The Supreme court did not settle the merits of the plaintiff’s claims. But it gave the green light for a case against Nevsun to be tried in a B.C. court. BY TESFANEWS * The Supreme Court of Canada has ruled that Canadian mining company Nevsun Resources Ltd. can be sued in a Canadian court for […]
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A visit to the Bisha Mine, 150 kilometers west of the capital Asmara BY MARTIN ZIMMERMANN | SPREEZEITUNG * The journey from Asmara to Bisha in the western lowlands of Eritrea takes just under 5 hours. Immediately after arrival, you will be taken to the safety briefing. In the mine and the processing plant apply […]
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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 DANIELLE BOCHOVE | BLOOMBERG NEWS Nevsun Resources Ltd. says companies in China, Japan, and Western countries are among potential white knights that have expressed interest in buying the miner as it seeks to ward off a hostile takeover by Lundin Mining Corp.
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BY DANTE GARDENER Deutsche Bank AG lifted its position in Nevsun Resources (NYSE:NSU) by 39.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
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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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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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‘It was inappropriate for a British Columbia judge to determine the legality of a sovereign state’s conduct’ – Nevsun Resources BY SUSAN TAYLOR | REUTERS Nevsun Resources Ltd is appealing to Canada’s Supreme Court to throw out a lower court ruling which allowed Eritrean workers, who say they were forced to work at its mine, […]
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