Nevsun recommends shareholders take no action over potential Lundin acquisition offer
In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”
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In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”
Lunding Mining Corp. plans to acquire all issued and outstanding common shares of Nevsun Resources Ltd.
Alongside the recapitalisation of the company, Bowie Resource Partners has appointed new senior executives.
Simon Jackson has been replaced as CEO by Dr Nicole Adshead-Bell, who acknowledged that the company’s Tucano gold mine in Brazil had “underperformed”.
The company produced 2.3 million oz. of silver and 14 557 oz. of gold plus base metal by-products.
Algold Resources enters into several funding agreements including one with Wafa Mining & Petroleum SA to help advance its Tijirit project in Mauritania to the next stage of development.
The company has released highlights from its four mines, including a new one under construction in Nevada, US.
Altius Minerals Corporation expects to report attributable royalty revenue of approximately US$16.5 million, or US$0.38 per share, for the three month period ended 30 June 2018.
The company’s operational performance was solid across most commodities, rounding out a strong first half performance.
There are currently close to 1400 Queensland job vacancies in mining, resources and energy on the employment website SEEK.
Thiess signs a five-year contract to continue its work at Prominent Hill, providing run of mine management, crusher feed and ore rehandling services for the Australian mine.
Imperial Metals Corporation has revealed its 2Q18 metal production results from the Red Chris and Mount Polley mines.