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Stock Market & Financial Investment News

News Breaks
January 9, 2013
07:35 EDTNSUNevsun Resources says produced 313,000 ounces of gold in 2012
Nevsun Resources announced strong production results of 313,000 ounces of gold for 2012 with 46,000 ounces in the quarter ended December 31, 2012. Gold production for 2012 exceeded the top end of the latest guidance. Bisha gold production is again extended and is now anticipated to continue to the end of Q2, aligning well with the planned commissioning of the copper expansion project. The copper plant expansion continues to progress on schedule and budget with concentrate production expected in mid-2013.
News For NSU From The Last 14 Days
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November 21, 2014
07:52 EDTNSUNevsun Resources denies allegations made in B.C. lawsuit
Nevsun Resources advises that a lawsuit has been filed against it in the B.C. Supreme Court by three individuals who claim to have once worked with a local sub-contractor at the Bisha Mine in Eritrea. The lawsuit makes human rights allegations against the company and its local sub-contractor. The company denies the allegations and will vigorously defend itself against this claim. Cliff Davis, Nevsun's CEO, said, "We are confident that the allegations are unfounded. Based on various company-led and third party audits, the Bisha Mine has adhered at all times to international standards of governance, workplace conditions, and health and safety. We are committed to ensuring that the Bisha Mine is managed in a safe and responsible manner that respects the interests of the local communities, workers, national governance, stakeholders, and the natural environment."
November 20, 2014
16:24 EDTNSUOn The Fly: Closing Wrap
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11:58 EDTNSUNevsun Resources has received expressions of interest on potential transaction
Nevsun Resources said it in a statement that the company "receives in the normal course of business enquiries regarding corporate mergers and acquisitions. Nevsun has recently received from various parties expressions of interest on a potential corporate transaction. We take these enquiries seriously however any discussions are at a preliminary stage and there is no certainty that any transaction will be completed. Management is not aware of a bid for the Company. Nevsun does not intend to comment further on potential corporate transactions unless and until it deems further disclosure is appropriate or required by applicable law."
10:23 EDTNSUNevsun Resources trading halted, pending news
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09:58 EDTNSUQKR near $1B takeover bid for Nevsun Resources, Bloomberg says
Negotiations are ongoing between mining fund QKR and Nevsun Resources and the fund is close to making a bid of about $1B for the Canadian miner, according to Bloomberg, citing people with knowledge of the matter. Shares of Nevsun trading in New York are up nearly 15% to $4.30 following the report. Reference Link
09:35 EDTNSUNevsun Resources may get nearly $1B bid from Qatar's QKR, Bloomberg says
November 13, 2014
07:56 EDTNSUNevsun Resources reports additional positive drilling results for Harena
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