Finance > Capital-markets

Nevsun suspends dividends

Nevsun Resources (CN:NSU) shares dropped more than 7% yesterday as the company opted to suspend dividends in aid of growth and further advancing its Timok Upper Zone copper-gold project in Serbia.

Staff reporter

Finance > Capital-markets

Nevsun suspends dividends

Nevsun Resources (CN:NSU) shares dropped more than 7% yesterday as the company opted to suspend dividends in aid of growth and further advancing its Timok Upper Zone copper-gold project in Serbia.

Staff reporter

Nevsun suspends dividends

Miner will use capital to advance Timok Upper Zone

The company took a hit on the markets last February when it cut its dividend by 75% to conserve capital and fund Timok.