Antofagasta Archives

World’s Major Copper Producers Eyeing Eritrea?

November 2, 2014November 2, 2014TesfaNews8 Comments

By Frik Els, NEVSUN Resources (TSE:NSU) stock jumped as much as 4.4% out of the gate on Friday after releasing third quarter results that beat expectations thanks to strong cash flows and high grade throughput at its Bisha mine in Eritrea. By early afternoon the Vancouver-based company had given up some of the gains to change […]

Emerging Producer Nevsun Declares First Dividend

May 18, 2011May 18, 2011TesfaNewsLeave a Comment

By Peter Koven (Financial Post), With its Bisha mine in production and generating major cash flow, Nevsun Resources Ltd. is successfully transitioning from a junior developer to an established producer, something few miners ever do. The company took the next logical step on Wednesday, declaring an inaugural semi-annual dividend of 3¢ per share. According to […]