board was killed in a plane crash in Congo on Saturday.

The company's shares have been suspended from trading since the plane crash happened, as Jones and the company's surviving executives try to resolve an unprecedented corporate governance problem.

"The situation of a company losing its entire board doesn't happen very often and the code actually doesn't provide for that, and I'd suggest as an aside that that will be looked at," Jones told ABC Radio.


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