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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Ethiopian Rebels Warn Chinese Firm Exploring Natural Gas

By TesfaNews, AN ETHIOPIAN rebel group today warned a Chinese firm against natural gas exploration in the Somalia region of Ogaden. The Ogaden Liberation Front (ONLF) accused the Chinese company of partnering with the Ethiopian government to illegally exploit resources of the Somalia region of Ogaden in addition to providing surveillance and funds for the […]

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Nevsun Outlines 2015 Corporate Objectives

By Nevsun, NEVSUN Resources Ltd. (TSX:NSU / NYSE MKT:NSU) announces its 2015 corporate objectives including copper production and capital allocation guidance for the Company. The Bisha Mine, operated by Nevsun’s sixty percent owned subsidiary Bisha Mining Share Company (BMSC) is one of the highest grade open pit base metal deposits in the world and has […]

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Ortac Resources Reports Encouraging Trenching Results from Eritrea

By Giles Gwinnett, ORTAC Resources (LON:OTC) has unveiled encouraging results from trenching work at the Yacob Dewar deposit in Eritrea. Exploration partner Andiamo carried out the work and the first batch of assays confirmed high grade, near surface, oxide copper mineralisation over a 400m strike length, Ortac said. The strike is still open to the north […]

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