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

Lundin Mining and Euro Sun Mining have announced a hostile takeover bid for Nevsun Resources, eyeing its assets in East Africa and south-east Europe.

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