Nevsun says ‘act of vandalism’ took place at the mine.
Canadian headquartered, Eritrean base metals and gold miner Nevsun’s shares stuttered briefly yesterday on African media reports that its highly profitable Bisha base metals and gold/silver mine had been bombed by the Ethiopian Air Force – supposedly in retaliation to an Ethiopian helicopter being held by Eritrea. It is so far uncertain as to whether this is a true representation of events with Nevsun only reporting an ‘act of vandalism’ at the mine which caused no significant damage affecting only the base of a tailings thickener during the night shift on Friday which released water into the plant area. This is being repaired and operations have reportedly been little affected. The company says there were no injuries reported.
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