China’s Zijin Mining Group to Acquire Nevsun Resources for C$1.86 Billion

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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Nevsun Announces Q1 2018 Financial Results – With Strong Operational Performance at Bisha

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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Nevsun Resources is my Top Mining Pick for the Next Five Years

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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A Miner With Lots of Cash, A Profitable Mine, and a Healthy Dividend. Really.

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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Nevsun Resources has the Highest Dividend Yield in the Gold Industry

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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