Special Report
Nevsun says its investment in Eritrea brings social and economic benefits that mitigate the pressure for emigration. Even so, the number of Eritreans seeking refuge in Europe has increased about ...
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Nevsun appeals to Canada Supreme Court in Eritreans' …
In affidavits filed with the court, six men, who have since left Eritrea, said they were forced to work at Nevsun's Bisha from 2008 to 2012 and that they endured harsh conditions at the Eritrean ...
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Eritreans sue Canadian mining firm Nevsun over human …
Workers at Bisha mine, which is 40% owned by the Eritrean government, say they were forced to live in squalid conditions. Nevsun says it adhered to international standards regarding workplace ...
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Eritrea: NEVSUN's Multi-million Class Action Lawsuit Settlement
Nevsun owns 60% of the Bisha Mining Share Company in western Eritrea while the remaining 40% is owned by the Eritrean National Mining Corporation (ENAMCO), which is owned by the ruling party. The lawsuit alleged that Nevsun was engaged in deceptive practices to mislead investors and shareholders by inflating the value of …
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Nevsun appeals to Canada Supreme Court in Eritreans' …
Workers and visitors walk within the processing plant at the Bisha Mining Share Company (BMSC) in Eritrea, operated by Canadian company Nevsun Resources, February 18, 2016.
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Nevsun provides eritrea update
Bisha Mine in western Eritrea continues operations as normal. Following reports of a small group of dissident soldiers taking-over the ministry of information building in the capital city of ...
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2020 SCC 5 (CanLII) | Nevsun Resources Ltd. v. Araya | CanLII
The mine is owned by a Canadian company, Nevsun Resources Ltd. The Eritrean workers started proceedings in British Columbia against Nevsun and sought damages for breaches of customary international law prohibitions against forced labour, slavery, cruel, inhuman or degrading treatment, and crimes against humanity.
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Canada's Nevsun Resources To Face Mass Slavery Lawsuit After
Trucks ferry excavated gold, copper and zinc ore from the main mining pit at the Bisha Mining Share Company in Eritrea, operated by Canadian company Nevsun Resources, on Feb. 17, 2016. A Vancouver-based mining firm can be sued for slavery, forced labour and crimes against humanity over its operations in Eritrea, the Supreme …
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Canada's Nevsun defends Eritrea mining after damning …
Canadian mining company Nevsun Resources is defending its operations in Eritrea following a damning report by the United Nations that accused the miner of using forced labour in the North African ...
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Nevsun extends life of its Bisha mine in Eritrea until the
Canada's Nevsun Resources (TSX, NYSEMKT:NSU) is extending the life of its flagship copper-zinc Bisha mine in Eritrea to the end of 2022 — 18 months later than …
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Nevsun poised to extend life of mine in Eritrea
On Thursday June 14, Nevsun said that together with Eritrean partner ENAMCO, it has approved an extension of the Bisha zinc-copper mine that will be self-funded by existing cash flow. The updated Bisha Mine plan serves to extend open-pit zinc-copper production to the end of 2022, from mid-2021 previously. In total, the revised mine plan is ...
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Nevsun Resources Ltd v ArayaCanadian Supreme Court …
Nevsun was the 60% majority owner of the Bisha Mining Share Company (the Bisha Company) in Eritrea, which operated the Bisha mine, with the other 40% owned by the Eritrean National Mining Company. The Bisha Company hired a contractor, who in turn entered into sub-contracts with two companies (one controlled by the Eritrean …
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Top court weighs precedent-setting case of human rights …
B.C.-based mining company Nevsun Resources Ltd. is being sued for its alleged complicity in the forced labour, slavery and torture of workers at the Bisha gold, zinc and copper mine in Eritrea ...
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Slavery charges against Canadian mining company settled …
The mine was held by a consortium comprising Nevsun and the Eritrean government. The claimants said they were part of Eritrea's involuntary and indefinite military conscripts and deployed to ...
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Canadian firm faces new forced labour claims over Eritrean mine
Nevsun, which had revenues of $357m (£291m) in 2015, and earlier this year expanded its operations in Eritrea, denies the allegations in the lawsuit and says the mine is a model development.
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Nevsun extends mine life at Bisha zinc-copper mine
June 15, 2018. Dual-listed Nevsun Resources has announced that, together with its Eritrean partner ENAMCO, it has approved an …
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Canada's Nevsun denies claims of human rights abuses at Eritrea mine
Canada's Nevsun Resources (TSX:NSU), which owns a majority share of the Bisha copper and gold mine in Eritrea, has released an independent report that found no evidence of forced labour or human ...
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Nevsun loses bid to stop lawsuit over alleged forced labour in Eritrea
Nevsun's flagship copper-zinc Bisha mine in Eritrea. ... Court throw out a lawsuit by former employees who say they were forced to work at the company's copper-zinc Bisha mine in Eritrea, East ...
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Chinese firm Zijin Mining successful in takeover of Nevsun Resources
In August, Nevsun rejected a bid by the Toronto-based Lundin Mining Corp. Nevsun has a copper-gold project in Serbia and a 60 per cent stake in the copper-zinc Bisha Mine in Eritrea. Shares in Nevsun closed at …
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Bisha Project, Eritrea
The mine is expected to have a life of ten years. It is expected to produce about 1.14 million oz of gold, 11.9 million oz of silver, about one billion lb of zinc and 821 …
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Nevsun Resources: Substantial Upside In Eritrea With …
Nevsun Resources ( NYSEMKT: NSU-OLD) is a mining company with both a producing mine and exploration interests, all in the country of Eritrea. At its current valuation, Nevsun shares...
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Nevsun 'excited' about continued drilling success at Harena, Eritrea
TSX- and NYSE MKT-listed Nevsun Resources, which is focused on extracting copper from its 60%-owned high-grade Bisha copper mine, in Eritrea, on Monday said it was "excited" about continued ...
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Nevsun can be sued in Canada for alleged human rights abuses, Supreme
Three Eritrean refugees brought a claim against the Nevsun Resources Ltd., a publicly-held British Columbia corporation. They alleged that through a chain of subsidiaries, Nevsun entered into a commercial venture with Eritrea for the development of a gold, copper and zinc mine in Eritrea, and that they were conscripted to work at the …
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China's Zijin to buy Nevsun for $1.41bn after Lundin
Last week, the company spent $1.26bn for a 63% in Serbia's largest copper mining and smelting complex RTB Bor. Nevsun's flagship asset is the Bisha copper-zinc mine in Eritrea, but it's also ...
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China's Zijin pays $1.4bn for Nevsun Resources
Zijin agreed to pay C$1.86bn in cash (US$1.41bn) for Canadian miner Nevsun Resources, which is developing a copper and gold project in Serbia. That trumped an earlier hostile bid by Canada's ...
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Nevsun ships first zinc concentrate from Bisha mine in Eritrea
Nevsun owns 60% of the Bisha mine, which has nine years of reserve life and generates revenue from both copper and zinc concentrates containing gold and silver by-products. The State of Eritrea owns a 40% stake in the mine through the Eritrean National Mining Company (ENAMCO), with 30% of this bought from Nevsun before …
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Nevsun extends mine life at Bisha zinc-copper mine
June 15, 2018. Dual-listed Nevsun Resources has announced that, together with its Eritrean partner ENAMCO, it has approved an extension to the Bisha zinc-copper mine in Eritrea, self-funded by existing cash flows from Bisha. The open-pit extension adds 3.3 Mt of high-grade ore to the mill and extends operations through the full year 2022 ...
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Nevsun poised to extend life of mine in Eritrea
Nevsun's Bisha copper-zinc mine in Eritrea, Africa. Source Nevsun Resources Ltd. Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN], the target of a takeover proposal by Euro Sun Mining Inc. [ESM-TSX, …
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Independent Technical Report 2016 Resources and …
This technical report was prepared for Nevsun Resources Ltd. to summarise the results of the resource and reserve update of the Bisha Mine (Bisha, Mine or Project), located in Eritrea. Nevsun holds a 60% interest in the Project, through a 60% interest in Bisha Mining Share Company (BMSC).
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Canadian mining company accused of exploiting …
More than 130,000 people have signed a petition asking Nevsun to "stop supporting slavery in Eritrea, or else close the Bisha mine". A screengrab from a 2015 Nevsun corporate presentation ...
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