Nevsun (NYSEMKT:NSU) has been a standout performer in what has been a disappointing year for the mining industry. This was long overdue for a company that has lagged its base metal peers for much of the past three years. Continue reading Nevsun Takeover Battle Heating Up→
Canadian base metals producer Nevsun Resources this week announced a strategic update on its capital allocation plans, allotting extra capital to its Eritrea-based Bisha zinc/copper/gold operation and delaying the timetable to deliver the Serbia-based Timok prefeasibility study (PFS) to the first quarter of 2018.
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→
It certainly hasn’t been a pleasant few months for shareholders of Nevsun Resources (NYSEMKT:NSU). Since my last article in February, shares have only continues to plummet, falling from $2.72 to under $2.40 per share. Between a 75% dividend cut and copper production issues at its Bisha mine, some shareholders have had enough.
Debt free mining firm with significant exposure to zinc and the cash necessary to develop a recently acquired world class copper-gold deposit.
It is not often that you find a mining company with a producing mine, a debt-free balance sheet, and positive cash flow. Even more infrequent, a miner that has an existing world class asset in a supply constrained commodity and a world class development property in a European nation. If all of this sounds appealing, then Nevsun Resources (TSX: NSU & NYSE: NSU) will be of some interest. Continue reading Nevsun – Buy On Past And Present Performance, Hold For the Future→