BY TESFANEWS * China’s Zijin Mining Group Co is set to acquire Canadian gold and copper miner Nevsun Resources Ltd for about C$1.86 billion ($1.41 billion), trumping multiple bids from rival Lundin Mining Corp. In a statement on Wednesday, Nevsun said it has cut a friendly deal with Zijin Mining for C$6 a share in […]
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BY NEVSUN RESOURCES Canada’s Nevsun Resources (TSX, NYSEMKT:NSU), together with its Eritrean partner ENAMCO, has approved an extension to the life of its flagship copper-zinc Bisha mine in Eritrea to the end of 2022 — 18 months later than the planned end of operations announced by the company last year.
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Nevsun finally announces some good news from Eritrea BY PETER ARENDAS | SEEKING ALPHA Nevsun Resources (NSU) released its Q1 2018 financial results. After several quarters of underperformance, Nevsun’s only producing mine finally delivered a positive surprise. In Q1, Nevsun produced 71.6 million lb zinc and 8.9 million lb copper at its Eritrean Bisha mine.
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BY THE VALUE PORTFOLIO | SEEKING ALPHA Nevsun Resources (NYSEMKT: NSU) is a Canadian mining company headquartered in Vancouver, British Columbia. The company has had a difficult time since the start of the commodity crisis, however, as we will see in this article, Nevsun Resources’ track record, impressive assets, and strong financials, along with the overall […]
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By Resource Reports, With almost $600 million in the bank, NSU has cash to back 80% of its share price. And it pays a dividend. And it’s expanding its profitable mine. Investors are taking note: Nevsun has outperformed the S&P/TSX Capped Diversified Metals & Mining Index by 40% since June. The big resource picture is […]
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By CapEri, SHARES of Nevsun Resources (TSE:NSU) climbed to a five-month high beginning of this month and are expected to continue to rise. One of the biggest contributing factors is how major economies such as China, USA and Russia impact commodity prices around the world. For instance, the People’s Bank of China (PBoC) slashed interest […]
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By Nevsun, NEVSUN Resources Ltd. (TSX:NSU / NYSE MKT:NSU) (Nevsun or the Company) is pleased to report its financial and operating results for the year ended December 31, 2014. Unless otherwise noted, with the exception of earnings per share and realized price per ounce and per pound figures, all financial results are in millions of […]
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By FNN Online, BELOW are the three companies in the Gold industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains. Nevsun Resources (AMEX:NSU) is highest with a dividend yield of 4.1%. Nevsun Resources Ltd. is a gold producer and base metal developer. The Company has […]
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