BY PETER ARENDAS | SEEKING ALPHA Yesterday, Lundin Mining (OTCPK:LUNMF) and Euro Sun Mining (OTCPK:CPNFF) announced that they submitted a proposal to acquire Nevsun Resources (NSU) for C$1.5 billion ($1.156 billion), however, this offer was rejected by Nevsun’s management.
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BY REUTERS Canadian miners Lundin Mining Corp and Euro Sun Mining Inc disclosed on Monday an offer made earlier to buy base metals company Nevsun Resources Ltd, which rejected the C$1.5 billion ($1.16 billion) proposal.
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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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BY VALUE PORTFOLIO | SEEKING ALPHA Nevsun Resources (NYSEMKT: NSU) is moving forward as a mining company, expanding its operations in Serbia along with continuing its operations from the Bisha Mine in Eritrea, Africa. As we will see throughout this article, the company’s strong recent Bisha Mine results, along with the growth potential of the […]
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