Sunridge is now good to go at its Asmara VMS …
This would be the only underground mine at the project. Gupo Gold has an Indicated gold resource of 952,000 tonnes at 1.53 g/t and an Inferred resource of 1.8 Mt at 1.85 g/t. Our fourth major ...
We were forced to work at Western-run mine, …
Bemnet, who slipped out of Eritrea in 2011, did not work just for the government when he was a conscript: In his legal filing he says he helped build a mine for Nevsun Resources, a Canadian ...
Nevsun poised to extend life of mine in Eritrea
On Thursday June 14, Nevsun said that together with Eritrean partner ENAMCO, it has approved an extension of the Bisha zinc-copper mine that will be self-funded by existing cash flow. The updated Bisha Mine plan serves to extend open-pit zinc-copper production to the end of 2022, from mid-2021 previously. In total, the revised mine plan is ...
HUMAN RIGHTS IMPACT ASSESSMENT
HUMAN RIGHTS IMPACT ASSESSMENT OF THE BISHA MINE IN ERITREA The Bisha Mine is a gold-copper-zinc mine located approximately 150 kilometres west of the Eritrean capital city of Asmara. The Bisha Mine is owned and operated by the Bisha Mining Share Company (BMSC), a company incorporated under Eritrean law. BMSC is 60% owned by …
Eritreans sue Canadian mining firm Nevsun over human …
Workers at Bisha mine, which is 40% owned by the Eritrean government, say they were forced to live in squalid conditions. Nevsun says it adhered to international standards regarding workplace ...
China's Zijin clears last regulatory condition for …
In August, the company spent $1.26B for a 63% in Serbia's largest copper mining and smelting complex RTB Bor. Nevsun's flagship asset is the Bisha copper-zinc mine in Eritrea, but it's also ...
Nevsun 'excited' about continued drilling success at Harena, Eritrea
TSX- and NYSE MKT-listed Nevsun Resources, which is focused on extracting copper from its 60%-owned high-grade Bisha copper mine, in Eritrea, on Monday said it was "excited" about continued ...
Canada's Nevsun denies claims of human rights abuses at Eritrea mine
Canada's Nevsun Resources (TSX:NSU), which owns a majority share of the Bisha copper and gold mine in Eritrea, has released an independent report that found no evidence of forced labour or human ...
Nevsun extends life of its Bisha mine in Eritrea until the
Canada's Nevsun Resources (TSX, NYSEMKT:NSU) is extending the life of its flagship copper-zinc Bisha mine in Eritrea to the end of 2022 — 18 months later than …
Nevsun completes zinc flotation plant at Bisha mine in Eritrea
Canada-based Nevsun Resources has completed the new zinc flotation plant at its 60%-owned Bisha mine in Eritrea. Adding to the existing copper flotation and …
Nevsun can be sued in Canada for alleged human rights abuses, Supreme
Three Eritrean refugees brought a claim against the Nevsun Resources Ltd., a publicly-held British Columbia corporation. They alleged that through a chain of subsidiaries, Nevsun entered into a commercial venture with Eritrea for the development of a gold, copper and zinc mine in Eritrea, and that they were conscripted to work at the …
Canadian mining company accused of exploiting …
More than 130,000 people have signed a petition asking Nevsun to "stop supporting slavery in Eritrea, or else close the Bisha mine". A screengrab from a 2015 Nevsun corporate presentation ...
China's Zijin to buy Nevsun for $1.41bn after Lundin
Last week, the company spent $1.26bn for a 63% in Serbia's largest copper mining and smelting complex RTB Bor. Nevsun's flagship asset is the Bisha copper-zinc mine in Eritrea, but it's also ...
Bisha Project, Eritrea
The mine is expected to have a life of ten years. It is expected to produce about 1.14 million oz of gold, 11.9 million oz of silver, about one billion lb of zinc and 821 …
Special Report
Nevsun says its investment in Eritrea brings social and economic benefits that mitigate the pressure for emigration. Even so, the number of Eritreans seeking refuge in Europe has increased about ...
Zijin Mining Succeeds in Bid for Nevsun Resources and …
Shareholders who tender their Nevsun Shares in the extended period will receive the same C$6.00 per share which will be paid within three business days of the Expiry Time. Zijin has provided ...
Nevsun suffers Eritrea legal setback
The ruling is a final rejection of efforts by Nevsun, before it was acquired for US$1.41 billion by Zijin Mining in 2018, to argue that a lawsuit brought by three …
Nevsun loses bid to stop lawsuit over alleged forced labour in Eritrea
Nevsun's flagship copper-zinc Bisha mine in Eritrea. ... Court throw out a lawsuit by former employees who say they were forced to work at the company's copper-zinc Bisha mine in Eritrea, East ...
Nevsun settles with Eritrean plaintiffs in relation to …
The plaintiffs alleged that Nevsun — through the Bisha Mine Share Company, its Eritrean subsidiary, and in complicity with the government and military of the State of Eritrea, a country in Eastern …
Nevsun extends mine life at Bisha zinc-copper mine
June 15, 2018. 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. The open-pit extension adds 3.3 Mt of high-grade ore to the mill and extends operations through the full year 2022 ...
Nevsun extends mine life at Bisha zinc-copper mine
June 15, 2018. Dual-listed Nevsun Resources has announced that, together with its Eritrean partner ENAMCO, it has approved an …
Nevsun ships first zinc concentrate from Bisha mine in Eritrea
Nevsun owns 60% of the Bisha mine, which has nine years of reserve life and generates revenue from both copper and zinc concentrates containing gold and silver by-products. The State of Eritrea owns a 40% stake in the mine through the Eritrean National Mining Company (ENAMCO), with 30% of this bought from Nevsun before …
Nevsun Reports Huge Increase in Resources at Eritrea Mine
On Tuesday, Nevsun Resources (TSX: NSU) updated the mineral resource estimates for its Bisha and Harena deposits, both of which are located at its Bisha mine in Eritrea. Though the company's ...
Chinese firm Zijin Mining successful in takeover of Nevsun Resources
In August, Nevsun rejected a bid by the Toronto-based Lundin Mining Corp. Nevsun has a copper-gold project in Serbia and a 60 per cent stake in the copper-zinc Bisha Mine in Eritrea. Shares in Nevsun closed at …
Nevsun Resources Ltd. v. Araya | ESCR-Net
Nevsun Resources Ltd. (Nevsun), a corporation incorporated in British Columbia that owns 60% of the Bisha Mining Share Company, appealed from the Court of Appeal's agreement with the …
Slavery charges against Canadian mining company settled …
The mine was held by a consortium comprising Nevsun and the Eritrean government. The claimants said they were part of Eritrea's involuntary and indefinite military conscripts and deployed to ...
Canadian firm to face historic legal case over alleged labour …
Since Nevsun owns 60% of the Bisha Mining Share Company, which owns and operates the mine (the other 40% is owned by the Eritrean government), the plaintiffs claim the Canadian company must have ...
Nevsun appeals to Canada Supreme Court in Eritreans' …
In affidavits filed with the court, six men, who have since left Eritrea, said they were forced to work at Nevsun's Bisha from 2008 to 2012 and that they endured harsh conditions at the Eritrean ...
Court finds Eritreans' case against Nevsun can proceed in …
A truck arrives to ferry excavated gold, copper and zinc ore from the main mining pit at the Bisha Mining Share Company (BMSC) in Eritrea, operated by Canadian company Nevsun Resources, February ...
Nevsun Resources: Substantial Upside In Eritrea With …
Nevsun Resources ( NYSEMKT: NSU-OLD) is a mining company with both a producing mine and exploration interests, all in the country of Eritrea. At its current valuation, Nevsun shares...
