The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…
VANCOUVER — It’s now a “survival of the fittest” story for copper miners, according to Canaccord Genuity analyst Peter Bures, and commodity markets might not offer much relief for at least two years. Over the past 12…
VANCOUVER — It’s pretty evident to industry observers that producer Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is sitting on a veritable cash generator at its Bisha copper-gold operation, 150 km west of Asmara, Eritrea. The company…
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
VANCOUVER — Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is facing a lawsuit in the B.C. Supreme Court alleging it was complicit in the use of forced labour by local contractors at its Bisha copper-gold operation in Eritrea in East Africa….
VANCOUVER — In its first full quarter operating Bisha as a copper mine, owner Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) encountered some commissioning challenges, like higher-than-expected grades and a trucking bottleneck that filled the…
Sunridge Gold (TSXV: SGC; US-OTC: SGCNF) says it’s the biggest milestone achieved to date at its Asmara copper–zinc–gold project in Eritrea. In one broad stroke the company has cemented its position in the country and…
The recent switch from producing gold to copper from Nevsun Resources’ (TSX: NSU; NYSE-MKT: NSU) Bisha mine in Eritrea has gone well for the East Africa-focused miner, which reached the top end of its 2013 copper-production guidance.
Bill Nielsen appreciates just how lucky he was to discover a large, high-grade volcanogenic massive sulphide (VMS) deposit in the middle of the Eritrean desert, 150 km west of the country’s capital of Asmara.
Nevsun Resources (TSX: NSU; NYSE: NSU) continues to prove up the mineral potential of Eritrea.
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.
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