Nevsun Resources and its heaps of cash
Last year marked the second year of production at Nevsun Resources (NSU-T, NSU-N) 60%-owned Bisha mine in Eritrea and already its balance sheet is the envy of many companies in the industry.
Nevsun Resources Ltd
Eritrean trials and tribulations for Nevsun
Doing business in East Africa may come with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.
Eritrean gov’t engaged in forced labour, NGO says
Strong, preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a report from Human Rights Watch (HRW) says.
Eritrean trials and tribulations for Nevsun
Doing business in East Africa comes with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.
Eritrea can be risky business, NGO says
Strong preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a new report from Human Rights Watch says.
Class actions now in session
The numbers are sobering: A $4-billion class-action lawsuit against Kinross Gold (K-T, KGC-N), a $1-billion claim against Baffinland Iron Mines, a $250-million claim against Agnico-Eagle Mines (AEM-T, AEM-N), a $66-million claim against Eastern…
Where did Nevsun’s gold go?
At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.
TSX falls as fears over Greece resurface
Fears over whether Greece would be able to meet austerity requirements set by the European Union meant the risk-free trade was back on. That led investors to pile into U.S.treasuries sending both the Canadian dollar and the TSX Composite Index…
Where did Nevsun’s gold go?
At a time of record high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several new high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
Avion triples Hounde resource to 1.6M oz. gold
In less than two years, Avion Gold (AVR-T) has turned a group of early stage mineral concessions in Burkina Faso into a 1.6-million-oz. gold project, with management convinced of its potential for growth.