Eritrea Bought its 30% Bisha Mine Share From Nevsun for US$253.5 million

Nevsun, Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is pleased to announce that it has finalized its arrangements with the State of Eritrea regarding the purchase of 30% of the Bisha mine by the Eritrean National Mining Corporation (Enamco). The agreed price is US$253.5 million, which will be settled from the after tax cash flows […]

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