BY MINING.COM Canada’s Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner.
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Nevsun Resources Ltd. (NYSEMKT:NSU) Q4 2017 Earnings Conference Call March 2, 2018 BY SEEKING ALPHA Our presenters today are Peter Kukielski, Nevsun’s President and Chief Executive Officer, and Ryan MacWilliam, our Chief Financial Officer. Following the conclusion of formal remarks by Peter and Ryan, we will host a question-and-answer session.
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BY MARTIN SCHIBBYE | BLANKSPOT * Mining Engineer Clas Lindström worked for Bisha Mining in Eritrea during the same period that three workers claim they had to work in the mine against their will. He remembers an unusual plant, but did not see any signs of slavery.
Continue ReadingBy Nevsun Resources Ltd., Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (“Nevsun: or the “Company”) is pleased to announce the maiden open pit mineral resource estimates for the Hambok and Northwest Zone deposits and the updated mineral reserve estimates for the Bisha Main and Harena open pit mines. Hambok and the Northwest Zone […]
Continue ReadingBy Nevsun, Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) is pleased to announce strong production results of 313,000 ounces [8,873 kg] of gold for 2012 with 46,000 ounces in the quarter ended December 31, 2012. Gold production for 2012 exceeded the top end of the latest guidance. Bisha gold production is again extended and is now anticipated […]
Continue ReadingBy Berouk Mesfin, Eritrea and South Africa formally established diplomatic relations in 1994. Eighteen years later, the two states seem to be strengthening their bilateral relations. In March, Iqbal Jhazbhay, the new South African ambassador to Eritrea, presented his credentials to President Isaias Afwerki. Significantly, Jhazbhay was warmly received by the president only a week […]
Continue ReadingBy Kesete Ghebrehiwot, “It is unheard-of that four out of five mining companies that have been engaged in mining exploration any where in the world have developed resources into tangible mineralization. It was not easy to find above five serious explorers in 2007 just before the global finance crisis. But now, there are about 20 […]
Continue ReadingNevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to report its financial and operating results for the second quarter ended June 30, 2011. QUARTERLY HIGHLIGHTS First full quarter of operations at Bisha Gold production of 93,000 ounces Average realized price per ounce sold of $1,510 Cash cost of $301 per ounce Cash increased $84 million […]
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