Tag Archives: Newmont

World’s Major Copper Producers Eyeing Eritrea?

Latest successful drilling results in and around Bisha confirms a rich VMS district that started to attract the attention of copper majors like Lundin Mining, Antofagasta and Newmont
Latest successful drilling results in and around Bisha confirms a rich VMS district that started to attract the attention of copper majors like Lundin Mining, Antofagasta and Newmont

By Frik Els,

NEVSUN Resources (TSE:NSU) stock jumped as much as 4.4% out of the gate on Friday after releasing third quarter results that beat expectations thanks to strong cash flows and high grade throughput at its Bisha mine in Eritrea.

By early afternoon the Vancouver-based company had given up some of the gains to change hands at $3.77, still up 3% on the Toronto Exchange in higher than usual volumes. Continue reading World’s Major Copper Producers Eyeing Eritrea?