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Vancouver gold-to-copper miner pops on Horn of Africa results

Zinc Publié le 31 octobre 2014
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Frik Els

News Markets Intelligence Careers Education Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo Frik Els | October 31, 2014 | 7:57 pm Base Metals Precious Metals Africa Copper Gold Silver Zinc Nevsun Resources (TSE:NSU) stock jumped as much as 4.4% out of the gate on Friday after releasing third quarter results that beat expectations thanks to strong cash flows and high grade throughput at its Bisha mine in Eritrea. By early afternoon the Vancouver-based company had given up some of the gains to change hands at $3.77, still up 3% on the Toronto Exchange in higher than usual volumes. Sign Up for the Copper Digest Sign Up The volatile counter is down from a high of $4.62 last month, but unlike many of its peers is showing gains year to date, adding 7% in 2014 for a market value of just over $750 million on the big board. Paying a peer-leading dividend and embarking on a share buyback program also helped the co...
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