Approximately 14.47 billion lb copper and 4.4 million toz gold should be attributable to Nevsun. Nevsun's 46% share on the Timok Lower Zone project should be worth at …

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Nevsun Resources (TSE:NSU NYSEMKT:NSU) Timok copper project continues to boost the stock of the Vancouver-based company with a 5% jump on Wednesday following the latest set of drilling results ...

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Zijin Mining Group Co., Ltd. 55 %. Indirect. On 30 April 2019, Nevsun Resources (Eritrea) Ltd. ("Nevsun Eritrea"), a subsidiary of the Company, entered into an equity transfer agreement with Eritrean National Mining Corporation and Bisha Mining Share Company ("Bisha"). Nevsun Eritrea transferred its 5% equity interest in Bisha to ...

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Media and Press Releases : Nevsun Resources Ltd(nsu.to) • Nevsun Resources Ltd. is currently focused on the development of its Tabakoto/Segala Projects covering 83 square kilometres in the Kenieba district of Mali, West Africa. In addition, Nevsun has advanced the Bisha Project high-grade gold, copper and zinc discovery in Eritrea. • 24hGold

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Nevsun Resources Ltd reports promising results of a PFS for the Timok Upper Zone copper-gold project in Serbia, which it describes as "one of the world's best development stage copper projects." Highlights: Initial Probable Mineral Reserve of 27 Mt at 3.3% Cu and 2.1 g/t Au using a price of $3.00/lb copper and $1,300/oz gold

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In August, Nevsun rejected a bid by the Toronto-based Lundin Mining Corp. Nevsun has a copper-gold project in Serbia and a 60 per cent stake in the copper-zinc Bisha Mine in Eritrea. Shares in Nevsun closed at $5.95 on the Toronto Stock Exchange on Friday.

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Nevsun Resources Ltd. is a base metals company. The Company's two principal properties are the Timok Project in Serbia, which hosts the copper-gold Cukaru Peki deposit on the Brestovac-Metovnica Exploration Permit (the B-M Permit) and the Bisha Property in Eritrea, which hosts the copper-zinc-gold Bisha deposit and includes satellite volcanogenic massive sulphides (VMS) deposits at Harena ...

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Mining analyst Joe Mazumdar talks to representatives from Nevsun Resources about their copper project in Serbia at the 2017 Roundup Convention in Vancouver, ...

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Courtesy of Nevsun Resources.) Canada's Nevsun Resources (TSX, NYSEMKT:NSU) is extending the life of its flagship copper-zinc Bisha mine in Eritrea to …

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Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) is a Canadian, mid-tier, copper-producing, mining company headquartered in Vancouver, BC. Initially founded as an exploration company in 1965, the company did not explore Africa until the mid-1990s. Nevsun's first African projects were the Kubi Project in Ghana and the Tabakoto Mine in Mali.

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The plaintiffs claimed they and more than 1,000 others had been conscripted through Eritrea's military service into forced labour to construct Nevsun's Bisha gold, copper …

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Zijin Mining is a sizeable multinational mining group dedicated to exploration and development of gold... Reports Annual Reports ... SEHK:2899.HK Current price of main metals Copper Gold . News More > Announcements More > Sustainability Add:No. 1 Zijin Road, Shanghang County, Longyan City, Fujian Province Postal Code: 364200 ...

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Nevsun Resources Ltd was a Canadian diversified mid-tier miner with a portfolio of base metal assets. The company was acquired by Zijin Mining Group Company Limited on December 29, 2018. The company's three principal assets are its ownership interest in the Timok Project, a high-grade copper-gold development project in Serbia, its Bisha zinc-copper …

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Nevsun generates cash flow from its 60% owned copper-zinc Bisha Mine in Eritrea. photo credit: Nevsun. News Release. Friendly All-Cash Agreement for Nevsun to be Acquired by Zijin Mining for US$1.41 billion. Consideration of C$6.00 per share represents 57% premium to unaffected Nevsun share price

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Nevsun was acquired by Zijin Mining Group Company in late 2018. The plaintiffs alleged that Nevsun — through the Bisha Mine Share Company, its Eritrean subsidiary, and in complicity with the government and military of the State of Eritrea, a country in Eastern Africa — committed gross human rights violations such as slavery, forced labour ...

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Nevsun Resources' gold and copper mine in the Bisha mining district in northern Eritrea, adjacent to Sudan. (CBC) The case was first filed in 2014 …

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It is expected to produce about 1.14 million oz of gold, 11.9 million oz of silver, about one billion lb of zinc and 821 million lb of copper. Canadian gold miner Nevsun Resources, which holds a 60% stake, is the operator of the Bisha project. The mining licences are held by the company's Eritrean subsidiary, Bisha Mining Share Company (BMSC).

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Zijin Mining Group Co. agreed to buy Nevsun Resources Ltd. for $1.41 billion to add copper assets in Serbia and Eritrea and enable the Canadian firm to …

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The construction of the mine began in 2008. It was owned and operated by an Eritrean corporation, the Bisha Mining Share Company, which was 40 percent owned by the Eritrean National Mining Corporation and, through subsidiaries, 60 percent owned by Nevsun, a publicly held corporation incorporated under British Columbia's Business Corporations Act.

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Approximately 14.47 billion lb copper and 4.4 million toz gold should be attributable to Nevsun. Nevsun's 46% share on the Timok Lower Zone project should be worth at least $500 million right now.

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