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NSU on Toronto Stock Exchange

Nevsun Resources

Logo: http://www.nevsun.com/, Non-free logo, via Wikipedia3

Former Canadian mining company

Nevsun Resources Ltd was a Canadian diversified mid-tier miner with a portfolio of base metal assets. The company was acquired by Zijin Mining Group Company Limited on December 29, 2018. Its three principal assets are its ownership interest in the Timok Project, a high-grade copper-gold development project in Serbia; its Bisha zinc-copper mine in Eritrea; and its balance sheet.2 Its shares trade on Toronto Stock Exchange under the symbol NSU.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1965Founded1

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  • TickerNSU on Toronto Stock Exchange1
  • HeadquartersVancouver1
  • Websitewww.nevsun.com
  • Listed onNYSE American (NSU), Toronto Stock Exchange (NSU)1

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Nevsun Resources Ltd was a Canadian diversified mid-tier miner with a portfolio of base metal assets. The company was acquired by Zijin Mining Group Company Limited on December 29, 2018. Its three principal assets are its ownership interest in the Timok Project, a high-grade copper-gold development project in Serbia; its Bisha zinc-copper mine in Eritrea; and its balance sheet. The company also holds a number of additional exploration licences and permits in Serbia, Macedonia, and in the Bisha mining district.2

Products and brands

The Timok Project became part of Nevsun Resources Ltd. through the acquisition of Reservoir Minerals Inc. on June 23, 2016. It is a joint venture between Nevsun and Freeport-McMoRan Exploration Corporation.

The Bisha Mine, located in Eritrea, is a volcanogenic massive sulfide ore deposit that commenced production in February 2011. It extracts gold, copper, and zinc.

In November 2014, three former employees of the Bisha Mine filed a civil suit in British Columbia against Nevsun Resources, alleging complicity in human rights abuses, including torture and forced labor. Nevsun's CEO at the time, Cliff Davis, responded by asserting that the allegations were unfounded and that the Bisha Mine adhered to international standards of governance and workplace conditions. In 2016, the Supreme Court of British Columbia ruled that the case could proceed in Canadian courts, a decision upheld by the British Columbia Court of Appeal in 2017. In February 2020, the Supreme Court of Canada confirmed that the case against Nevsun could proceed in Canadian courts.

From Wikipedia’s article on Nevsun Resources, shared under CC BY-SA 4.0.4

Timeline

  1. 1965Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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