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Altau Resources granted Zager exploration licence in Ethiopia

Altus Strategies has announced that its 100% owned Ethiopian subsidiary, Altau Resources, has been granted the Zager exploration licence in Ethiopia.

Zijin Mining’s takeover bid of Nevsun maintains momentum

TSX / NYSE-listed Nevsun Resources has been advised by Zijin Mining Group that Zijin has received the second of three required regulatory approvals from the People's Republic of China for Zijin's proposed friendly takeover bid of Nevsun.
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Zijin Mining to bid C$1.86 billion for Nevsun Resources

Nevsun Resources and Zijin Mining Group have entered an agreement where Zijin will make a take-over bid to acquire Nevsun.
Africa Finance Corporation

Nevsun extends mine life at Bisha zinc-copper mine

Dual-listed Nevsun Resources has announced that, together with its Eritrean partner ENAMCO, it has approved an extension to the Bisha zinc-copper mine in Eritrea, self-funded by existing cash flows from Bisha.

Nevsun Resources discovers new sulphide deposit at Bisha

Eritrea – Dual-listed Nevsun Resources has discovered a greenfield volcanogenic massive sulphide discovery at the grassroots Asheli prospect on the Mogoraib River exploration license, located 20 km southwest of the Bisha processing plant. The Asheli...

Nevsun Resources continues to expand Harena with high grade drill results

Eritrea – Nevsun Resources has released new assay results from exploration drilling completed on the Harena mining license located 10 kilometers south of the Bisha Mine and processing plant, located in Eritrea. The drilling forms...

Nevsun Resources achieves over 21 million LTI-free work hours in 2014

Eritrea – Dual-listed Nevsun Resources reported a significant safety achievement in its 2014 Corporate Social Responsibility (CSR) Report titled Positive Directions, having achieved 21.7 million lost time injury-free hours as at December 31, 2014. This...

Eritrea govt opposition attacks foreign mining companies

Eritrea – Nevsun Resources’ local subsidiary Bisha Mining Share Company’s Bisha mine has come under attack as an anti-government campaign by Eritrean armed opposition are increasing the risk of attacks against ground cargo and...