QKR Corp Archives

Why I Bought Nevsun Resources

March 25, 2015TesfaNews4 Comments

By Value Sniper, NEVSUN Resource (NYSEMKT:NSU) is operator of the Bisha mine. It is one of the highest grade open pit copper mines in the world. The Bisha mine is located in Eritrea. Due to its high grade, it has one of the lowest operating cash cost in the entire industry. In fact, the mine […]

Next Billion Dollar Mining Takeover Could be in Eritrea

November 20, 2014November 22, 2014TesfaNews14 Comments

By James Fraser, RUMORS are circulating this morning that the latest takeover in the mining space will be Nevsun Resources (NSU.T). Bloomberg is reporting that QKR Corp, a mining fund backed by Qatari investors, is set to make a $1 billion bid for Nevsun. QKR Corp is led by Lyold Pengilly, a former banker at […]