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. Continue reading Nevsun Extends Mine Life at Bisha Until 2022
Canadian miners Lundin Mining Corp and Euro Sun Mining Inc disclosed on Monday an offer made earlier to buy base metals company Nevsun Resources Ltd, which rejected the C$1.5 billion ($1.16 billion) proposal. Continue reading Nevsun Resources Rejects $1.16b Takeover Offer
BY ITINERANT | SEEKING ALPHA
Nevsun Resources (NSU) stunned markets a couple of weeks ago with a radical change in strategy. The new mine plan for Bisha in Eritrea included the shelving of plans for underground operations at the Bisha and Harena and curtailed open pit mining at Bisha. Only four years of mine life were left in this once proud operation when the dust settled. Continue reading Bye Bye Bisha?
BY THE VALUE PORTFOLIO | SEEKING ALPHA
Nevsun Resources (NYSEMKT: NSU) is a mining company with a market cap of $0.7 billion that has had a difficult time recently. However, as we will see throughout this article, strong market fundamentals, along with the company’s impressive distribution of assets and growth potential from its Timok Project, make the company a strong investment at the present time. Continue reading Nevsun Resources: Significantly Undervalued Mining Corporation
Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (Nevsun or the Company) today announced the appointment of Mr. Peter G. Kukielski to the position of President and Chief Executive Officer, effective May 12, 2017. Mr. Kukielski replaces Cliff Davis, who announced his intention to retire earlier this year. Continue reading Nevsun Resources Appoints New CEO
Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) is pleased to announce the updated mineral resource estimates effective December 31, 2016, for the Bisha, Harena and Asheli deposits in Eritrea. These updated resources form the first part of the annual year end mineral resource and mineral reserve statement for 2016. The updated mineral reserve estimate, currently in-progress, should be released in late May or early June 2017. Continue reading Nevsun Delivers Substantial Resource Growth at Bisha from 2016 Drilling