In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”
The company has released highlights from its four mines, including a new one under construction in Nevada, US.
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.
MineHub Technologies will employ blockchain technology to develop a new series of applications for the mining industry.
Callinex has begun diamond drilling operations at the Nash Creek Zinc project in New Brunswick, Canada.
The MICHELIN® X Mine® D2 Pro and the XSM® D2+ Pro Line of tyres are specifically made for loaders and transport machines.
The two firms have agreed to work together on possible acquisitions and share expertise in mining technology.
The upcoming exploration campaign is anticipated to include approximately 20 to 40 drill holes totalling 3500 to 7000 m along and up to 160 line km of ground induced polarization (IP) surveys.
The refinancing is jointly led by the Bank of Nova Scotia and ING Capital LLC, with participation from the Toronto-Dominion Bank and Export Development Canada.
According to a recent report by the Chartered Professional Accountants of British Columbia (CPABC), the revival of the mining industry in Cariboo (Canada) is to help offset the effects of wildfires in the region.