Lundin Mining

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.

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

Nevsun Resources has advised its shareolders to 'take no action' on the unsolicited takeover offer of the company made by Lundin Mining on 16 July 2018.