Chinese giant Zijin Mining buys rest of Nevsun Resources

Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares of Nevsun Resources (NSU) in what both companies term as a “compulsory acquisition.” As per the terms of the deal, all remaining Nevsun shareholders would receive consideration of 6 Canadian dollars (CAD) per share. “In … Continue reading Chinese giant Zijin Mining buys rest of Nevsun Resources