Sun Peak advances Shire polymetallic project in Ethiopia
David Daoud, vice president of exploration and geology at newly listed Sun Peak Metals (TSXV: PEAK), was part of the exploration teams that discovered the Bisha and Asmara gold deposits…
Nevsun Resources
Nevsun’s board recommends shareholders reject Lundin takeover bid
VANCOUVER — Nevsun Resources’ (TSX: NSU; NYSE-AM: NSU) board is unanimously recommending shareholders reject Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) bid to buy all of Nevsun’s shares at $4.75 per share, the…
Nevsun reports Q2 loss amidst Lundin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) reported a US$10.8 million loss in the second quarter of 2018, an US$11.3 million decline from the first quarter. Lower zinc prices and mined…
Lundin Mining makes new bid for Nevsun
In its second major overture in three months, Lundin Mining (TSX: LUN) said it plans to offer US$1.4 billion in cash for Nevsun Resources (TSX: NSU; NYSE: NSU). Lundin Mining…
Nevsun rejects $1.5B Euro Sun, Lundin Mining proposal
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) is rejecting an unsolicited proposal by Euro Sun Mining (TSX: ESM) and Lundin Mining (TSX: LUN) that it says lacks adequate value and has…
Nevsun halves Bisha mine life, revises Timok study plans
Newly appointed CEO Peter Kukielski hasn’t wasted time putting his imprint on Nevsun Resources (TSX: NSU; NYSE-MKT: NSU). The Stanford University-educated civil engineer, who joined the company in May, is…
NewCastle punches above its weight class at Castle Mountain
Six months ago, NewCastle Gold (TSX: NCA) enticed Gerald Panneton to join the company as president and CEO to help put its past-producing Castle Mountain project in California back into…
TSX Venture holds steady, June 13-17
The S&P/TSX Venture Composite Index closed relatively unchanged at 715.36 points. Spot gold nearly broke two-year highs, rising 1.9%, or US$24.41, to a US$1,298.65 per oz. close, as the U.S….
The Northern Miner podcast – episode 10: Aloha! CIM conference and earnings season
Join us as we bid Lesley a groovy week-long vacation in Hawaii; aloha! Matt digs into a flurry of quarterly earnings reports, including Goldcorp (TSX: G; NYSE: GG) and Barrick Gold…
Nevsun sees bright future at Bisha
It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, remain on schedule and under budget to complete…
Gold miners keep the faith at Denver Forum
A decade ago, when gold’s bull run was just beginning, the sessions at the Denver Gold Forum were “a lot like going to church,” said Franco-Nevada (FNV-T, FNV-N) president and CEO David Harquail at a presentation at this year’s show.