Nevsun Resources is up 2.5% in early trading.
Symbol: NSU
Nevsun Resources Ltd., a gold and base metal mining and exploration company, together with its subsidiaries, engages acquisition, exploration, development, and production of mineral properties in Africa. Its principal mineral property includes Bisha Mine with gold, silver, copper, and zinc mineral resources and mineral reserves, located in Eritrea, East Africa. The Bisha Mine consists of a 39 square kilometers mining agreement area. The company also owns the Mogoraib exploration license containing 97.4 square kilometers of area located to the southwest of the Bisha Mine, and a mining license for the Harena deposit covering 7.5 square kilometers, located to the south of the Bisha Mine. Nevsun Resources Ltd. was founded in 1965 and is headquartered in Vancouver, Canada.