M&A

Lundin, Euro Sun launch US$1.5 billion hostile bid to split Nevsun

Companies team up after lack of engagement by Nevsun management

Tom Azzopardi in Santiago
Lundin, Euro Sun launch US$1.5 billion hostile bid to split Nevsun

Nevsun operates the Bisha copper-zinc mine in Eritrea which produced 208 million pounds of zinc and 18Mlb of copper last year. But its main prize is the Timok copper-gold deposit in Serbia which has a...

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